Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
UK super-rich got richer despite Brexit — rich list
Queen Elizabeth II
Business
May 9, 2017

UK super-rich got richer despite Brexit — rich list

LONDON, United Kingdom (AFP) — Britain’s super-rich “kept calm and carried on making billions” despite worries about Brexit, according to The Sunday Times newspaper’s Rich List for 2017, with more billionaires living in the country than ever before.

In the past 12 months, the total wealth of Britain’s richest 1,000 individuals and families surged 14 per cent to £658 billion (US$854 billion), the paper said.It said that there are now more UK-based billionaires than ever before, at 134.Industrialist brothers Sri and Gopi Hinduja topped the list with a combined wealth of £16.2 billion, up £3.2 billion over the previous year.“While many of us worried about the outcome of the EU referendum, many of Britain’s richest people just kept calm and carried on making billions,” said the list compiler, Robert Watts.“We expected to see a chilling effect in the run-up to the EU referendum, but that simply did not materialise.”Britain voted in June 2016 to leave the EU, after more than four decades of membership, in a referendum that sent shockwaves across Europe.Despite gloomy forecasts ahead of the referendum, the UK economy proved resilient in the last six months of 2016 with a weaker pound and record-low interest rates helping to boost exports and investor confidence.“A buoyant stock market usually drives the wealth of Rich Listers higher, and since last June equities have soared,” Watts said.London remains the city with the most billionaires at 86, up nine over the previous year. ADELE JOINS THE LISTOverall, 19 people increased their wealth by £1 billion or more in a year.Publicity-shy brothers David and Simon Reuben, who topped the year last year, fell down two places despite adding £900 million to their £14-billion fortune.Among the 58 newcomers — a minimum of £110 million is now required to make the list compared to just £15 million in 1997 — are famous names including chart-topper Adele.The singer, who released her third studio album

25 and went on a world tour in 2016, is now worth £125 million, making her the sixth-richest person under 30.Football player Zlatan Ibrahimovic and

Fifty Shades of Grey author E L James also made the cut for the first time.Other well-known names include Paul McCartney (£780 million), Elton John (£290 million), Lewis Hamilton (£131 million), and David and Victoria Beckham who have a combined wealth of £300 million.

Harry Potter creator J K Rowling continued to work her magic, adding £50 million to bring her estimated fortune to £650 million.Queen Elizabeth II, who turned 91 in April, slipped 10 places to become the 329th richest person in her kingdom, with a wealth of £360 million.The list does not count the totality of the income and assets from the Crown Estate — the collection of lands and holdings belonging to the monarch but controlled by an independent board — whose property portfolio alone is now worth £12 billion.Her fortune is therefore easily dwarfed by the Duke of Westminster’s.At just 26, the Duke, one of Prince George’s godfathers once dubbed “the world’s most eligible bachelor”, is at the head of a £9.5-billion empire.

Sri and Gopi Hinduja
{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Global economy shows resilience, but risks loom–UN
Latest News, Regional
Global economy shows resilience, but risks loom–UN
January 8, 2026
NEW YORK, United States (CMC) — The global economy is expected to grow by 2.7 per cent in 2026, slightly below last year’s pace and well under pre-pan...
{"jamaica-observer":"Jamaica Observer"}
Trump to meet top US oil execs after seizing Venezuela leader
International News, Latest News
Trump to meet top US oil execs after seizing Venezuela leader
January 8, 2026
WASHINGTON, United States (AFP)—US President Donald Trump will meet the heads of major US oil companies on Friday, aiming to convince them to support ...
{"jamaica-observer":"Jamaica Observer"}
WATCH: Scores gather for candlelight vigil in memory of Donald Oliver
Latest News, News
WATCH: Scores gather for candlelight vigil in memory of Donald Oliver
January 8, 2026
KINGSTON, Jamaica — There was a sombre mood at Statue Park at the National Stadium in Kingston on Thursday as scores of family, friends and colleagues...
{"jamaica-observer":"Jamaica Observer"}
Coffee farmers bat for climate resilient industry on Blue Mountain Coffee Day
Latest News
Coffee farmers bat for climate resilient industry on Blue Mountain Coffee Day
January 8, 2026
The 8th rendition of Blue Mountain Coffee Day will be celebrated Friday in the misty climes of Guava Ridge in St Andrew under the theme, “Rebuilding a...
{"jamaica-observer":"Jamaica Observer"}
Take Trump seriously on Greenland, Vance warns Europe
International News, Latest News
Take Trump seriously on Greenland, Vance warns Europe
January 8, 2026
WASHINGTON, United States (AFP)—US Vice President JD Vance warned Europe on Thursday to take Donald Trump "seriously" on Greenland as the president ra...
{"jamaica-observer":"Jamaica Observer"}
KTHS students triumph at Project STAR Business Pitch Competition
Latest News, News
KTHS students triumph at Project STAR Business Pitch Competition
January 8, 2026
KINGSTON, Jamaica – Two fifth-form students from Kingston Technical High School (KTHS) emerged winners of Project STAR’s inaugural Business Pitch Comp...
{"jamaica-observer":"Jamaica Observer"}
Four charged following seizure of illegal gas cylinders in Hanover
Latest News, News
Four charged following seizure of illegal gas cylinders in Hanover
January 8, 2026
HANOVER, Jamaica—Four men, including a minor, have been arrested and charged in connection with the seizure of 280 illegal gas cylinders valued at $1....
{"jamaica-observer":"Jamaica Observer"}
48-hour curfew imposed in sections of St Andrew South Police Division
Latest News, News
48-hour curfew imposed in sections of St Andrew South Police Division
January 8, 2026
KINGSTON, Jamaica—A 48-hour curfew has been imposed in the St Andrew South Police Division. The curfew began at 6:00 pm on Thursday, January 8 and wil...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct