The Hindujas retained their top spot as the UK's richest family in the 2026 'Sunday Times Rich List', released on Friday, under a new generation of brothers following the death of Gopichand Hinduja last year. "Sanjay and Dheeraj Hinduja and family" emerged as the UK's richest for the fifth successive year with an estimated 38 billion pounds, up from last year despite global headwinds. The Hinduja Group operates in 38 countries with investments across several sectors, including mobility, digital technology, banking and financial services, media, project development, lubricants and specialty chemicals, energy, real estate, trading, and healthcare. "The death of their father, Gopi Hinduja, at the age of 85 last November has handed his place at the top of the 'Sunday Times Rich List' to his London-based sons, Sanjay and Dheeraj," the newspaper notes. "Sanjay, 62 this month, chairs Gulf Oil International while Dheeraj, 54, oversees the automotive giant Ashok Leyland. The latter has had
British Prime Minister Rishi Sunak and wife Akshata Murty, who made their debut in the annual Sunday Times Rich List' two years ago, have moved up the ranks in the 2024 edition released on Friday thanks to the Murty's lucrative Infosys shareholding. The couple, both 44, have risen from 275th last year to 245th with an estimated wealth of GBP 651 million, making them the wealthiest people to call 10 Downing Street home. Murty's earnings are said to far exceed that of her husband as financial statements published in February are quoted to say Sunak made GBP 2.2 million in 2022-23 compared to Murty's estimated GBP 13 million in dividends over the past year. The couple's most valued asset is Murty's shareholding in Infosys, a Bangalore-based IT company co-founded by Murty's father [Narayan Murthy], reads the newspaper's analysis. Over the past year, the shares have grown in value by GBP 108.8 million to nearly GBP 590 million. The latest annual report suggests that Murty received about
British Prime Minister Rishi Sunak and wife Akshata Murty, who made their UK rich list debut last year, lost around GBP 201 million since then as a result of a drop in the value of Murty's shares in Infosys, according to a media report on Friday. The couple has slipped from 222nd position in 2022 to 275th in this year's tally with an estimated wealth of GBP 529 million, largely attributed to the Indian software firm co-founded by Murty's father Narayana Murthy, claimed "The Sunday Times Rich List" 2023. The couple's most valuable asset has long been a shareholding in Infosys, an Indian IT giant set up by Murty's father, the rich list analysis said. Over the past year, their wealth has fallen by more than half a million pounds a day. When the pair made their debut on the Rich List 12 months ago, this stake was worth about GBP 690 million. Since then Infosys' shares have plummeted owing to lower revenues from its banking, tech and other clients, it noted. The annual compilation of ..
No Covid-induced gloom as British-Asian businesses record over 20% rise in combined wealth in 2021
The coronavirus pandemic is seen as a major factor behind the fall in the overall wealth of the UK's richest people
Britain's annual rich list released by The Sunday Times has a distinctly Indian flavour with two sets of India-born brothers grabbing the top two slots