{"id":121503,"date":"2016-04-25T10:18:47","date_gmt":"2016-04-25T08:18:47","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=121503"},"modified":"2016-04-25T10:20:20","modified_gmt":"2016-04-25T08:20:20","slug":"south-african-businessmen-among-the-uks-top-25-richest-people","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/121503\/south-african-businessmen-among-the-uks-top-25-richest-people\/","title":{"rendered":"South African businessmen among the UK’s top 25 richest people"},"content":{"rendered":"

The UK’s Sunday Times has released its annual Rich List, naming three South African businessmen among the top 25 richest people in the United Kingdom.<\/p>\n

According to the paper, the British super-rich have suffered their biggest crash in fortunes since the global economic crisis of 2008\/09, with former list-topper,\u00a0Lakshmi Mittal losing three-quarters of his wealth.<\/p>\n

Mittal rose to the top of the rank in\u00a02008 with \u00a327.7 billion (R578 billion) – the biggest fortune achieved by anyone on the Rich List before or since, the paper said.<\/p>\n

However, a\u00a0global crisis in the steel industry in 2015\/16 has sent Mittal’s\u00a0finances plummeting and now he’s ‘only’ worth \u00a37.12 billion (R149 billion) – ranked 11th in 2016\u00a0-suffering a\u00a0\u00a32.08 billion (R43 billion) loss\u00a0last year alone.<\/p>\n

In 2016,\u00a0Mumbai-born brothers\u00a0David and Simon Reuben topped the list, climbing from 5th place in 2015 with\u00a0\u00a39.7 billion to\u00a0\u00a313.1 billion (R273 billion), thanks to strong returns on their property investments.<\/p>\n

Overall, the 1,000 wealthiest people in Britain are worth a combined \u00a3576 billion\u00a0(R12 trillion) –\u00a0an increase of \u00a328.5 billion (R595 billion) on last year.<\/p>\n

\"Nicky<\/a>

Nicky Oppenheimer<\/p><\/div>\n

South Africans on the list<\/h3>\n

Three South Africans are named on the 2016 ranking – one more than in 2015.<\/p>\n

Diamond magnate,\u00a0Nicky Oppenheimer leads the other South Africans on the list, ranked at 18th, worth\u00a0\u00a34.83 billion (R100.9 billion).<\/p>\n

Oppenheimer amassed the bulk of his fortune when he sold his 40% stake in the De Beers diamond operation for \u00a33.2 billion in 2011. He now owns an estate and organic farm near Maidenhead but still retains “extensive investments” in South Africa and in mining group Anglo American<\/p>\n

Former top SA-linked billionaire on the rank – SA-born Swazi businessman\u00a0Nathan Kirsh\u00a0was ranked 21st with a net worth of\u00a0\u00a34.37\u00a0billion (R91.3 billion).<\/p>\n

Debuting\u00a0on the list,\u00a0retail mogul Christo Wiese was ranked at 22nd, worth\u00a0\u00a34.33 billion (R90.4 billion).<\/p>\n

