Lakshmi Mittal richest man in UK: Report
26 Apr 2008, 2053 hrs IST,PTI
Times of India
LONDON: Indian steel baron Lakshmi Mittal has been ranked as Britain's
richest resident for the fourth year in a row by a leading media
house.
According to The Sunday Times Rich List 2008, to be published on
Sunday, the London-based 57-year-old Mittal and his family's total
fortune is worth an estimated 27,700 million pounds.
The steel baron consolidated his position at the top by acquiring
world's leading steel company Arcelor last year. The combined
business, Arcelor Mittal, produces 115 million tons of steel a year
and accounts for ten per cent of market.
Mittal is followed in the list by Russian oligarch Roman Abramovich,
with a 11,700-million-pound fortune, and the Duke of Westminster - the
richest property developer in Britain, worth 7,000 million pounds.
The Hinduja brothers -- Sri and Gopi -- are at number four, and they
will celebrate the 100th anniversary of their father's 6,200-million-
pound industry in the year 2014.
Alisher Usmanov, a former prosecutor in Uzbekistan, who appears at
number five, built his 5,726-million-pound fortune through steel and
ore mines.
A former Miss United Kingdom from Staffordshire, Kirsty Bertarelli, is
the highest placed woman, appearing at number six on the list,
alongside her 42-year-old husband, Swiss biotechnology tycoon Ernesto
Bertarelli.
Next on the list are Hans Rausing and family, who developed the Tetra
Pak; the shipping owner John Fredriksen; the retail millionaires Sir
Philip and Lady Green; and David and Simon Reuben, who have been
active in the British property market for a decade.
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