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Mittal tops Britain's Rich List 2009 despite losing 61% of his wealth
London, 26 April 2009
 Indian
steel tycoon Lakshmi Niwas Mittal has once again
topped the Sunday Times Rich List - the definitive
rundown of Britain's wealthiest people - desiite
losing more than 61% of his personal wealth. The
steelmaker's enormous fortune has taken a distinct
dive. Stock market turmoil and fears of declining
demand for steel have shrunk the value of the
family stake in Arcelor Mittal from £33 billion
last June to about £8.2 billion
The recession has wiped £155
billion from the fortunes of Britain’s richest
1,000 people, equivalent to more than a third
of their wealth. The Rich List’s combined wealth
adds up to £258.27 billion, compared with £412.8
billion last year. Faced with such harsh economic
conditions Over the past five years the bottom
line required for a place in the Rich List has
risen from £30m in 2003 to £80m last year. Now
a fortune of £55m is sufficient to make the top
1,000.
Many have disappeared from
the list completely: notably Shri & Gopichand
Hinduja and Sir Tom Hunter, worth £1.05 billion
last year, whohas seen his investments in housebuilding,
garden centres and retail turn sour. Coupled with
his pledge to give his fortune away - he has donated
£23.3m in the past year - Hunter no longer makes
the Rich List. The Hindujas, meanwhile, have returned
to India.
The
Sunday Times Rich List ist for 2009:
|
Rank
|
Name
|
Wealth
|
Fall
|
| 1. |
Lakshmi
Mittal and family |
£10,
800m
|
61%
|
| 2. |
Roman
Abramovich |
£7,000m
|
40%
|
| 3. |
The
Duke of Westminster |
£6,500m
|
7%
|
| 4. |
Ernesto
& Kirsty Bertarelli |
£5,000m
|
12%
|
| 5. |
Hans
Rausing and family |
£4,000m
|
26%
|
| 6. |
Sir
Philip and Lady Green |
£3,800m
|
12%
|
| 7. |
Charlene
& Michel de Carvalho |
£3,000m
|
18%
|
| 8. |
Sammy
and Eyal Ofer |
£2,700m
|
20%
|
| 9= |
John
Fredriksen |
£2,500m
|
46%
|
| 9= |
Joe
Lewis |
£2,500m
|
11%
|
| 9= |
Kirsten and Jorn
Rausing |
£2,500m
|
29%
|
| 9= |
David and Simon
Reuben |
£2,500m
|
42%
|
The
Sunday Times Asian Rich List 2009
| RANK |
NAME |
WORTH |
SOURCE
OF WEALTH |
| 1
(1) |
Lakshmi
Mittal and family |
£10,800m |
Steel |
| 70
(23) |
Anil
Agarwal |
£600m |
Mining |
| 77
(94=) |
Anurag
Dikshit |
£559m
|
Internet
gambling |
| 88=
(47=) |
Lord
Paul and family |
£500m |
Industry |
| 88=
(65=) |
The
Jatania brothers |
£500m |
Toiletries |
| 103=
(116) |
Sir
Anwar Pervez and family |
£489m |
Cash
and carry |
| 123=
(175=) |
Felix
Grovit |
£430m |
Foreign
exchange |
| 141=
(152=) |
Bhikhu
and Vijay Patel |
£370m |
Pharmaceuticals |
| 146=
(214=) |
Ramesh
and Pratibha Sachdev |
£350m
|
Nursing
homes
|
| 156=
(262) |
Jasminder
Singh and family |
£330m
|
Hotels |
| 174=
(180) |
Tom
Singh and family |
£315m
|
Fashion |
| 243=
(289) |
Vikrant
Bhargava |
£230m |
Internet
gambling |
| 307=
(206=) |
Naresh
Goyal and family |
£182m |
Airline |
| 309=
(297=) |
Firoz
Kassam |
£180m |
Hotels |
| 309=
(366=) |
Harpal
Matharu and family |
£180m |
Hotels |
| 362=
(380=) |
Navin
and Varsha Engineer |
£150m |
Pharmaceuticals |
| 388=
(362=) |
Surinder
Arora and family |
£140m |
Property,
Hotels |
| 406=
(397=) |
Kirit
and Meena Pathak |
£130m
|
Food |
| 438=
|
Dr
Kartar and Tej Lalvani |
£120m |
Food
supplements |
| 438= |
Dr
Nick Dhandsa and family |
£120m |
Nursing
homes, Prop. |
| 438=
(644=) |
Iqbal
Ahmed and family |
£120m
|
Food |
| 492=
(581=) |
Ranjit
and Baljinder Singh |
£110m |
Chickens |
| 503=
(724=) |
Anwar
and Yakub Patel |
£108m |
Pharmacies |
| 540=
(784=) |
Sukhpal
Singh Ahluwalia |
£100m |
Car
parts, Property |
| 570=
(1621=) |
Assem
Allam and family |
£97m |
Marine
generators |
| 600=
(784=) |
Shiraz
Dharamshi Tejani & Family |
£90m |
Paper
products |
| 657=
(751=) |
Lady
