The UK now has a record number of billionaires with 177, in line with the brand new Sunday Times Rich List.

That’s up six from 2021 – and the mixed wealth of the UK’s billionaires stands at £653bn, up greater than £55bn (9.4%) on the whole wealth of the billionaires in final yr’s Rich List.

The London-based Hinduja brothers, Sri and Gopi, and household are the richest individuals within the UK with a £28bn fortune, which is up greater than £11bn on final yr.

It is the most important fortune recorded within the 34 years of publication of the Rich List.

Overall, the richest 250 individuals within the UK this yr are value £710.723bn, in comparison with £658.089 billion in 2021, an 8% rise on final yr.

Meanwhile, Rishi Sunak and Akshata Murty made the checklist for the primary time as their joint £730m fortune put them at number 222.

It comes after the Chancellor and his spouse’s funds have come underneath intense scrutiny in latest months.

Last month, it was revealed that Ms Murty had non-dom standing, which usually applies to somebody who was born abroad and spends a lot of their time within the UK however nonetheless considers one other nation to be their everlasting residence or “domicile”.

It has been estimated Ms Murty’s non-dom standing might have saved her £20 million in taxes on dividends from her shares in Infosys, an Indian IT firm based by her father.

She later agreed to pay international taxes on her UK revenue.

Chancellor of the Exchequer Rishi Sunak and his spouse Akshata Murthy

These are the 20 richest individuals within the UK:

Sri and Gopi Hinduja and household – £28.47bn

Sir James Dyson and household – £23bn

David and Simon Reuben and household – £22.26bn

Sir Leonard Blavatnik – £20bn

Guillaume Pousaz – £19.26bn

Lakshmi Mittal and household – £17bn

Christoph Henkel and household – £15bn

Guy, George, Alannah and Galen Weston and household – £13.5bn

Kirsten and Jorn Rausing – £12bn

Charlene de Carvalho-Heineken and Michel de Carvalho – £11.42bn

Michael Platt – £10bn

Alisher Usmanov – £10bn

The Duke of Westminster and the Grosvenor household – £9.73bn

Barnaby and Merlin Swire and household – £9.6bn

Marit, Lisbet, Sigrid and Hans Rausing – £9.49bn

Anil Agarwal – £9.2bn

Denise, John and Peter Coates – £8.64bn

John Fredriksen and household – £8.31bn

Mikhail Fridman – £8.22bn

Moshe Kantor – £8bn

Roman Abramovich
Roman Abramovich dropped from eighth to 28th in rankings

One notable absentee from the highest of the checklist is Roman Abramovich.

The former Chelsea proprietor slid from eighth to 28th in rankings after his funds plummeted from £12.2bn final yr to £6bn this yr following sanctions, the enforced sale of Chelsea and the sharp fall in his Evraz shares.

The newest rating of the 250 richest individuals in Britain additionally revealed a record 177 billionaires within the UK this yr, up from 2021.

It comes as typical UK households come underneath elevated monetary strain from inflation, which struck a 40-year-high of 9% in April.

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