[nukkad] Five NRIs among UK's top ten richest

["Gireesh Dixit" <>]

[This message contained attachments that have been removed.]



http://timesofindia.indiatimes.com/articleshow/1500707.cms



LONDON: Five Indian-born people feature in the top 10 list of Britain's 
richest, with Lakshmi N Mittal continuing to lead the league tables with a 
£14.8 billion fortune, the Hinduja brothers at number seven with £3.6 billion 
and Mumbai-born Baghdadi Jews, David and Simon Reuben at eighth place.

The Sunday Times rich list, which chronicles the soaring wealth of Britain's 
1,000 wealthiest, noted that 20 of the 54 billionaires had arrived here from 
overseas. The eye-poppingly wealthy overseas contingent, the list said, 
included "Indian, Russian, Scandinavian and Russian".

The list said Britain's booming wealth quotient was marked by a staggering rise 
in the number of sterling billionaires it now boasts. At 54 billionaires the 
tally was 14 higher than last year.

Wealthy Indian-born, Britain-based people make a disproportionate contribution 
to the list with Mittal, UK's richest man, figuring as one of the usual 
suspects at the head of the table; Hindujas following a few steps behind and 
Reuben brothers one rung lower at £3.25 billion.

The Reuben brothers' property empire is known to be flourishing but fortune is 
based on their experiment with scrap metal in 1990s Russia.

The Indian spike on the 2006 wealth list includes the startling fact that as 
many as 30 Britain-based NRIs, including Lord Swraj Paul, have fortunes worth 
over £60 million each.

Philip Beresford, who has compiled the Rich List every year since 1992, said 
the combined wealth of Britain's richest 1,000 people has soared by over £50 
billion in a single year to £300.9 billion.

The List also has a league table of the world's 50 richest people, which places 
Mittal at number seven, Mukesh and Anil Ambani at number 30 and Azim Premji at 
number 32.

It says, somewhat confusingly at odds with the earlier Forbes list, that 
American Robert Walton is the world's richest person and Bill Gates has a 
fortune second to his.

The rich list also records the rise in wealth of other Indian-born businessmen, 
including Anurag Dikshit, whose online poker firm PartyGaming floated on LSE 
last year, Vedanta Resources' Anil Agarwal, the beauty products' czars George 
and Mike Jatania; Jet Airways' Naresh Goyal; online gambling
millionaire Vikrant Bhargava; consumer electronics king Gulu Lalvani.

Beresford said the life of Britain's super-rich people "just gets better and 
better. Booming stock markets, soaring property prices, mega takeover deals and 
the City awash with big bonuses have led to a wealth explosion."



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