Rich List 2018: The UK’s 50 wealthiest property tycoons

The Reubens slip down a place in the overall rankings but remain at the top of the real estate tree…

Industrialist Jim Ratcliffe’s remarkable rise from Manchester council estate to top dog in Rich List grabbed all the headlines at the weekend, but how have the fortunes of the UK’s biggest property moguls fared over the 12 months?

The Ineos chief had a very big year – big enough in fact to push out of the top three – but the mega-successful Indian-born brothers are still the top-ranking real estate players in the UK and made yet another marquee splash just last week, snapping up the iconic Burlington Arcade in Mayfair off Thor Equities and Meyer Bergman for £300m. Their wide-ranging portfolio currently includes 16 racecourses, the , and huge swathes of London’s West End, including the soon-to-be-transformed In & Out Club building on Piccadilly.

The ongoing travails of the London property market appear to have had little impact on the top 50 – all but five saw their fortunes rise over the last year, with notable uplifts for the Duke of Westminster and the Grosvenor family (+£444m), Sir Henry Keswick and family (+£1,522m), and Barnaby and Merlin Swire and family (+£1,150m).

Here’s the rundown of top 50 Rich Listers involved in property…

Rank

2018 (2017)

Name Worth Rise/Fall Source of wealth

4 (3) David and Simon Reuben £15,096m £1,096m Property, Internet

10 (9) The Duke of Westminster and the Grosvenor family £9,964m £444m Property

15 (15) Sir David and Sir Frederick Barclay £7,400m £200m Property, Media, Internet retailing

20 (17) Earl Cadogan and family £6,700m £200m Property

27 (36) Sir Henry Keswick and family £4,782m £1,522m Property, Retailing, Hotels

28 (21) John Grayken £4,763m £323m Property, Investment

30 (30) Baroness Howard de Walden and family £4,015m £285m Property

31 (27=) Nathan Kirsh £3,944m £33m Property, Investment, Cash and carry

33 (31) Ian and Richard Livingstone £3,800m £100m Property

38 (37) Eddie and Sol Zakay £3,420m £170m Property 39 (55) Barnaby and Merlin Swire and family £3,300m £1,150m Property, Transport, Industry

41 (38) Mark Pears and family £3,245m £105m Property

44 (43) Samuel Tak Lee and family £3,037m £301m Property

52= (46) Richard Desmond £2,600m £100m Property, Media

52= (45) Teddy Sagi £2,600m £53m Software, Property

61 (53) John Whittaker and family £2,250m £50m Property

63 (60=) Bernard Lewis and family £2,125m £125m Property, Fashion

65 (59) Viscount Portman and family £2,003m – Property

66= (60=) Sheikh Hamad bin Jassim Al Thani £2,000m – Investment, Property

66= (70) The Lazari family £2,000m £223m Property

84 (80) Benzion Freshwater and family £1,615m £21m Property

85 (86=) Eddie and Malcolm Healey £1,600m £120m Property, Kitchens

90= (103=) John Christodoulou £1,500m £250m Property

90= (84=) Poju and Anita Zabludowicz £1,500m – Property, Hotels

94 (93) Wafic Said £1,420m £40m Finance, Property

95 (92) Georg and Emily von Opel £1,416m – Finance, Property

98 (94) Jon Hunt £1,400m £40m Property, Estate agency

105= (130) Raj, Tony and Harpal Matharu and family £1,300m £283m Property, Hotels

105= (103=) Lord Sugar £1,300m £50m Property

110= (112) Simon Nixon £1,250m £74m Internet, Property

112 (114=) Tony Murray and family £1,225m £55m Property, Plant hire, Fire protection

124 (126) Henning Conle and family £1,142m £80m Property

126= (121=) David Sullivan £1,100m – Property, Media

133 (129) Lord Edmiston £1,040m £20m Property, Car sales

136= (152=) Trevor Hemmings £1,000m £150m Property

136= (140=) Jim Mellon £1,000m £80m Property, Finance

151 (152=) Tony Gallagher £925m £75m Property 152 (149) The Earl of Iveagh and the Guinness family £922m £32m Property, Brewing

154= (159) Peter Jones and family £900m £87m Property

163 (151) Manfred Gorvy and family £873m £19m Property, Food

167= (166) Luke and Brian Comer £800m £30m Property

173 (135) Lev Leviev £778m £208m Diamonds, Property

177 (182) Paul Sykes £770m £60m Property

191= (220) Lloyd Dorfman and family £720m £164m Foreign exchange, Property

191= (201) Freddie Linnett and the Murphy family £720m £80m Property

194 (234=) Fawn and Rose James £715m £185m Property

197= (161=) Sir Donald Gordon and family £700m £100m Property

197= (160) David Ross £700m £103m Mobile phones, Property

205 (245=) Sten Mortstedt and family £675m £175m Property

207= (242) Richard Caring £650m £140m Restaurants, Property

Source: The Sunday Times 13th May 2018