The Sunday Times Rich List 1989 is the 1st annual survey of the wealthiest people resident in the United Kingdom, published by The Sunday Times on 2 April 1989. [1]
In 1989 a wealth of £30 million was needed to make the top 200, [1] (approximately £94 million in today's value). [2]
The list at the time reported Queen Elizabeth II as the wealthiest person in the United Kingdom, with a wealth of £5.2 billion, which included state assets that were not hers personally, [3] (approximately £16.3 billion in today's value). [2]
1989 | Name | Citizenship | Source of wealth | |
---|---|---|---|---|
Rank | Net worth £ bn | |||
1 | £5.2 | The Queen | United Kingdom | Landowner |
2 | £3.2 | The Duke of Westminster | United Kingdom | Landowner |
3 | £1.97 | Lord Sainsbury & family | United Kingdom | Retail |
4 | £1.9 | Gad and Hans Rausing | Sweden | Packaging |
5 | £1.7 | Sir John Moores | United Kingdom | Retail |
5 | £1.7 | Garfield Weston | Canada | Retail |
7 | £1.2 | John Paul Getty II | United Kingdom | Oil |
7 | £1.2 | Lord Vestey & Edmund Vestey | United Kingdom | Food |
9 | £1 | Octav Botnar | Romania | Cars |
10 | £0.75 | Sir James Goldsmith | France & United Kingdom | Finance |
The economy of the United Kingdom is a highly developed social market economy. It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), Tenth-largest by purchasing power parity (PPP), and twenty-first by nominal GDP per capita, constituting 3.1% of nominal world GDP. The United Kingdom constitutes 2.3% of world GDP by purchasing power parity (PPP).
James Douglas Packer is an Australian billionaire businessman and investor. Packer is the son of Kerry Packer, a media mogul, and his wife, Roslyn Packer. He is the grandson of Sir Frank Packer. He inherited control of the family company, Consolidated Press Holdings Limited, as well as investments in Crown Resorts and other companies. He is the former executive chairman of Publishing and Broadcasting Limited (PBL) and Consolidated Media Holdings, which predominantly owned media interests across a range of platforms, and a former executive chairman of Crown Resorts.
The Sunday Times Rich List is a list of the 1,000 wealthiest people or families resident in the United Kingdom ranked by net wealth. The list is updated annually in April and has been published as a magazine supplement by British national Sunday newspaper The Sunday Times since 1989. The editorial decisions governing the compilation of the Rich List are published in the newspaper and online as its "Rules of engagement".
A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire. Many national currencies have, or have had at various times, a low unit value, in many cases due to past inflation. It is much easier and less significant to be a millionaire in those currencies, thus a millionaire in Hong Kong or Taiwan, for example, may be merely averagely wealthy, or perhaps less wealthy than average. A millionaire in Zimbabwe in 2007 could have been extremely poor. Because of this, the term 'millionaire' generally refers to those whose assets total at least one million units of a high-value currency, such as the United States dollar, euro, or pound sterling.
Lakshmi Niwas Mittal is Indian steel magnate, based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.
The distribution of wealth is a comparison of the wealth of various members or groups in a society. It shows one aspect of economic inequality or economic heterogeneity.
High-net-worth individual (HNWI) is a technical term used in the financial services industry to designate individuals who maintain liquid assets at or above a certain threshold. Typically, these individuals are defined as holding financial assets valued over US$1 million. A secondary level, a very-high-net-worth individual (VHNWI), references an individual with a net worth of at least US$5 million. The terminal level, an ultra-high-net-worthindividual (UHNWI) holds US$30 million in investible assets. Individuals with a net worth of over US$1 billion are considered to occupy a special bracket of the UHNWI. These thresholds are broadly used in studies of wealth inequality, government regulation, investment suitability requirements, marketing, financing standards, and general corporate strategy.
Gopichand Parmanand Hinduja is an Indian-British billionaire businessman controlling the Indian conglomerate Hinduja Group. For many years he was co-chairman with his brother Srichand "S. P." Hinduja who died in May 2023. He and his brother were frequently named among the wealthiest people in the UK and Asia, and in the Sunday Times Rich List 2024 ranking of the wealthiest people in the UK he was placed first with an estimated family fortune of £37 billion.
David Reuben and Simon Reuben are British businessmen. In 2024, they were named as the third richest family in the UK by the Sunday Times Rich List with a net worth of £24.9 billion.
The Sunday Times Rich List 2007 was published on 29 April 2007. The online edition was published on 30 April 2007.
The Financial Review Rich List, formerly known as the BRW Rich 200, is a list of Australia's two hundred wealthiest individuals and families, ranked by personal net worth published annually in The Australian Financial Review Magazine, a supplement of The Australian Financial Review, published by Nine Publishing. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed.
The Sunday Times Rich List 2009 was published on 26 April 2009.
The Sunday Times Rich List 2010 was published on 25 April 2010.
The finances of the British royal family come from a number of sources. The British government supports the monarch and some of his family financially by means of the Sovereign Grant, which is intended to meet the costs of the sovereign's official expenditures. This includes the costs of the upkeep of the various royal residences, staffing, travel and state visits, public engagements, and official entertainment. Other sources of income include revenues from the Duchies of Lancaster and Cornwall, income from assets of other trusts, income from private investments, and a parliamentary annuity.
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. Since its earliest inception, the Rich List has been widely previewed in the UK media and extensively covered on the day of publication.
The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.
Srichand Parmanand Hinduja was an Indian-born British billionaire businessman, investor, and philanthropist. He was the primary shareholder and chairman of Hinduja Group of companies. Together with his brother Gopichand.
The Sunday Times Rich List 2015 is the 27th annual survey of the wealthiest people resident in the United Kingdom, published by The Sunday Times on 26 April 2015.
The Financial Review Rich List 2021 is the 38th annual survey of the 200 wealthiest people resident in Australia, published by the Australian Financial Review on 27 May 2021.