The UK continues to host some of the world’s wealthiest families, whose fortunes span a diverse range of industries. Here’s a detailed look at the top 10 richest families in the UK in 2024, according to The Times.
Who are the richest families in the UK in 2024?
1. Gopi Hinduja and Family – £37.196bn
- Industry and Finance: Hinduja Group
The Hinduja family, originally from India, has built a vast conglomerate, the Hinduja Group, which operates in sectors including banking, finance, media, and energy. The family business was founded by Parmanand Deepchand Hinduja in 1914, and it has grown to employ around 200,000 people worldwide. The patriarch, Srichand Hinduja, recently passed away, leaving Gopi Hinduja to lead the family’s business operations.
2. Sir Leonard Blavatnik – £29.246bn
- Investment, Music, and Media: Access Industries
Leonard Blavatnik, a Ukrainian-born business magnate, moved to the United States in the late 1970s. He founded Access Industries, which has investments in various sectors, particularly media and music. Blavatnik is well known for his acquisition of Warner Music Group, which he bought in 2011 and later took public in 2020. His philanthropic efforts are also notable, with significant donations to educational institutions and cultural organizations.
3. David and Simon Reuben and Family – £24.977bn
- Property and Internet: Reuben Brothers
David and Simon Reuben, born in Mumbai to Iraqi-Jewish parents, moved to the UK in the 1950s. They initially made their fortune in the aluminum industry before shifting their focus to property and technology. The Reuben Brothers’ portfolio includes substantial real estate investments, private equity holdings, and interests in racecourses and greyhound stadia across the UK.
4. Sir Jim Ratcliffe – £23.519bn
- Chemicals: Ineos Group
Sir Jim Ratcliffe, born in Manchester, is the founder and chairman of Ineos, a multinational chemicals company established in 1998. Ratcliffe’s business acumen and aggressive acquisition strategy have propelled Ineos to become one of the world’s largest chemical companies. Ratcliffe is also known for his interest in sports, including his bid to take over Manchester United and his ownership of the professional cycling team, Ineos Grenadiers.
5. Sir James Dyson and Family – £20.8bn
- Technology: Dyson Group
Sir James Dyson, an English inventor, revolutionized household appliances with his invention of the bagless vacuum cleaner in the 1970s. The Dyson Group, which he founded, has since expanded its product range to include bladeless fans, hand dryers, and hair dryers. Dyson’s emphasis on innovation and design has made his products household staples worldwide. His family, including his wife and children, remain closely involved in the business.
6. Idan Ofer – £14.96bn
- Shipping and Industry: Israel Corp
Idan Ofer, an Israeli businessman, has extensive interests in shipping and natural resources through Israel Corp, one of the largest holding companies in Israel. Ofer’s family has a long history in the shipping industry, and his ventures include a significant stake in the quantum shipping company ZIM Integrated Shipping Services and energy companies like Pacific Drilling.
7. Lakshmi Mittal and Family – £14.921bn
- Steel: ArcelorMittal
Lakshmi Mittal, originally from India, is the chairman and CEO of ArcelorMittal, the world’s largest steel manufacturer. The Mittal family has long been associated with the steel industry, and Lakshmi Mittal’s strategic leadership has expanded the company’s global footprint. The family resides in London, and their holdings include several high-value properties in the city.
8. Guy, George, Alannah, and Galen Weston Jr and Family – £14.493bn
- Retail: Primark
The Weston family, originally from Canada, has a significant presence in the retail sector through their ownership of Associated British Foods, which includes Primark. The family has been involved in retail for generations, starting with George Weston, who founded the family business in 1882. Today, Galen Weston Jr. leads the family’s retail operations, continuing the legacy of growth and innovation.
9. John Fredriksen and Family – £12.867bn
- Shipping and Oil Services
John Fredriksen, a Norwegian-born shipping magnate, has built a substantial fortune in shipping and oil services. His company, Frontline Ltd., is one of the world’s largest oil tanker shipping companies. Fredriksen also has significant investments in offshore drilling and seafood production. Despite his Norwegian origins, Fredriksen has been a Cypriot citizen since 2006 due to favorable tax laws.
10. Kirsten and Jorn Rausing – £12.634bn
- Inheritance and Investment: Tetra Laval
The Rausing family fortune originates from the packaging company Tetra Pak, founded by Ruben Rausing in 1943. Kirsten Rausing and her brother Jorn are heirs to this vast fortune, and they continue to invest in various sectors, including real estate and horse breeding. The family is also known for their philanthropic activities, supporting numerous cultural and educational causes.
