Mittal Britain's richest person again:Times
Steel tycoon Lakshmi Mittal is again listed as Britain's richest person, with a fortune of more than 14.8 billion pounds ($26.5 billion).india Updated: Apr 23, 2006 10:22 IST
Steel tycoon Lakshmi Mittal is again listed as Britain's richest person, with a fortune of more than 14.8 billion pounds ($26.5 billion).
The Sunday Times newspaper profiled the richest 1,000 people in the country in a 104-page supplement. It was the Times' 18th annual listing of the country's wealthiest people.
The top five remained unchanged from last year, but their fortunes did not: Four of the top five were even wealthier than they had been in 2005, the newspaper reported.
The Indian-born Mittal, whose Mittal Steel is the world's largest steelmaker, was again followed by Roman Abramovich, another foreign-born tycoon.
The paper says Abramovich's wealth has rocketed from 7.5 billion pounds ($13.4 billion) to 10.8 billion pounds ($19.2 billion) because of the sale of Sibneft, a Russian oil business. Abramovich is best-known in Britain as the free-spending owner of the Chelsea Football Club.
The Duke of Westminster, who owns huge swaths of land in central London and other parts of the country, remains in third position, with a fortune of 6.6 billion pounds ($11.8 billion). His bank balance rose by more than a billion pounds ($1.8 billion) over last year, the newspaper said.
Queen Elizabeth II, who celebrated her 80th birthday on Friday, is 192nd on the Times' list, with a 300 million pound ($535 million) fortune.