Sunday Times Rich List 2011

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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]

Contents

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

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

The highest new entries to the Rich List in 2011 were Gopi and Sri Hinduja, whose share of their family business was estimated at £6  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

2011 [1] NameCitizenshipSource of wealth2010 [7]
Rank Net worth
£ bn
RankNet worth
£ bn
1 Steady2.svg£17.50 Decrease2.svg Lakshmi Mittal and familyFlag of India.svg  India Steel, co-owner of QPR FC1£22.45
2 Increase2.svg£12.40 Increase2.svg Alisher Usmanov Flag of Russia.svg  Russia Steel, mining and co-owner of Arsenal FC 6£4.70
3 Decrease2.svg£10.00 Increase2.svg Roman Abramovich Flag of Russia.svg  Russia Oil, industry, owner of Chelsea FC 2£7.40
4 Decrease2.svg£7.00 Increase2.svg The Duke of Westminster Flag of the United Kingdom.svg  United Kingdom Inheritance, land, property3£6.70
5 Decrease2.svg£6.80 Increase2.svg Ernesto and Kirsty Bertarelli Flag of Switzerland (Pantone).svg  Switzerland & Flag of the United Kingdom.svg  United Kingdom Pharmaceuticals4£5.95
6 Increase2.svg£6.24 Increase2.svg Leonard Blavatnik Flag of the United States (23px).png  United States Industry15£3.00
7 Increase2.svg£6.20 Increase2.svg John Fredriksen and familyFlag of Cyprus.svg  Cyprus Shipping16£2.75
8 Decrease2.svg£6.18 Increase2.svg David and Simon Reuben Flag of the United Kingdom.svg  United Kingdom Property5£5.53
9£6.00 Increase2.svg Gopi and Sri Hinduja Flag of India.svg  India Industry and financen/aunlisted
9 Decrease2.svg£6.00 Increase2.svg Galen Weston, George Weston and familyFlag of Canada (Pantone).svg  Canada Retailing (George Weston Limited)7£4.50
11Decrease2.svg£5.40 Increase2.svg Charlene de Carvalho-Heineken and Michel CarvalhoFlag of the Netherlands.svg  Netherlands [8] Inheritance, banking, brewing (Heineken)8£5.53
12£4.90 Ravi Ruia Flag of India.svg  India Energy (Essar Group)n/aunlisted

See also

Related Research Articles

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".

<span class="mw-page-title-main">Lakshmi Mittal</span> Indian steel magnate

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<span class="mw-page-title-main">Gopichand Hinduja</span> Indian businessman (born 1940)

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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 Sunday Times Rich List 2005 was published in April 2005.

The Sunday Times Rich List 2008 was published on 27 April 2008.

The Sunday Times Rich List 2009 was published on 26 April 2009.

The Sunday Times Rich List 2010 was published on 25 April 2010.

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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.

The Sunday Times Rich List 2014 was the 26th annual survey of the wealthiest people resident in the United Kingdom, published by The Sunday Times on 18 May 2014.

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The Sunday Times Rich List 2016 is the 28th annual survey of the wealthiest people resident in the United Kingdom, published by The Sunday Times on 24 April 2016. Long-term compiler Philip Beresford was joined by Robert Watts for the 2016 list.

The Sunday Times Rich List 2017 is the 29th annual survey of the wealthiest people resident in the United Kingdom, published by The Sunday Times on 7 May 2017.

The Sunday Times Rich List 2019 is the 31st annual survey of the wealthiest people resident in the United Kingdom, published by The Sunday Times on 12 May 2019.

The Sunday Times Rich List 2021 is the 33rd annual survey of the wealthiest people resident in the United Kingdom, published by The Sunday Times online on 21 May 2021.

The Sunday Times Rich List 2022 is the 34th annual survey of the wealthiest people resident in the United Kingdom, published by The Sunday Times online on 20 May 2022 and in print on 22 May 2022.

The Sunday Times Rich List 2023 is the 35th annual survey of the wealthiest people resident in the United Kingdom, published by The Sunday Times online on 19 May 2023 and in print on 21 May 2023.

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References

  1. 1 2 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.