Getty Photographs, EPA, AP
The household behind Europe’s largest steelmaker has misplaced greater than £2bn prior to now yr, the annual Sunday Occasions Wealthy Record has revealed.
Lakshmi Mittal, proprietor of ArcelorMittal, who held the highest slot in 2008 with £27.7bn now has a fortune of £7.12bn and is quantity eleven on this yr’s listing.
The variety of London billionaires fell for the primary time because the monetary crash – from eighty in 2015 to seventy seven.
There are additionally a report one hundred twenty five ladies on this yr’s prime 1,000 listing.
On the prime of the 2016 information to Britain and Eire’s richest individuals are property tycoons the Reuben brothers, house owners of London’s Millbank Tower and the John Lewis headquarters, who’ve a fortune of £thirteen.1bn.
Mumbai-born David and Simon Reuben, who additionally personal London Oxford Airport and London Heliport, have elevated their fortune by £three.4bn up to now yr.
Others on the record embrace:
Making it onto the Wealthy Record in any respect requires a minimum of £103m.
Brothers Sri and Gopi Hinduja, who run the Hinduja Group, stay in second place a yr on with an unchanged fortune of £13bn.
Finishing the highest three is Warner Music proprietor Len Blavatnik, who has £eleven.59bn. He has dropped two locations after a discount in wealth by £1.58bn.
The Mittals’ earlier huge wealth of £27.7bn was the most important fortune achieved by anybody on the listing earlier than or since.
Earlier this month it was reported that ArcelorMittal board member Wilbur Ross might be amongst buyers anticipated to be contacted about shopping for a few of Tata’s enterprise pursuits within the UK.
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