How Does Your Bank Balance Compare to Britain's Richest?

By Gary Cutlack on at

The Sunday Times has released its 2015 Rich List, combining the inherited piles of the moneyed with the new wave of entrepreneur cash to reveal the wealthiest people in the UK.

There's a slight surprise in the top spot this year too, with Warner Music owner Len Blavatnik rising to the richest man position thanks to his £13.2bn estimated ISA balance. And we thought the music industry was dead. Blavatnik takes over from the Hinduja brothers who were the top capitalists back in 2014, not solely due to Warner but also thanks to his investments in mining and oil producers.

The rich have, fortunately for them, continued getting richer over the last decade, despite the global financial crisis that hurt many. The Sunday Times says the combined wealth of the top 1,000 fattest cats in the UK has more than doubled over the last 10 years, with the hard workers, inheritors and bonus bankers now worth a staggering £547bn in total.

Richard Branson's had a good year too, with the list estimating he's gone from having £3.6bn to £4.1bn over the last year. 80 of the billionaires on the list live in London, which explains why studio flats are so expensive to rent, plus there's bad news for the Queen -- who drops out of the top 300 for the first time. [BBC]

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