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Sunday Times: Idan Ofer and Teddy Sagi Among Britain’s 50 richest people

Among top 10 there are four Jewish billionaires: David and Simon Ruben, Len Blavatnik, Roman Abramovich, and Mikhail Fridman. Sir Philip Green is no longer a billionaire

Four Jewish billionaires rank at top 10 richest people in Britain: David and Simon Reuben, Len Blavatnik, Roman Abramovich, and Mikhail Fridman.  Falling £1.05 billion in a year to £950 million, Sir Philip Green is no longer a billionaire, according to the Sunday Times annual Rich List.

Two Israeli citizens, Idan Ofer, and Teddy Sagi are among the 50 wealthiest people in Britain. Ofer climbed seven places compared to last year’s ranking and came in 43rd place with an estimated £3.5 billion in the capital. Sagi climbed five places to 47th place with an estimated £3.07 billion.

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The Hinduja brothers, Gopichand and Srichand, were re-named the wealthiest people in Britain. The industrialists, who are born in India and live in London, have a capital estimated at £22 billion – £1.35 billion more than last year.

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The brothers bypassed British businessman Sir Jim Ratcliffe in the first-place fight. The controversial chemicals entrepreneur and manager of Ineos, which heads the effort to develop the UK’s fracking refractory industry, fell to third place with £18.1 billion in the capital, down £2.9 billion from a year ago.

Second place came from brothers David and Simon Reuben, real estate developers, whose net worth is estimated by the Sunday Times at £18.6 billion, up £3.5 billion from last year, while Russian-born businessman Len Blavatnik ranked fourth with £14.8 billion dollars pound.

Inventor James Dyson was crowned the biggest winner of the year after his wealth increased by £3.1 billion to £12.6 billion, a jump that sent him from 12th to fifth place.
The richest woman in the UK is Sigrid Rausing, the granddaughter of the man who invented the Tetra Pak bags. It is reported to be worth £12 billion and is in sixth place. The brewery heiress Charlene de Carvalho-Heineken who lives in London is in seventh place with £12 billion in the capital.

Arsenal shareholder Alisher Usmanov, whose fortune came from mining and finance, is eighth with £11.3 billion, and just under ninth place is his former rival and owner of the Chelsea football club, Roman Abramovich, with £11.2 billion. Russian businessman Mikhail Fridman entered the top ten this year and is in tenth place with £10.69 billion in the capital.

According to the rating, Sir Philip Green lost his position as a billionaire after his fortune was cut in half by a black hole in his Arcadia empire. Thus, the Sunday Times’s rich rating estimated Green’s current fortune at only £950 million.

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