Sunday Times Rich List 2022: Full list of wealthiest people in the UK

The 2022 Sunday Times Rich List has revealed that billionaire brothers Sri and Gopi Hinduja are the wealthiest people in the UK.

The annual list showed that the pair, who run the Mumbai-based conglomerate Hinduja Group, saw their fortune jump by more than £11 billion to £28.47 billion. Dyson vacuum entrepreneur James Dyson and his family moved up to second in the list after a £6.7 billion increase to £23 billion.

Property investors David and Simon Reuben meanwhile were third with £22.26 billion, while Ukrainian-born Sir Leonard Blavatnik dropped from top spot to fourth. However, Roman Abramovich slipped out of the top 20 and fellow Russians Alisher Usmanov and Mikhail Fridman dropped down the list after the value of their assets was hammered by financial measures in response to Russia’s invasion of Ukraine.

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Chancellor Rishi Sunak became the first frontline politician to make the list this year. He and his wife Akshata Murty featured at 222 in the list with the joint forecast of £730 million, driven by Ms Murty’s £690 million stake in Infosys.

According to the figures, there were a record 177 billionaires in the UK this year, up from 2021. It comes as typical UK households come under increased financial pressure from rampant inflation, which struck a 40-year-high of 9 per cent in April.

Overall, the richest 250 in the UK this year are worth £710.72 billion, compared to £658.09 billion in 2021, an 8 per cent rise on last year, the Sunday Times said.

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