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Rich List 2018: the UK’S 50 Wealthiest Property Tycoons

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Rich List 2018: the UK’S 50 Wealthiest Property Tycoons 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 the Sunday Times 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 David and Simon Reuben 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 Millbank Tower, 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 India 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 .
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