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Mittal tops the list of wealthiest Britons

By Staff
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Google Oneindia News

London, Apr 26 (UNI) Steel tycoon Lakshmi N Mittal, 57, remains the richest man in Britain, according to the Sunday Times list of 2008 top ten wealthiest Britons.

Indian-origin Mittal has topped the list for the fourth consecutive year, while the Hinduja brothers, also from India are at fourth position.

Lakshmi Mittal and family, have been estimated to be worth 27,700 million pounds as against 1,925 million pounds last year. His world-leading steel company Arcelor Mittal produces 110m tonnes of steel, about 10 per cent of the market.

The second richest, according to the list is Russian oligarch Roman Abramovich, with a 11,700 million pounds fortune, followed by the Duke of Westminster, the richest property developer in Britain, having 7,000 million pounds.

The Hinduja brothers, at number four, are set to celebrate the 100th anniversary of their father's 6,200 million pounds industry and finance empire in 2014.

At the fifth spot is Alisher Usmanov, a former prosecutor in Uzbekistan, who has built his 5,726 million pounds fortune through steel and ore mines.

Next on the list are Hans Rausing and family, who helped develop the Tetra Pak, the shipping owner John Fredriksen, the retail millionaires Sir Philip and Lady Green, and David and Simon Reuben, who have been active in the British property market for a decade, after making their fortune in aluminium.

Kirsty Bertarelli is the highest placed woman, appearing at number six on the list, alongside her husband, the biotechnology tycoon Ernesto Bertarelli,42.

He is one of Switzerland's richest men with a 5,650 million pounds fortune earned from the family pharmaceutical company Serono.

Born in Rome, he now lives in Geneva with his wife and three children. He also owns the Swiss yachting syndicate Team Alinghi.

The full Times list of 1000 wealthiest is to be out tomorrow but the Daily Telegraph has leaked the list of top 10 on its website.

UNI XC RJ HT1947

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