Mittal tops British rich list again, Hindujas are fourthApril 26th, 2008 - 8:49 pm ICT by admin
London, April 26 (IANS) Indian steel tycoon Lakshmi Niwas Mittal has once again topped the Sunday Times Rich List - the definitive rundown of Britain’s wealthiest people. Mittal and the Hinduja brothers Srichand and Gopichand are the two Indian business conglomerates that dominated the list for 2008 in the midst of a global credit crunch.
The 57-year-old Mittal, worth an estimated 27.7 billion pounds, tops the list for the fourth year running. He was valued at 19.2 billion pounds in last year’s list.
His world-leading steel company ArcelorMittal produces 110 million tonnes of steel - about 10 percent of the market.
Russian oligarch Roman Abramovich, with a 11.7 billion pounds fortune, takes the second spot, followed by the Duke of Westminster - the richest property developer in Britain, worth 7 billion pounds.
Srichand and Gopichande Hinduja, who own the Hinduja industry and finance empire, are at number four. The group, worth 6.2 billion pound, was set up by their father in 1914.
Alisher Usmanov, a former prosecutor in Uzbekistan, appears at number five, having built his 5.7 billion pound fortune through steel and ore mines.
At number six are Ernesto Bertarelli, Swiss owner of the pharmaceutical company Serono, and his wife Kirsty, a former Miss United Kingdom.
Next on the list are Hans Rausing and family, who helped develop the Tetra Pak, shipping owner John Fredriksen, retail millionaires Sir Philip and Lady Green, and property tychoons David and Simon Reuben.
The Sunday Times list for 2008:
1. Lakshmi Mittal and family
2. Roman Abramovich
3. The Duke of Westminster
4. Sri and Gopi Hinduja
5. Alisher Usmanov
6. Ernesto and Kirsty Bertarelli
7. Hans Rausing and family
8. John Fredriksen
9. Sir Philip and Lady Green
10. David and Simon Reuben
- Lakshmi Mittal stays at top of UK's rich list, Anil Agarwal at 10th - Apr 25, 2010
- Steel tycoon Mital, Hinduja brothers in 2008 Sunday Times Rich List - Apr 26, 2008
- Man City owner overtakes steel tycoon Mittal again in football rich owners list - Oct 07, 2010
- UK's richest man Mittal lost 1.9 million pounds per hour last year - Apr 26, 2009
- Recession notwithstanding, Abramovich worth nearly 11 billion pounds - Feb 16, 2010
- Mittal tops Abramovich in worlds top 20 rich list - Jan 07, 2009
- Lakshmi Mittal replaces Mukesh Ambani as world's richest Indian - Mar 10, 2011
- Russia's richest tycoon names $100 mn Yacht after mother - Jun 01, 2012
- British billionaire 'lived with wife's body for four days' - Jul 12, 2012
- India's richest lost 20 percent of wealth: Forbes - Oct 27, 2011
- Mukesh Ambani richest among 48 Indian billionaires - Mar 08, 2012
- Blair met Mittal over Kazakhstan deal: Report - Oct 30, 2011
- Indian artist's house in London occupied by protesters - Jun 22, 2012
- Hinduja acquires Belgian private bank for Euro 1.35 billion - May 21, 2010
- Fifty Indians on Forbes' global billionaire club - Mar 10, 2011
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