Sunday Times Rich List 2011

Summary

The Sunday Times Rich List 2011 is the 23rd annual survey of the wealthiest people in the United Kingdom, published by The Sunday Times on 8 May 2011.[1] Since its earliest inception, the Rich List has been widely previewed in the UK media and extensively covered on the day of publication.[2][3]

Every year since 1989, the UK national Sunday newspaper The Sunday Times (sister paper to The Times) has published a magazine supplement to the newspaper called the Sunday Times Rich List.

Evaluation criteria edit

The list is based on an estimate of the net worth of the richest 1,000 people or families in the United Kingdom as of January of that year. Analysis encompasses measuring identifiable wealth, to include land, property, racehorses, art or significant shares in publicly quoted companies. The Sunday Times staff do not have access to personal bank accounts. Therefore, analysis excludes this financial data, along with small shareholdings in private equity portfolios. Once analysis is complete, the list is compiled by Dr Philip Beresford, with Tristian Davies serving as the executive editor.[4]

In addition to the main list, smaller lists are compiled based on miscellaneous sets of criteria. These criteria include the source of their wealth, ethnicity, gender, aristocracy, profession, region, land value, charitable giving, age, and astrological signs.[5] A separate section lists the 250 richest Irish, including both Northern Ireland and the Republic of Ireland.

Notable changes edit

The highest new entries to the Rich List in 2011 were Gopi and Sri Hinduja, whose share of their family business was estimated at £billion.[6] Another high ranked new entrant was Ravi Ruia of India's Essar with a fortune estimated at £4.9 billion, placing him 12th. The highest new entry among the women was China's Xiuli Hawken, wife of a London teacher, with an estimated property fortune of £1.066 billion.[citation needed]

Top 12 fortunes edit

2011[1] Name Citizenship Source of wealth 2010[7]
Rank Net worth
£ bn
Rank Net worth
£ bn
1   £17.50   Lakshmi Mittal and family   India Steel, co-owner of QPR FC 1 £22.45
2   £12.40   Alisher Usmanov   Russia Steel, mining and co-owner of Arsenal FC 6 £4.70
3   £10.00   Roman Abramovich   Russia Oil, industry, owner of Chelsea FC 2 £7.40
4   £7.00   The Duke of Westminster   United Kingdom Inheritance, land, property 3 £6.70
5   £6.80   Ernesto and Kirsty Bertarelli   Switzerland &   United Kingdom Pharmaceuticals 4 £5.95
6   £6.24   Leonard Blavatnik   United States Industry 15 £3.00
7   £6.20   John Fredriksen and family   Cyprus Shipping 16 £2.75
8   £6.18   David and Simon Reuben   United Kingdom Property 5 £5.53
9 £6.00   Gopi and Sri Hinduja   India Industry and finance n/a unlisted
9   £6.00   Galen Weston, George Weston and family   Canada Retailing (George Weston Limited) 7 £4.50
11  £5.40   Charlene de Carvalho-Heineken and Michel Carvalho   Netherlands[8] Inheritance, banking, brewing (Heineken) 8 £5.53
12 £4.90 Ravi Ruia   India Energy (Essar Group) n/a unlisted

See also edit

References edit

  1. ^ a b Beresford, Philip, ed. (8 May 2011). "2011 Sunday Times Rich List". The Sunday Times. United Kingdom. Archived from the original on December 31, 2010. Retrieved 8 May 2011.
  2. ^ "Rich list suggests UK richest seeing funds recovering". BBC News. 8 May 2011. Retrieved 9 May 2011.
  3. ^ Swinford, Steven (7 May 2011). "Sunday Times Rich List 2011: Fortunes of super-rich soar". London: Telegraph. Retrieved 9 May 2011.
  4. ^ "Wealthiest UK people revealed in Sunday Times Rich List". BBC News. 8 May 2011. Retrieved 9 May 2011.
  5. ^ "Features: Rich Lst". The Sunday Times. United Kingdom. Archived from the original on October 17, 2017. Retrieved 9 May 2011.
  6. ^ "Want to be a billionaire? You should have founded Specsavers". The Independent. United Kingdom. 2011. Archived from the original on 2022-05-25.
  7. ^ Beresford, Philip, ed. (25 April 2010). "2010 Rich List". thesundaytimes.co.uk. Archived from the original on December 31, 2010. Retrieved June 11, 2016.
  8. ^ Fontevecchia, Agustino. "Charlene de Carvalho-Heineken". Forbes. Retrieved 9 October 2015.

External links edit

  • Sunday Times Rich List