Hinduja brothers topped 2017 list of richest people in UK

Vastavam web: The Hinduja brothers have topped the 2017 list of the richest people in the UK with a wealth of 16.2 billion pounds, a massive 3.2 billion pound hike in their fortunes over the previous year.’The Sunday Times Rich List’ says that Brexit does not seem to have affected the country s billionaires, who grew in numbers with a 14 per cent rise in their fortunes since the referendum last June to earn a record 658 billion pounds collectively.Their latest project is converting the Old War Office in London into a five-star hotel and luxury apartments, the newspaper notes.
Another set of India-born billionaire brothers, David and Simon Reuben, who had topped the list last year have moved down to third place with steel tycoon Lakshmi N Mittal at fourth.The second spot, occupied by the Hinduja brothers until 2016, has been taken over by Ukrainian businessman Len Blavatnik.This year’s list was also described as more diverse in composition, with more women, more people from ethnic backgrounds, and more from surprising walks of life, with egg farmers and pet food makers among the super-rich line-up.It now takes assets of 110 million pounds to break into the ranks of the richest 1,000 people in the UK.