The Sunday Times Rich List is a list of the 1,000 wealthiest people or families resident in the United Kingdom ranked by net wealth. The list is updated annually in April and has been published as a magazine supplement by British national Sunday newspaper The Sunday Times since 1989. The editorial decisions governing the compilation of the Rich List are published in the newspaper and online as its "Rules of engagement".[1]
List of 1,000 UK residents, ranked in order of net worth | |
Publication details | |
---|---|
Publication | The Sunday Times |
First published | 1989 |
Latest publication | May 17, 2024 |
Current list details (2024) | |
Wealthiest | Gopichand Hinduja |
Net worth (1st) | £37.196 billion |
Sunday Times Rich List website |
The Rich List is not limited to British citizens and it includes individuals and families born overseas but who predominantly work and/or live in Britain. This excludes some individuals with prominent financial assets in Britain.
The editors estimate subjects' wealth from a range of public information, based on values in January each year. They typically explain their actions by stating: "We measure identifiable wealth, whether land, property, racehorses, art or significant shares in publicly quoted companies. We exclude bank accounts—to which we have no access... We try to give due consideration to liabilities."
The 2015 list marked the first year Queen Elizabeth II was not among the list's top 300 most wealthy since the list began in 1989.[2] She was number one on the inaugural Sunday Times Rich List 1989.[2]
The most recent list was published online on 17 May 2024 and in print on 19 May 2024.[3]
The Sunday Times Tax List was inaugurated on 27 January 2019 in the Sunday Times Magazine, using data collected for the Rich List and edited by Robert Watts.[4][5]
Giving List
editSince 2005, as part of the Rich List, The Sunday Times has produced an annual Giving List, which tracks the most generous philanthropists in the UK as a proportion of their wealth. In 2018, it was reported that, of the 300 philanthropists listed in the Giving List, a total of £3.207 billion was given away.[6]
Jamie Cooper, the former wife of hedge fund manager Sir Christopher Anthony Hohn, was ranked in first place with a giving index of 88.89%, which amounted to donations in 2018 of £299.6 million.[7]
Book version
editA fuller version of the Rich List is also published in a reference book edition, edited by Philip Beresford. This list covers the top 5,000 richest people, rather than the top 1,000, and includes their business addresses:
- Sunday Times Rich List 2006–2007 was published by A & C Black in December 2006 (ISBN 978-0713679410).
- Sunday Times Rich List 2007–2008 was due to be published by A & C Black in November 2007 (ISBN 978-0713685152) but no book appeared due to a deadlock between the publishers and The Sunday Times. The publisher was keen to carry on but only if a CD version was attached to the book. The Sunday Times would not allow this as it would give competitors a chance to develop their own database and launch rival rich lists.[8]
See also
editReferences
edit- ^ "The Sunday Times". Archived from the original on 2011-06-12. Retrieved 2009-05-01.
- ^ a b Helen Nianias (26 April 2015). "The Queen drops off the top end of the Sunday Times Rich List for the first time since its inception". The Independent. Archived from the original on 10 April 2019. Retrieved 17 December 2015.
- ^ Watts, Robert, ed. (17 May 2024). "The Sunday Times Rich List 2024". The Sunday Times. Retrieved 17 May 2024.
- ^ Watts, Robert. "The Sunday Times Tax List 2019: Britain's top taxpayers revealed". www.thetimes.co.uk. Archived from the original on 2020-06-12. Retrieved 2020-04-30.
- ^ Press Association (January 27, 2019). "Stephen Rubin, owner of JD Sports, paid most tax in UK last year with £181m bill". The Guardian. Archived from the original on January 27, 2019. Retrieved January 27, 2019 – via www.theguardian.com.
- ^ "UK's richest gave away over £3.2bn last year, according to Sunday Times". civilsociety.co.uk. Archived from the original on 6 March 2019. Retrieved 3 March 2019.
- ^ Cooney, Rebecca. "Giving by the richest steady at £3.2bn". thirdsector.co.uk. Retrieved 4 March 2019.
- ^ Thinkresource.org Archived 28 July 2011 at archive.today Resource talks to Philip Beresford