Wednesday, 14 August 2013

Sunday Times Rich List: Alisher Usmanov is Britain's wealthiest man

Alisher Usmanov, the Russian industrialist who owns a 30 per cent stake in Arsenal Football Club, has been named Britain's wealthiest man in the Sunday Times rich list.
Alisher Usmanov - Alisher Usmanov blames Arsenal board for trophy drought since 2005
Mr Usmanov owns Sutton Place, the former Surrey home of the late oil baron J Paul Getty, as well as a £48 million mansion in north London. 
The 59-year-old is worth £13.3 billion, according to the list, which is published today.
His business empire, which started with the making of plastic bags, ranges from Metalloinvest, Russia's biggest iron ore producer, to a stake in mail.ru, the country's largest internet company, and a big holding in MegaFon, a mobile phone operator which listed on the London and Moscow stock markets last year.


Mr Usmanov owns Sutton Place, the former Surrey home of the late oil baron J Paul Getty, as well as a £48 million mansion in north London.
Lakshmi Mittal, who spent eight years at the top of the list, has dropped down to fourth. The steel magnate, now worth £10 billion, is the biggest faller in wealth terms.
The 40pc stake Mr Mittal and his wife Usha hold in the steelmaking giant ArcelorMittal has plummeted from £28 billion at its peak to £5.95 billion.
The highest placed UK-born person is the Duke of Westminster, who is worth £7.8 billion and ranked eighth.
In second place is Russian-born Len Blavatnik, whose rise in wealth from £3.4 billion last year to £11 billion this year, makes him the highest riser in wealth terms.
Mr Blavatnik owns Warner Music, and received £2 billion last month for his stake in TNK-BP.
Russians occupy three of the top five places. Roman Abramovich, the Chelsea FC owner, is in fifth place with a £9.3bn fortune.
The number of billionaires in the UK has increased ten-fold since the Sunday Times Rich List was first published in 1989, shooting from nine to 88. There were 77 last year.
According to the list, the 1,000 richest people in Britain have wealth totalling almost £450 billion.
A record number of women have made it onto this year’s Sunday Times Rich List, headed by former Miss UK Kirsty Bertarelli.
The combined wealth of the top 200 people is £318.2 billion, a more than eightfold rise on the £38 billion for the combined wealth of the 200 people featured in the first list.
In 1989, the Queen topped the list with total wealth of £5,200 million. This valuation included all the Crown Estates and the royal art collection. In later years, the Queen has been valued solely on her personal wealth and no longer topped the list after 1993.

Sunday Times Rich List top 20: (fortunes include family wealth)
2013 rank (2012 rank)/ name/ source of wealth/ 2013 wealth (2012 wealth)
1. (2) Alisher Usmanov, mining and investment, £13,300m (£12,315m)
2. (5) Len Blavatnik, investment, music and media, £11,000m (£7,580m)
3. (4) Sri and Gopi Hinduja, industry and finance, £10,600m (£8,600m)
4. (1) Lakshmi Mittal and family, steel, £10,000m (£12,700m)
5. (3) Roman Abramovich, oil and industry, £9,300m (£9,500m)
6. (9), John Fredriksen and family, shipping and oil services, £8,800m (£6,600m)
7. (8) David and Simon Reuben, property and internet, £8,281m (£7,083m)
8. (7) The Duke of Westminster, property, £7,800m (£7,350m)
9. (6) Ernesto and Kirsty Bertarelli, pharmaceuticals, £7,400m (£7,400m)
10. (11) Charlene and Michel de Carvalho, inheritance, brewing and banking, £7,000m (£5,490m)
11. (10) Galen and George Weston and family, retailing, £6,650m (£5,900m)
12. (15) Kirsten and Jorn Rausing, inheritance and investment, £5,109m (£3,900m)
13.(12) Hans Rausing and family, packaging, ££4,720m (£4,300m)
14.(13) Joseph Lau, property, £4,600m (£4,140m)
15, (new) Mohamed Bin Issa Al Jaber and family, hotels, food and industry, £4,515m
16, (17=) Sir Philip and Lady Green, retailing, £3,880m (£3,300m)
17. (14) Nicky Oppenheimer, diamonds and mining, £3,785m (£4,050m)
18. (19) Earl Cadogan and family, property, £3,675m (£3,225m)
19. (16) Sir Richard Branson and family, transport and finance and fitness clubs, £3,514m (£3,410m)
20. (21) Joe Lewis, foreign exchange and investment, £3,200m (£3,000m)

Here are the 20 richest people in 1989, according to the Sunday Times Rich List:
Rank, name, source of wealth, 1989 wealth
1. The Queen, head of state, £5,200m
2. The Duke of Westminster, landowner, £3,200m
3. Lord (John) Sainsbury and family, retailing, £1,967m
4. Gad and Hans Rausing, food packaging, £1,900m
5= Sir John Moores, football pools, £1,700m
5= Garfield Weston, food production, £1,700m
7= John Paul Getty II, oil, £1,200m
7= Lord Edmund Vestey, food production, £1,200m
9. Octav Botnar, car dealing, £1,000m
10. Sir James Goldsmith, finance, £750m
11. Robert Maxwell, publishing, £675m
12= Gerald Ronson, property and petrol stations, £500m
12= John and Sir Adrian Swire, shipping, £500m
14. The Earl of Cadogan, landowner, £450m
15. Alan Sugar, computers, £432m
16. Viscount Cowdray, finance, £360m
17= Lord Cayzer, finance and shipping, £350m
17= Viscount Portman, landowner, £350m
19. David Thompson, food processing and property, £335m
20= Joe Bamford, construction equipment, £300m
20= Sighismund Berger, property, £300m
20= The Duke of Buccleuch, landowner, £300m

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