Belfast Telegraph

UK's six richest people worth a combined £39.4bn

The UK's six richest people are wealthier than the bottom 13.2 million people, according to new research highlighting a widening gulf between the rich and poor. (stock photo)
The UK's six richest people are wealthier than the bottom 13.2 million people, according to new research highlighting a widening gulf between the rich and poor. (stock photo)

By Staff Reporter

The UK's six richest people are wealthier than the bottom 13.2 million people, according to new research highlighting a widening gulf between the rich and poor.

Six billionaires have a combined wealth estimated at £39.4bn, while four million people live in poverty, the Equality Trust found.

Topping the list are Gopichand and Srichand Hinduja, whose £12.8bn wealth is derived from their conglomerate which includes oil, car making and banks.

Behind them is Sir Jim Ratcliffe, the founder of fracking and petrochemicals firm Ineos, with £9.4bn, according to Forbes.

Hedge fund manager Michael Platt has £6.1bn and Conservative party donors Simon and David Reuben have an estimated £5.8bn each.

Over the last 10 years billionaires in the UK have collectively doubled their wealth, the Equality Trust's figures show.

Belfast Telegraph

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