UK’s rich get richer as fortunes grow by 15 pc | business | Hindustan Times
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UK’s rich get richer as fortunes grow by 15 pc

business Updated: Apr 28, 2008 04:45 IST
Vijay Dutt
Vijay Dutt
Hindustan Times
Highlight Story

While Laxmi Niwas Mittal predictably remains at the top of The Sunday Times list of Britain's richest 1000 people for the fourth year running, a host of new, hitherto unknown Asian names — most of them Indians — have also made it to the rarefied list this year

Mittal's fortune has risen by 44 per cent over the past year — from £19.25 billion to £27.7 billion. He heads the sub-list of 20 biggest 'risers' as well —those whose net worth swelled the maximum in the past year. But Anil Aggarwal of Vedanta figures third on this list too, while online casino wizard Anurag Dikshit stands 18th.

Some NRI women too are raking in the moolah. Five Indian women figure in the sub-list of 100 wealthiest women in Britain: Meena Pathak, with her formidable food industry, Varsha Engineer, who is into pharmaceuticals, Pratibha Sachdev, who runs a string of swanky nursing homes, Baljinder Singh with her vast poultry business, and Rita Sharma, a travel millionaire.

All but one of the 10 richest Asians in the Sunday Times list are of Indian origin. Mittal naturally heads this list too, followed by Gopichand and Srichand Hinduja in second place, and Anil Agarwal in third. New entrants include Tom Singh, making waves in the fashion industry, Gulu Lalwani, surging ahead in consumer electronics and a name to which Indians need no introduction — Naresh Goyal.

In the 100 Richest Young People category are to be found four Indians: Parminder Basi, 28 and Richa Murgai, 29, both of whom are in the mobile phone business; Neel Chawla, 21, in the country club business, and Kavineet Dhanda, 29, who is into beverages.

Worldwide, Mukesh and Anil Ambani with £43 billion as against £19.6 billion last year, top the list of 50 richest in the world, followed by the Walton family with £38.4 billion a drop from $£42.6 billion last year. Lakshmi Mittal is at the sixth, KP Singh with £15 billion is at 14th, and at 49th is Ravi and Shashi Ruia with £7.5 billion.