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The New Top 5 Richest People in the United Kingdom.

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The New Top 5 Richest People in the United Kingdom.

The United Kingdom is one of the most expensive countries, so it might come as no surprise that it’s home to some of the world’s mega-rich. Of the 2,755 wealthiest people on the Forbes 2021 list, 56 of them are British. Many of these elite figures belong to famously wealthy British families who have run multinational companies for generations.

The UK has a partially regulated market economy. Based on market exchange rates, the UK is today the fifth-largest economy in the world and the second-largest in Europe after Germany. The UK service sector makes up around 79 percent of GDP. London is one of the world’s largest financial centers, ranking 2nd in the world, behind New York City, in the Global Financial Centres Index in 2020. London also has the largest city GDP in Europe.

Since the beginning of time, this great nation has been able to catapult into being the greatest in the industries that make a country grow. Impeccable individuals from the U.K have created corporations, industries, franchises, and have undertaken humanitarian purposes to capture the minds of the world.

In today’s article, we will take a look at the top 5 richest people in the U.K that have created their wealth through creating employment and rising above the challenges to be who they are now according to Forbes

Without wasting much time let’s dive in.

Rank Name of PersonalityEstimated Net Worth
#1Sir James Ratcliffe $17 billion
#2The Hinduja Brothers$14.9 billion
#3Michael Platt$13 billion
#4Sir James Dyson$9.7billion
#5Ian and Richard Livingstone$9.3 billion
The New Top 5 Richest People in the U.K

Sir James Ratcliffe

Sir James Ratcliffe is the richest man in the UK with an estimated net worth of $17 billion. As the founder, chairman, and majority owner of chemical powerhouse Ineos Group, he gained US$6 billion over the last year. Ratcliffe’s much-hyped move into the car market, with the Ineos Grenadier—the billionaire’s take on the beloved Land Rover Defender— is expected to go into production in late 2021.

The Hinduja Brothers

The brothers–-Srichand, Gopichand, Prakash and Ashok may have been surpassed by Ratcliffe for the top U.K. spot on the Forbes list this year, and they may be in dispute over ownership of a Geneva bank, but the four siblings are still $2 billion richer than they were last year, thanks to a diversified portfolio that includes trucks, lubricants, banking, and cable television.

Michael Platt

A former JP Morgan staffer, Platt has added an estimated $5 billion to his net worth over the year, thanks the stellar, 95% returns of his BlueCrest fund. The investor, who handed back clients’ money in 2015, has turned BlueCrest into a successful family office, which now employs over 500 and reported gains of 50% in 2016, 2017, and 2019, and 25% in 2018.

Sir James Dyson

The Brexiteer billionaire, who announced he was moving his business to Singapore in late 2019, enjoyed a good year: Dyson’s revenue rose more than 20% to $7.5 billion (£5.4 billion), helping push his net worth up by $3.8 billion on this year’s list. But while Dyson’s move into new product categories like hair straighteners, hairdryers, and air purifiers has been successful, one black spot came when the U.K. government rejected Dyson’s efforts to design and produce a hospital ventilator for use on NHS wards battling the first wave of Covid-19 admissions.

Ian and Richard Livingstone

The U.K. real estate billionaires carefully navigated the pandemic and subsequent lockdown, actually increasing their estimated net worth. The British brothers have one eye on the U.S.: in January they moved to acquire five Omni hotels. Their flagship real estate firm, London & Regional, now owns more than 45 Holiday Inn Express hotels in Europe.

You can also read more about the top richest people in the U.K on Forbes. You can also check out our list for the top 10 richest people in Kenya also here: georgeweb.org

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