Sunday Times Rich List crowns UK’s wealthiest after billionaire’s death – see list

The Sunday Times Rich List 2023 was released this morning and the Hinduja family have once again taken the top spot with an estimated wealth of £35billion

Gopi Hinduja and his family are the richest people in the UK with a wealth of £35billion, according to the Sunday Times Rich List 2023.

The Hinduja family – who are behind the Indian conglomerate Hinduja Group – have topped the list for the second year in a row as their fortune jumped by more than £6billion.

Their wealth also marks the largest fortune ever recorded in 35 editions of the Sunday Times Rich List – but it comes just days after Srichand, the eldest of the four Hinduja brothers, died aged 87.

Sir Jim Ratcliffe, who is currently in a battle to take control of Manchester United, is this year’s highest climber and comes in second place with an estimated fortune of £29.7billion.

For the first time in 14 years, the number of billionaires on the list fell by six – meaning there are now 171 billionaires in the UK.

But combined, their wealth grew by an eye-watering £30.73billion – against a backdrop of the cost of living crisis.