The Sunday Times has launched its rich list for 2025, highlighting the richest people in Britain.
While many of the wealthy individuals on the list live in London, there are some exceptions.
Gopi Hinduja and his family are number one for both Britain and London, with a collective value of £35 billion. That’s despite losing £5.2 million a day over the past 12 months due to a $14 billion family legal feud..
The legal battles, taking place in Switzerland, centre around the family being found guilty of exploiting their employees, primarily those taking care of the elderly family patriarch.
The expensive legal bills have sapped the family fortune – while still leaving a lot left over – and resulted in prison sentences for several members.
Indeed, a few of the big names on the list have lost money over the year, with the highest loss being nearly £6.5 billion for chemical magnate Sir Jim Ratcliffe after his investment in Manchester United.
Here’s a closer look at London’s top 10 richest people and their respective fortunes.
Who are the 10 richest people in London?
The majority of the top 10 richest Londoners are business magnates, in traditional industries like steel and oil.
However, there are some more modern areas of interest, like gaming that are also making big money.
Gopi Hinduja and family
The Hinduja family, aka Britain’s richest family, has made its fortune from the Mumbai-based group, named the Hinduja Group.
The conglomerate has fingers in many business pies, including banking and finance, media and entertainment, and energy, with more than 200,000 staff around the world.
David and Simon Reuben and family
Brothers David and Simon Reuben have built up their wealth through investments in real estate, technology, and other sectors, coming in at number two on the list with £26.8 billion.
Sir Leonard Blavatnik
Similarly, number three Sir Leonard Valentinovich Blavatnik is a Soviet/Ukrainian-born British-American businessman who has also earned his wealth through savvy investments.
Idan Ofer
Israeli Idan Ofer owns a holding company, the Quantum Pacific Group, with other business interests across shipping, energy, mining and sports.
Guy, George, Alannah and Galen Weston and family
Rounding out the top five comes Guy, George, Alannah and Galen Weston and family, heirs to Canadian businessman Galen (senior)’s business empire.
Sir Jim Ratcliffe
Coming in at number six, Sir Jim Ratcliffe is a British businessmen who made his money through chemical engineering.
However, he’s probably best known for becoming a minority shareholder in Manchester United and taking over control of sporting operations.
Lakshmi Mittal and family
Indian-born Lakshmi Mittal is a steel magnate, based in London. He stands as the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam.
John Fredriksen and family
Owner of the world's largest oil tanker fleet, Norwegian-born Cypriot oil tanker and shipping businessman John Fredriksen has holdings across multiple companies, earning him a fortune of £13. billion.
Igor and Dmitry Bukhman
Igor and Dmitry Bukhman, founders of online gaming company Playrix, best known for its mobile-app games such as Township,Homescapes and Fishdom.
Michael Platt
Co-founder and managing director of BlueCrest Capital Management Michael Platt makes it into the top 10 with a £500 million boost to his billionaire forutne over the last 12 months.
