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Russian Tops Britian’s Rich List

April 18, 2004

LONDON (AP) _ Russian oil magnate Roman Abramovich is the richest person in Britain, according to a newspaper-compiled wealth list released Sunday.

Abramovich, who moved to Britain last year after buying London’s Chelsea soccer team, is worth $13.8 billion, The Sunday Times reported.

The newspaper said his vast fortune, generated from shareholdings in oil, aluminum and pharmaceuticals companies, had knocked the Duke of Westminster into second place on the ``Rich List.″

The duke, who owns huge parcels of land in central London and elsewhere, is worth $9.2 billion, according to the survey.

Hans Rausing, the Swedish-born packaging billionaire, was third in the list with a fortune valued at $9.1 billion, followed by British retailer Philip Green with $6.6 billion.

According to the survey, the combined wealth of Britain’s richest 1,000 people has risen from $286.78 billion in 2003 to $372.45 billion this year, a record 30 percent increase.

The Sunday Times’ top 10:

1. Roman Abramovich, $13.8 billion

2. Duke of Westminster, $9.2 billion

3. Hans Rausing, $9.1 billion

4. Philip Green, retail, $6.6 billion

5. Lakshmi Mittal, steel, $6.4 billion

6. Richard Branson, airline and music, $4.78 billion

7. Kirsten and Jorn Rausing, inheritance, investments, $4.73 billion

8. Bernie and Slavica Ecclestone, Formula One, $4.27 billion

9. Charlene and Michel De Carvalho, Heineken, $4.15 billion

10. David and Simon Reuben, property, metal, $4.04 billion

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