Friday, March 29, 2024
NRI

NRI : Lakshmi Mittal named Britain's richest man

London, April. 3 : NRI steel tycoon Lakshmi Mittal, heads the list of Britain's richest people with a wealth of 14.8 billion pounds, quadrupling his fortune within a year.

There are as many as 27 NRIs listed among the 1,000 people on the 'The Sunday Times Rich List 2005', revealed today, with the Hindujas - S P and G P Hinduja, Chairman and President respectively of the Hinduja Group - being the 13th richest in Britain with assets worth 2.1 billion pounds.

Another leading NRI industrialist Lord Swraj Paul, is listed 175th richest in Britain with wealth worth 275 million pounds - five million pounds more than Queen Elizabeth II, who is listed 180th with assets to the tune of 270 million pounds.

The top 10 richest in Britain are 1) Lakshmi Mittal (Steel, 14.8 billion pounds), 2) Roman Abramovich (Oil, industry, football 7.5 b pounds), 3) The Duke of Westminster (Property, 5.6 b pounds), 4) Hans Rausing and family (Food packaging, 4.95 b pounds), 5) Philip and Christina Green (Retailing, 4.85 b pounds), 6) Oleg Deripaska (Aluminium, 4.375 b pounds), 7) Sir Richard Branson (Transport and mobile phones, 3 b pounds), 8) Kirsten and Jorn Rausing (Inheritance and Investments, 2.575 b pounds), 9) David and Simon Reuben (Property and metal trading, 2.5 b pounds) and 10)Spiro Latsis and family (Banking, aviation and shipping, 2.4 b pounds).

Britain's 10 richest Asians listed are: 1) Mittal, 2) Hindujas, 3 The Jatania brothers (beauty products, 650 million pounds), 4) Anil Agarwal (Metals, 620 m pounds) 5), Bhikhu and Vijay Patel (Pharmaceuticals, 444 m pounds), 6) Gulu Lalvani (Consumer electronics, 400 m pounds), 7) Tom Singh (Fashion, 361 m pounds), 8) Jasminder Singh (Hotels, 350 m pounds), 9) Lord Swraj Paul (Steel, 275 m pounds) and 10) Firoz Kassam (Hotels, 250 m pounds).