Top 100 Richest People in the UK in 2024
| Rank | Name | Worth |
|---|---|---|
| 1 | Gopi Hinduja and family | £37.196bn |
| 2 | Sir Leonard Blavatnik | £29.246bn |
| 3 | David and Simon Reuben and family | £24.977bn |
| 4 | Sir Jim Ratcliffe | £23.519bn |
| 5 | Sir James Dyson and family | £20.8bn |
| 6 | Idan Ofer | £14.96bn |
| 7 | Lakshmi Mittal and family | £14.921bn |
| 8 | Guy, George, Alannah and Galen Weston Jr and family | £14.493bn |
| 9 | John Fredriksen and family | £12.867bn |
| 10 | Kirsten and Jorn Rausing | £12.634bn |
| 11 | Alex Gerko | £12.055bn |
| 12 | Michael Platt | £12bn |
| 13 | Charlene de Carvalho-Heineken and Michel de Carvalho | £11.751bn |
| 14 | The Duke of Westminster and the Grosvenor family | £10.127bn |
| 15 | Barnaby and Merlin Swire and family | £9.986bn |
| 16 | Marit, Lisbet, Sigrid and Hans Rausing | £9.188bn |
| 17 | Carrie and François Perrodo and family | £9.168bn |
| 18 | Nicky Oppenheimer and family | £7.937bn |
| 19 | Lord Bamford and family | £7.65bn |
| 20 | Denise, John and Peter Coates | £7.467bn |
| 21 | Andy Currie | £7.257bn |
| 22 | John Reece | £7.224bn |
| 23 | Anil Agarwal | £7bn |
| 24 | Anders Holch Povlsen | £6.73bn |
| 25 | Tom Morris and family | £6.673bn |
| 26 | Stephen Rubin and family | £6.5bn |
| 27 | Igor and Dmitry Bukhman | £6.349bn |
| 28 | Ian and Richard Livingstone | £6.293bn |
| 29 | Moshe Kantor | £6.254bn |
| 30 | Sri Prakash Lohia | £6.23bn |
| 31 | François-Henri Pinault and Salma Hayek | £6.147bn |
| 32 | Sir Chris Hohn | £6.1bn |
| 33 | Daniel Kretinsky | £6bn |
| 34 | Jaime Gilinski Bacal | £5.833bn |
| 35 | Earl Cadogan and family | £5.802bn |
| 36 | Glenn Gordon and family | £5.619bn |
| 37 | Hilton Schlosberg | £5.503bn |
| 38 | Joe Lewis | £5.306bn |
| 39 | Mohsin and Zuber Issa | £5bn |
| 40 | Sir Dennis and Lady Gillings | £4.7bn |
| 41 | Mark Scheinberg | £4.675bn |
| 42 | Sir Michael Moritz and Harriet Heyman | £4.603bn |
| 43 | Sir Henry Keswick and family | £4.5bn |
| 44 | Guillaume Pousaz | £4.429bn |
| 45 | Nik Storonsky | £4.38bn |
| 46 | Johan Eliasch | £4bn |
| 47 | Teddy Sagi | £4bn |
| 48 | Leonie Schroder and family | £3.941bn |
| 49 | Mike Ashley | £3.799bn |
| 50 | Eddie and Sol Zakay | £3.6bn |
| 51 | Laurence and Francois Graff | £3.6bn |
| 52 | Baroness Howard de Walden and family | £3.481bn |
| 53 | Mark Pears and family | £3.419bn |
| 54 | John Bloor | £3.396bn |
| 55 | Alan Parker and family | £3.153bn |
| 56 | Benzion Freshwater and family | £3.098bn |
| 58 | Navin and Varsha Engineer | £3bn |
| 59 | Douw Steyn and family | £3bn |
| 60 | Alki David and the Leventis family | £2.92bn |
| 61 | Sammy Tak Lee and family | £2.857bn |
| 62 | The Murray family | £2.8bn |
| 63 | Clive Calder | £2.75bn |
| 64 | Bernard Lewis and family | £2.711bn |
| 65 | Simon, Bobby and Robin Arora | £2.682bn |
| 66 | Inna Gudavadze | £2.65bn |
| 67 | Lord Paul and family | £2.6bn |
| 68 | Sir Anwar Pervez and family | £2.599bn |
| 69 | Geoffrey Warren | £2.552bn |
| 70 | John Christodoulou | £2.5bn |
| 71 | Chris and Sarah Dawson | £2.5bn |
| 72 | Alan Howard | £2.5bn |
| 73 | Chris Rokos | £2.5bn |
| 74 | Sir Richard Branson and family | £2.4bn |
| 75 | The Lazari family | £2.4bn |
| 76 | Fred and Peter Done | £2.38bn |
| 77 | Sunder Genomal and family | £2.214bn |
| 78 | Alejandro Santo Domingo and Lady Charlotte Wellesley | £2.2bn |
| 79 | Hamdi Akin Ipek and family | £2.185bn |
| 80 | Jean-François Decaux and family | £2.148bn |
| 81 | Georg and Emily von Opel | £2.083bn |
| 82 | Henri Beaufour | £2.043bn |
| 83 | Jasminder Singh and family | £2.001bn |
| 84 | John Gore | £2.1bn |
| 85 | Lord Hintze | £2bn |
| 86 | Wafic Said | £1.983bn |
| 87 | Henry Moser and family | £1.918bn |
| 88 | Sir Ian Wood and family | £1.911bn |
| 89 | Viscount Portman and family | £1.9bn |
| 90 | Simon Nixon | £1.88bn |
| 91 | Sir Will Adderley and family | £1.877bn |
| 92 | Bernie Ecclestone and family | £1.844bn |
| 93 | Peter Hargreaves | £1.843bn |
| 94 | Jonas and Mathias Kamprad | £1.833bn |
| 95 | Sir Stelios Haji-Ioannou and family | £1.788bn |
| 96 | John Whittaker and family | £1.775bn |
| 97 | Jim and Sally Thompson | £1.749bn |
| 98 | Peter Harris and family | £1.74bn |
| 99 | Kristo Kaarmann | £1.705bn |
| 100 | James and John Martin and family | £1.67bn |
These families not only represent immense wealth but also significant influence across various sectors, from industrial manufacturing and technology to media and retail. Their continuous growth underscores the dynamic nature of the global economy and the pivotal roles these families play in it.
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