Nina Bracewell-Smith & family |
£85m |
Football,
Hotels |
| 657=
(845=) |
Rahul
and Rita Sharma |
£85m |
Travel |
| 694=
(1181=) |
Lord
Bilimoria |
£80m |
Beer |
| 694=
(1190=) |
Lord
Rana and family |
£80m |
Hotels,
Property |
| 742=
(962=) |
Fakhruddin
Suterwalla and family |
£78m |
Food |
| 751=
(616=) |
Abdul
Alimahomed and family |
£75m
|
Packaging |
| 751=
(1049=) |
Gulshan
and Asif Bhatia |
£75m |
Hotels |
| 793=
(594=) |
Rashid
Tayub and family |
£70m |
Food
distribution |
| 843=
(714=) |
Abdul
Bhatti and family |
£68m |
Cash
and carry |
| 843=
(591=) |
Adalat
and Arshad Chaudhary |
£68m |
Cash
and carry |
| 843=
(714=) |
Younus
Sheikh |
£68m |
Cash
and carry |
| 863=
(1049=) |
Dinesh
Dhamija and family |
£65m |
Leisure |
| 863=
(1096=) |
James
Caan |
£65m |
Finance,
Outsourcing |
| 863=
(1197=) |
Sir
Gulam Noon |
£65m |
Food |
| 924=
(1118=) |
Lord
Alli |
£60m
|
Media |
| 924=
(1049=) |
Pradip
and Manish Dhamecha |
£60m |
Cash
and carry |
| 924=
(879=) |
Zuber
Issa and family |
£60m |
Petrol
stations |
| 966=
(924=) |
Afzal
and Akmal Khushi |
£58m |
Sportswear |
| 966=
(912=) |
Zameer
Choudrey and family |
£58m |
Cash
and carry |
| 986=
(1259=) |
Lord
and Apurv Bagri |
£55m |
Metal |
| 1001=
(924=) |
Mayank
Patel |
£54m |
Finance |
| 1001=
(1118=) |
Sushil
Wadhwani |
£54m |
Finance |
| 1046=
(1034) |
Bharat
Shah and family |
£52m |
Pharmaceuticals |
| 1077=
(879=) |
Dr
Avtar Lit |
£50m |
Radio |
| 1077=
(1446=) |
Dr
Chai Patel |
£50m
|
Health
clinics |
| 1077=
(1446=) |
Gurchait
and Gurnaik Chima |
£50m |
Retailing |
| 1077=
(1446=) |
Koolesh
Shah and family |
£50m
|
Hotels |
| 1077=
(1259=) |
Nat
Puri |
£50m
|
Industry |
| 1077=
(1118=) |
Raj
Chatha and family |
£50m |
Food
and drink |
| 1152=
(389) |
Kishore
Lulla and family |
£48m
|
Media |
| 1152=
(1331=) |
Mo
Chaudry and family |
£48m |
Leisure,
Property |
| 1152=
(1197=) |
Rajan
and Sanjay Kumar |
£48m |
Fashion |
| 1152=
(1012=) |
Sanjay
Vadera and family |
£48m |
Perfume |
| 1152=
(962=) |
Shaf
Rasul |
£48m |
Property,
Computers |
| 1198= |
Tarsem
Dhaliwal |
£46m
|
Retailing |
| 1203=
(1621=) |
Ajaz
Ahmed |
£45m |
Advertising |
| 1203=
(1446=) |
Satinder
Gulhati and family |
£45m |
Hotels |
| 1288=
(1012=) |
Farouq
and Haroon Sheikh |
£43m |
Care
homes |
| 1296=
(1100=) |
Bharat
and Ketan Mehta |
£42m |
Pharmaceuticals |
| 1296= |
Dolar
Popat |
£42m |
Care
homes, Hotels |
| 1296=
(751=) |
Naresh
Shah and family |
£42m |
Pharmaceuticals |
| 1348=
(1446=) |
Shami
Ahmed and family |
£40m
|
Clothing,
Property |
| 1348=
|
Viswajit
& Nishma Palasuntheram |
£40m |
Property |
| 1468=
(1355=) |
Tony
Deep Wouhra and family |
£39m |
Food |
| 1550=
|
Mahesh
Patel and family |
£35m
|
Food |
| 1550=
(1415=) |
Moni
Varma |
£35m |
Rice |
| 1550=
(1621=) |
Muquim
Ahmed |
£35m |
Property |
| 1550=
|
Tom
and Melba Correia |
£35m
|
Leisure |
| 1550=
(1446=) |
Yagnish
Chotai |
£35m
|
Finance |
| 1550=
(1446=) |
Yoganathan
Ratheesan |
£35m |
Telecoms |
| 1673= |
Raj
Sehgal and Sanjay Mehan |
£32m |
Fashion |
| 1673=
(1794=) |
Ranbir
Singh and family |
£32m |
Jewellery |
| 1673=
|
Ravi
and Jagdish Karia |
£32m |
Pharmaceuticals |
| 1771=
|
Alnur
and Yasmin Dhanani |
£30m |
Leisure |
| 1771=
|
Charan
and Shalinder Sohal |
£30m |
Clothing |
| 1771=
|
Jatti
and Avneet Sahni |
£30m |
Computers |
| 1771= |
Sheeraz
Hasan and family |
£30m |
Media
|
(2008
rank in brackets). * Source The Sunday Times Rich
List 2009.
ASIAN
RICH LIST ARCHIVE
Click here for the Asian
Rich List 2008
Click
here for the Asian
Rich List 2007.
Click here for the Asian
Rich List 2006.
Click here for the Asian
Rich List 2005.
Click here
for the Asian
Rich List 2004.
Click here for the Asian
Rich List 2003.
Click here for the Asian
Rich List 2002.
Click here for the Asian
Rich List 2001.
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