\n
\n\n\n\n\n\n
#<\/th>\nName<\/th>\n2015 wealth (GBP)<\/th>\n2016 wealth (GBP)<\/th>\nChange (%)<\/th>\n<\/tr>\n
18<\/td>\nNicky Oppenheimer<\/td>\n\u00a34.55 billion<\/td>\n\u00a34.83 billion<\/td>\n+6.2%<\/span><\/strong><\/td>\n<\/tr>\n
21<\/td>\nNathan Kirsh<\/td>\n\u00a35.06 billion<\/td>\n\u00a34.37\u00a0billion<\/td>\n-13.6%<\/span><\/strong><\/td>\n<\/tr>\n
22<\/td>\nChristo Wiese<\/td>\n–<\/td>\n\u00a34.33 billion<\/td>\n–<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Top 25 richest people<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nName<\/th>\nWealth (GBP)<\/th>\n<\/tr>\n
1<\/td>\nDavid and Simon Reuben<\/td>\n\u00a313.1 billion<\/td>\n<\/tr>\n
2<\/td>\nSri and Gopi Hinduja<\/td>\n\u00a313.0 billion<\/td>\n<\/tr>\n
3<\/td>\nLen Blavatnik<\/td>\n\u00a311.59 billion<\/td>\n<\/tr>\n
4<\/td>\nGalen and George Weston<\/td>\n\u00a311.0 billion<\/td>\n<\/tr>\n
5<\/td>\nErnesto and Kirsty Bertarelli<\/td>\n\u00a39.78 billion<\/td>\n<\/tr>\n
6<\/td>\nThe Duke of Westminster<\/td>\n\u00a39.35 billion<\/td>\n<\/tr>\n
7<\/td>\nCharlene de Carvalho-Heineken and Michel de Carvalho<\/td>\n\u00a39.15 billion<\/td>\n<\/tr>\n
8<\/td>\nKirsten and Jorn Rausing<\/td>\n\u00a38.7 billion<\/td>\n<\/tr>\n
9<\/td>\nHans Rausing<\/td>\n\u00a38.6 billion<\/td>\n<\/tr>\n
10<\/td>\nAlisher Usmanov<\/td>\n\u00a37.58 billion<\/td>\n<\/tr>\n
11<\/td>\nLakshmi Mittal<\/td>\n\u00a37.12 billion<\/td>\n<\/tr>\n
12<\/td>\nSir David and Sir Frederick Barclay<\/td>\n\u00a37.0 billion<\/td>\n<\/tr>\n
13<\/td>\nRoman Abramovich<\/td>\n\u00a36.4 billion<\/td>\n<\/tr>\n
14<\/td>\nJohn Fredriksen<\/td>\n\u00a36.3 billion<\/td>\n<\/tr>\n
15<\/td>\nMohamed Bin Issa Al Jaber<\/td>\n\u00a35.84 billion<\/td>\n<\/tr>\n
16<\/td>\nEarl Cadogan<\/td>\n\u00a35.7 billion<\/td>\n<\/tr>\n
17<\/td>\nSir James Dyson<\/td>\n\u00a35.0 billion<\/td>\n<\/tr>\n
18<\/strong><\/td>\nNicky Oppenheimer<\/strong><\/td>\n\u00a34.83 billion<\/strong><\/td>\n<\/tr>\n
19<\/td>\nSir Richard Branson<\/td>\n\u00a34.52 billion<\/td>\n<\/tr>\n
20<\/td>\nJohn Grayken<\/td>\n\u00a34.42 billion<\/td>\n<\/tr>\n
21<\/strong><\/td>\nNathan Kirsh<\/strong><\/td>\n\u00a34.37 billion<\/strong><\/td>\n<\/tr>\n
22<\/strong><\/td>\nChristo Wiese<\/strong><\/td>\n\u00a34.33 billion<\/strong><\/td>\n<\/tr>\n
23<\/td>\nBruno Schroder<\/td>\n\u00a34.06 billion<\/td>\n<\/tr>\n
24<\/td>\nDenise, John, and Peter Coates<\/td>\n\u00a33.77 billion<\/td>\n<\/tr>\n
25<\/td>\nBaroness Howard de Walden<\/td>\n\u00a33.63\u00a0billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Exchange rate: 1 GBP = 20.88 ZAR<\/strong><\/p>\n

More on wealth<\/h3>\n

The suburbs where South Africa\u2019s richest people live<\/a><\/strong><\/p>\n

How South Africa\u2019s richest people make their money<\/a><\/strong><\/p>\n

South Africa vs the richest countries in the world in 2016<\/a><\/strong><\/p>\n

These are the 6 richest billionaires in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The UK’s Sunday Times has released its annual Rich List, naming three South African businessmen among the top 25 richest people in the United Kingdom.<\/p>\n","protected":false},"author":10,"featured_media":74326,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121,9880],"tags":[26,4082],"class_list":["post-121503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-wealth","tag-headline","tag-richest"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/121503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=121503"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/121503\/revisions"}],"predecessor-version":[{"id":121539,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/121503\/revisions\/121539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/74326"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=121503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=121503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=121503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}