Sunday Times Rich List 2013

Sunday Times Rich List 2013
Palau by Julian Cohen. Why?

Sunday Times Rich List 2013

According To The Sunday Times Rich List 2013

The UK's 1,000 richest residents have total wealth of £450 billion. Staggeringly, you'll need more than £75 million just to get onto this list.

"Someday, I want to be rich. Some people get so rich, they lose all respect for humanity. That's how rich I want to be."
Amercian comedienne Rita Rudner

"Let me tell you about the very rich. They are different from you and me. They possess and enjoy early, and it does something to them, makes them soft, where we are hard, cynical where we are trustful, in a way that, unless you were born rich, it is very difficult to understand."
F Scott Fitzgerald in his short story 'The Rich Boy'

The table below shows the UK's Top 20 richest people in 2013, how they made their wealth, and what they're worth.

Alisher Usmanov
Mining, Investment
£13.3 billion
Len Blavatnik
Investment, Music, Media
£11.0 billion
Sri and Gopi Hinduja
Industry, Finance
£10.6 billion
Lakshmi Mittal and Family
Steel
£10.0 billion
Roman Abramovich
Oil, Industry
£9.3 billion
John Fredriksen and Family
Shipping, Oil Services
£8.8 billion
David and Simon Reuben
Property, Internet
£8.3 billion
The Duke of Westminster
Property
£7.8 billion
Ernesto and Kirsty Bertarelli
Pharmaceuticals
£7.4 billion
Charlene and Michel de Carvalho
Inheritance, Brewing, Banking
£7.0 billion
Galen and George Weston and Family
Retailing
£6.7 billion
Kirsten and Jorn Rausing
Inheritance, Investment
£5.1 billion
Hans Rausing and Family
Packing
£4.7 billion
Joseph Lau
Property
£4.6 billion
Mohamed Bin Issa Al Jaber and Family
Hotels, Food, Industry
£4.5 billion
Sir Philip and Lady Green
Retailing
£3.9 billion
Nicky Oppenheimer
Diamonds, Mining
£3.8 billion
Earl Cadogan and Family
Property
£3.7 billion
Sir Richard Branson and Family
Transport, Finance, Fitness Clubs
£3.5 billion
Joe Lewis
Foreign Exchange, Investment
£3.2 billion

An Interesting History Lesson On Wealth

If you look back 25 years to the very first Sunday Times Rich List in 1989, there are many different names.

Two that feature in both lists are The Duke of Westminster and The Earl of Cadogan. They're both massive property owners and their wealth has grown consistently over the years. Throughout history, property has performed well over longer periods, and this is perfectly in line with most people's primary requirement for their pensions.

Interestingly, The Duke of Westminster is the only person to have featured in the Top 10 in every one of the 25 years the Sunday Times has been compiling its list.

The table below shows the UK's Top 20 richest people in 1989, how they made their wealth, and what they were worth.

The Queen
Head of State
£5.2 billion
The Duke of Westminster
Property
£3.2 billion
Lord (John) Sainsbury and Family
Retailing
£2.0 billion
Gad and Hans Rausing
Food Packaging
£1.9 billion
Sir John Moores
Football Pools
£1.7 billion
Garfield Weston
Food Production
£1.7 billion
John Paul Getty II
Oil
£1.2 billion
Lord Edmund Vestey
Food Production
£1.2 billion
Octav Botnar
Car Dealing
£1.0 billion
Sir James Goldsmith
Finance
£750 million
Robert Maxwell
Publishing
£675 million
Gerald Ronson
Property, Petrol Stations
£500 million
John and Sir Adrian Swire
Shipping
£500 million
The Earl of Cadogan
Property
£450 million
Alan Sugar
Computers
£432 million
Viscount Cowdray
Finance
£360 million
Lord Cayzer
Finance, Shipping
£350 million
Viscount Portman
Property
£350 million
David Thompson
Food Processing, Property
£335 million
The Duke of Buccleuch
Property
£300 million

We're Doing Well, But Not That Well!

Whilst the UK's richest people are "doing very nicely, thank you", they hardly feature on the world stage.  The Forbes List of Billionaires in 2013 shows that Alisher Usmanov, the UK's richest person, only makes 34th place in the world.

The Forbes List of Billionaires in 2013

The table below shows the world's richest people in 2013, how they made their wealth, and what they are worth.

Carlos Slim Helu and Family
Telecoms
$73 billion
Bill Gates
Microsoft
$67 billion
Amancio Ortega
Zara
$57 billion
Warren Buffett
Berkshire Hathaway
$53.5 billion
Larry Ellison
Oracle
$43 billion
Charles Koch
Diversified
$34 billion
David Koch
Diversified
$34 billion
Li Ka-shing
Diversified
$31 billion
Liliane Bettencourt and Family
L’Oreal
$30 billion
Bernard Arnault and Family
LVMH
$29 billion
Christy Walton and Family
Wal-Mart
$28.2 billion
Stefan Persson
H&M
$28 billion
Michael Bloomberg
Bloomberg LP
$27 billion
Jim Walton
Wal-Mart
$26.7 billion
Sheldon Adelson
Casinos
$26.5 billion
Alice Walton
Wal-Mart
$26.3 billion
S. Robson Walton
Wal-Mart
$26.1 billion
Karl Albrecht
Aldi
$26 billion
Jeff Bezos
Amazon
$25.2 billion
Larry Page
Google
$23 billion

Please Share This

If you’ve found this page of interest, please would you kindly send a link to it to your friends and colleagues using the buttons below.  You’ll be helping us out, and they might appreciate it too.  Thanks, it's much appreciated.

Share on LinkedInShare on FacebookTweet about this on TwitterShare on Google+Email this to someone
 

AJ Bell Is The Best Value SIPP For Stockmarket Assets

That's our opinion.  Not just because AJ Bell was the first company to offer an online SIPP.  Nor that it's received many prestigious awards.  And not even because the wife of SIPPclub's Founder has an AJ Bell SIPP.  It's because it's one of the most competitive stockmarket SIPPs on the market. 

Over time, charges can wipe out a huge part of your fund.  We like AJ Bell because there are no set-up costs.  If you hold passive funds, which is our preference, or shares, investment trusts, EFTs, gilts or bonds, you pay one small fixed fee no matter how large your fund.  And when you come to draw your benefits either as occasional drawdown or UFPLS payments, there's a small charge for the whole year no matter how many times you access your money (many SIPP and SSAS providers charge more than this for each payment).

Visit AJ Bell

Get SIPP And SSAS Insights Direct To Your Inbox every Monday (It's FREE!)



IMPORTANT NOTE: NOTHING FEATURED ON SIPPclub IS EITHER AN IMPLIED OR A SPECIFIC RECOMMENDATION TO MAKE, OR TO REFRAIN FROM MAKING A FINANCIAL DECISION.  THIS PAGE HAS NOT BEEN APPROVED AS A FINANCIAL PROMOTION.

As SIPPclub neither advises on, nor arranges, nor recommends specific investments or strategies, we're unable to say whether a SIPP or SSAS or any investment within it is right for you. Ultimately, it’s your money and your decision, and you should only proceed once you're satisfied you've undertaken sufficient due diligence. If you need advice, you should speak to your trusted adviser, or you could find a local adviser from Unbiased.co.uk.  Alternatively, we'd be pleased to introduce to a suitably qualified independent financial adviser.

Please read our full Terms which includes criteria for SIPPclub membership.