Mittal tops Britain's rich list again, Hindujas are fourth
London, April 26, 2008 (IANS)

Indian steel tycoon Lakshmi Niwas Mittal has once again topped the Sunday Times Rich List - the definitive rundown of Britain's wealthiest people. Mittal and the Hinduja brothers Srichand and Gopichand are the two Indian business conglomerates that dominated the list for 2008 in the midst of a global credit crunch.

The 57-year-old Mittal, worth an estimated £27.7 billion, tops the list for the fourth year running. He was valued at £19.2 billion in last year's list. His world-leading steel company ArcelorMittal produces 110 million tonnes of steel - about 10 percent of the market. Russian oligarch Roman Abramovich, with a £11.7 billion fortune, takes the second spot, followed by the Duke of Westminster - the richest property developer in Britain, worth £7 billion.

Srichand and Gopichande Hinduja, who own the Hinduja industry and finance empire, are at number four. The group, worth £6.2 billion, was set up by their father in 1914. Alisher Usmanov, a former prosecutor in Uzbekistan, appears at number five, having built his £5.7 billion fortune through steel and ore mines. At number six are Ernesto Bertarelli, Swiss owner of the pharmaceutical company Serono, and his wife Kirsty, a former Miss United Kingdom.

Next on the list are Hans Rausing and family, who helped develop the Tetra Pak, shipping owner John Fredriksen, retail millionaires Sir Philip and Lady Green, and property tychoons David and Simon Reuben.

The Sunday Times list for 2008:

ASIAN RICH LIST 2008

New entries in the Asian rich from The Sunday Times Rich List 2008 are Kishore Lulla and family who own Eros Entertainment which specialises in Bollywood films; Zuber Issa and family who own Euro Garages and petrol stations; Fakhruddin Suterwalla and family of TRS Suterwalla Cash & Carry and food business; Farouq and Haroon Sheikh of CareTech care homes and Anshu Jain, head of Deutsche Bank's Corporate and Investment Division among others.

ASIAN RICH LIST 2008 - TOP 100

THE SUNDAY TIMES RICH LIST SUPPLEMENTARY TABLES

• The richest in the world
• The giving list
• Rich list composition
• The top political donors
• Newcomers with more than £200m
• Richest in hotels and restaurants
• The telecoms millionaires (plus online millionaires)
• Millionaires in film and TV
• The fashion millionaires

ASIAN LIST LIST ARCHIVE

Click here for the Asian Rich List 2007.
Click here for the Asian Rich List 2006.
Click here for the Asian Rich List 2005.
Click here for the Asian Rich List 2004.
Click here for the Asian Rich List 2003.
Click here for the Asian Rich List 2002.
Click here for the Asian Rich List 2001.

For further information visit www.timesonline.co.uk/richlist