Sunday Times Rich List 2024: Rishi Sunak among UK’s wealthiest people
There is no bias in the original title provided.
Get the free Morning Headlines email for news from our reporters across the world
Sign up to our free Morning Headlines email
Britain’s so-called “migrant hotel king” has entered the UK rich list for the first time in a year where the number of billionaires fell– but the PM and actual King both saw their vast fortunes increase, new data reveals.
Asylum tycoon Graham King is currently pocketing £3.5m of taxpayer money a day for his role in helping to transport and house vulnerable migrants amid the ongoing crisis – making him the 221st richest person in the UK.
He is estimated to have amassed a £750m fortune from “holiday parks, inheritance and housing asylum seekers for the government”.
With King’s contract with the Home Office running until 2029, he is expected to become the first man to become a billionaire off the back of increased migration to the UK.
On the subject of kings, Charles’s fortune has also increased by £10 million in the last year to £610 million, the Sunday Times rich list reveals.
Prime Minister Rishi Sunak and his wife Akshata Murty have also seen their personal fortune surge by ÂŁ150m to ÂŁ651 million.
Britain’s “richest gypsy” Alfie Best has seen an even bigger increase in his fortune, amassed from the creation of caravan parks in the face of the UK’s housing crisis.
He is now very nearly a billionaire after his net worth increased by ÂŁ202m to ÂŁ947m.
Prime Minister Rishi Sunak and his wife Akshata Murty (Stefan Rousseau/PA) (PA Archive)
However, despite having such immense wealth, Best recently chose to leave the UK just last month for tax purposes.
He slammed Rishi Sunak on his departure, admitting that he thought the Conservative prime minister would have had his financial interests at heart.
“I thought Rishi Sunak would be like a second Jesus for our country — encouraging the wealth creators,” he said.
“There was someone who understood business and was married into a wealthy family. How wrong I was.”
Best has now relocated to Monaco, where he is awaiting entry to a so-called millionaire’s playground where residents enjoy a tax-free existence.
Alfie Best is on track to become a billionaire (CEOCAST/YouTube)
The updated Sunday Times rich list did, however, reveal that there has been a slight drop in the number of British billionaires from 177 in 2022 to 165 in 2024.
The list features the 350 wealthiest people in the UK.
The UK’s wealthiest man is now businessman Gopi Hinduja, who is worth a staggering £37.2bn — the largest fortune ever featured on the list.
He made it to the top spot after adding an additional ÂŁ2bn to his fortune.
Another notable fortune is that of investor Leonard Blavtanik, who owns a majority stake in Warner Music, partially accounting for his ÂŁ29.25bn fortune.
This sum was previously ÂŁ28.625 but increased with the price of shares in the music group, which have gone up by 20 percent.
https://www.independent.co.uk/news/uk/home-news/sunday-times-rich-list-gopi-hinduja-rishi-sunak-b2546707.html
