Gopichand Hinduja and his brother Sri are the wealthiest people in the UK

The 2022 Sunday Times Rich List has been released, which has revealed that billionaire brothers Sri and Gopi Hinduja are the wealthiest people in the UK. The pair own Mumbai-based conglomerate Hinduja Group, which saw their fortune rocket by more than £11 billion to a whopping £28.47 billion.

The annual list revealed there to be a record 177 billionaires in the UK. It features a number of familiar names, such as Dyson vacuum entrepreneur James Dyson - who moved up to second place after a £6.7 billion increase to £23 billion.

However, Former Governor of Chukotka, Roman Abramovich, slipped out of the top 20. Fellow Russians Alisher Usmanov and Mikhail Fridman also fell down the list after the value of their assets took a battering by financial measures due to Russia’s invasion of Ukraine.

Overall, the richest 250 in the UK this year are worth £710.72 billion, compared to £658.09 billion in 2021, an eight per cent rise on last year, the Sunday Times said.

The list was recently updated since publication earlier this year to move German businessman Christoph Henkel to number 18 on the list. It comes after The Sunday Times changed its assessment of the Henkels' wealth because the family own a smaller proportion of the company’s shares than had previously been understood.

These are the 20 richest people in the UK according to the Rich List:

Sri and Gopi Hinduja and family – £28.47 billion

Sir James Dyson and family – £23 billion

David and Simon Reuben and family – £22.26 billion

Sir Leonard Blavatnik – £20 billion

Guillaume Pousaz – £19.26 billion

Lakshmi Mittal and family – £17 billion

Guy, George, Alannah and Galen Weston and family – £13.5 billion

Kirsten and Jorn Rausing – £12 billion

Charlene de Carvalho-Heineken and Michel de Carvalho – £11.42 billion

Michael Platt – £10 billion

Alisher Usmanov – £10 billion

The Duke of Westminster and the Grosvenor family – £9.73 billion

Barnaby and Merlin Swire and family – £9.6 billion

Marit, Lisbet, Sigrid and Hans Rausing – £9.49 billion

Anil Agarwal – £9.2 billion

Denise, John and Peter Coates – £8.64 billion

John Fredriksen and family – £8.31 billion

Christoph Henkel and family – £8.308 billion

Courtesy: Devon Live