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News 2011
News ->Lakshmi Mittal tops Britain's Rich List 2011

Lakshmi Mittal tops Britain's Rich List 2011
8th May 2011

Lakshmi MittalLakshmi Mittal has once again topped The Sunday Times Rich List published on 8th May 2011 with a fortune of £17.51 billion, which is 22% below that of last year. Compiled by Philip Beresford, the list notes that fortunes in Britain are soaring as the world recovers from the 2008-09 crash. As a result, the collective wealth of the 1,000 multimillionaires in the 2011 Sunday Times Rich List has climbed by 18% overall with the super rich gaining £60.2 billion in total. They are now worth £395.8 billion compared to £335.5 billion last year and "within striking distance of their all-time pre-recession high of £413 billion set in 2008". The increasing level of wealth has made the bottom line for entry into the list £70 million, up £7million from last year.


Sri & Gopichand Hinduja have made a re-entry into Britain Top Ten rich with an estimated fortune of £6 billion and Sri Prakash Lohia is at number 13 of the 'Biggest Risers' in the Rich List have jumped 71 places. Lohia is one of three brothers running Indorama, a textile and plastics business, putting his wealth at an estimated £1.3i billion. Ironically, Lohia is married to the sister of Lakshmi Mittal.

"The wealthy must do more for the society, or they will provoke public anger of the kind that is currently directed towards bankers" states the Rich List and thankfully Indian Anurag Dikshit has taken heed. He has topped the 'Giving List' with £172 million from share sales in his partygaming business being donated to The Kusuma Trust. The trust, founded by Dikshit, is dedicated to educational and social causes, particularly in India. "His residual wealth has plunged to £35m indicting that, in the past year, he has donated almost five times what he still has".

Although the 'Asian Rich List' was not specifically published this year, the Sunday Times does list Britain's 20 Richest Asian Millionaires.

Britain's 20 Richest Asian Millionaires

No Name Worth Sector
1 Lakshmi Mittal & family
£17,514m
Steel
2 Gopi & Sri Hinduja
£6,000m
Industry & Finance
3 Ravi Ruia
£4,900m
Energy
4 Anil Agarwal
£3,810m
Mining
5 Sri Prakash Lohia
£1,310m
Textiles & Plastics
6 Ajay Kalsi & family
£1,140m
Gas
7 Lord Paul & family
£850m
Industry
8 The Jatania Brothers
£700m
Toiletries
9 Yusuf Hamied
£687m
Pharmaceuticals
10 Sir Anwar Pervez & family
£550m
Cash and carry
11 Bhikhu & Vijay Patel
£485m
Pharmaceuticals
12 Naresh Goyal & family
£445m
Aviation
13 Felix Grovit
£430m
Foreign Exchange
14 Jasminder Singh & family
£415m
Hotels
15 Navin & Varsha Engineer
£400m
Pharmaceuticals
16 Ramesh & Pratibha Sachdev
£400m
Care Homes
17 Tom Singh & family
£400m
Fashion
18 Simon, Bobby & Robin Arora
£343
Discount Stores
19 Ranjit & Baljinder Boparan
£275m
Food
20 Surinder Arora & family
£249m
Hotels

* Source The Sunday Times Rich List 2011.

Visit www.thesundaytimes.co.uk/richlist (Subscription Required) for the full list.

ASIAN RICH LIST ARCHIVE

Click here for the Asian Rich List 2010.
Click here for the Asian Rich List 2009.
Click here for the Asian Rich List 2008.
Click here for the Asian Rich List 2007.
Click here for the Asian Rich List 2006.
Click here for the Asian Rich List 2005.
Click here for the Asian Rich List 2004.
Click here for the Asian Rich List 2003.
Click here for the Asian Rich List 2002.
Click here for the Asian Rich List 2001.

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