The Sunday Times Rich List 2008 was published on 27 April 2008. [1]
Since 1989 the UK national Sunday newspaper The Sunday Times (sister paper to The Times ) has published an annual magazine supplement to the newspaper called the Sunday Times Rich List . The list is based on an estimate of the minimum wealth of the richest 1,000 people or families in the United Kingdom as of January of that year, and is compiled by Dr Philip Beresford.
A separate section lists the 250 richest Irish, including both Northern Ireland and the Republic of Ireland.
The list was previewed on ITV1 on 24 April 2008 in Britain's Rich List: Giving It Away, presented by millionaire Duncan Bannatyne. [2]
As in previous years, the List was widely covered in other UK media on the day of its publication; The Daily Telegraph, for example, noted that "Kirsty Bertarelli, a former Miss United Kingdom from Staffordshire, is the highest placed woman, appearing at number six on the list alongside her husband, the biotechnology tycoon Ernesto Bertarelli." [3]
The top four places in the List were unchanged from the previous year. Only six of the top 20 were born in Britain. [1]
Among the most notable changes were three new names on the List entering in the top 12: Alisher Usmanov, Leonard Blavatnik, both Russian entrepreneurs with homes in London, and Ernesto Bertarelli.
2008 [1] | Name | Citizenship | Source of wealth | 2007 [4] | ||
---|---|---|---|---|---|---|
Rank | Net worth £ bn | Rank | Net worth £ bn | |||
1 | £27.70 | Lakshmi Mittal | India | Steel | 1 | £19.25 |
2 | £11.70 | Roman Abramovich | Russia | Oil, industry | 2 | £10.80 |
3 | £7.00 | The Duke of Westminster | United Kingdom | Property | 3 | £7.00 |
4 | £6.20 | Srichand and Gopichand Hinduja | Industry and finance | 4 | £6.20 | |
5 | £5.73 | Alisher Usmanov | Steel and mining | n/a | not listed | |
6 | £5.65 | Ernesto and Kirsty Bertarelli | Pharmaceuticals | n/a | not listed | |
7 | £5.40 | Hans Rausing | Food packaging | 6 | £5.40 | |
8 | £4.65 | John Fredriksen | Shipping | 8 | £3.50 | |
9 | £4.33 | Sir Philip Green | United Kingdom | Retailing | 7 | £4.90 |
10 | £4.30 | David and Simon Reuben | Property | 8 | £3.49 | |
11 | £3.97 | Leonard Blavatnik | Industry | n/a | not listed | |
12 | £3.73 | Seán Quinn | Quarrying, property, insurance | 12 | £3.05 |
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".
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.
Sir Philip Nigel Ross Green is a British businessman who was the chairman of the retail company Arcadia Group. He owned the high street clothing retailers Topshop, Topman, and Miss Selfridge from 2002 to 2020. In May 2023, his net worth was estimated by the Sunday Times Rich List to be £910 million.
Ernesto Silvio Maurizio Bertarelli is an Italian-born Swiss billionaire businessman and philanthropist.
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Kirsty Bertarelli is a British songwriter and beauty pageant titleholder who won Miss United Kingdom 1988 and represented her country at Miss World 1988 and placed 2nd Runner-up, she is former wife of Ernesto Bertarelli an Italian-Swiss businessman who was the owner of biotech giant Serono until 2007 and winner of the America's Cup in 2003 and 2007 with his yachting syndicate Alinghi.
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