Russian magnate tops UK rich list
(Agencies)
Updated: 2004-04-19 09:33

Russian oil magnate Roman Abramovich is the richest person in Britain, according to a newspaper-compiled wealth list released Sunday.

Abramovich, who moved to Britain last year after purchasing London's Chelsea soccer team, is worth ￡7.5 billion ($13.8 billion), The Sunday Times reported.

Russian oil magnate Roman Abramovich worth ￡7.5 billion, newspaper says. [AP/File]

The newspaper said his vast fortune, generated from shareholdings in oil, aluminum and pharmaceuticals companies, had knocked the Duke of Westminster into second place on the "Rich List."

The duke, who owns huge swaths of land in central London and elsewhere, is worth ￡5 billion ($9.2 billion), according to the survey.

Hans Rausing, the Swedish-born Tetrapak billionaire, was third in the list with a fortune valued at ￡4.95 billion ($9.1 billion), followed by British retailer Philip Green with ￡3.61 billion ($6.6 billion).

According to the survey, the combined wealth of Britain's richest 1,000 people has jumped from ￡155.86 billion ($286.78 billion) in 2003 to ￡202.42 billion ($372.45 billion) this year, a record 30 percent increase.

Rounding out The Sunday Times' top 10:

5. Lakshmi Mittal, steel, ￡3.5 billion ($6.4 billion)

6. Richard Branson, Virgin, ￡2.6 billion ($4.78 billion)

7. Kirsten and Jorn Rausing, inheritance, investments, ￡2.575 billion ($4.73 billion)

8. Bernie and Slavica Ecclestone, Formula One, ￡2.323 billion ($4.27 billion)

9. Charlene and Michel De Carvalho, Heineken, ￡2.26 billion ($4.15 billion)

10. David and Simon Reuben, property, metal, ￡2.2 billion ($4.04 billion)

Close

Today's Top News     Top World News
Renminbi interest rate to remain unchanged         Rocket blasts small satellites into space         Experts optimistic about grain output         Chongqing gas leak controlled; nine dead         Spain pulls from Iraq, 10 US troops killed         Eager Guangzhou eyes 2010 Asian Games	Russian magnate tops UK rich list       Hamas pledges revenge, names secret leader       Zapatero orders Spanish pullout from Iraq       Kerry attacks Bush on foreign policy       Hamas leader killed in Israeli strike       3 UN police die in Kosovo jail shootout