UNITED KINGDOM: Hinduja family topped the Asian Rich list in the UK for the 8th consecutive year this year with an estimated wealth of £30.5 billion, an increase of £3 billion over last year.
The Mayor of London Sadiq Khan presented a copy of the Asian Rich list 2022 to Ritu Chhabria, daughter of Gopichand Hinduja, Co-Chairman of the Hinduja Group at the 24th annual Asian Business Awards at the Westminster Park Plaza hotel on Wednesday night.
British Prime Minister Rishi Sunak and his wife Akshata Murty have made their debut on the Asian Rich list 2022 which profiles the 101 wealthiest Asians in Britain.
Sunak and his wife, whose father N R Narayana Murthy, co-founded the Indian IT major, Infosys, are ranked 17th in the list, with an estimated wealth of £790 million.
The combined wealth of this year’s Rich List sits at £113.2 billion, an increase of £13.5 billion over that of last year.
Addressing the gathering, Chief Guest Rt. Hon. Oliver Dowden, MP, Chancellor of Dutchy of Lancaster, said “every year we see the British Asian Community continue to grow in stature which comes as no surprise to me personally. Throughout my life, I have seen firsthand the hard work, determination, and entrepreneurship of the British Asian community. And of course, in my latest job, I have a British Asian Boss, my very good friend Mr. Rishi Sunak, the United Kingdom’s first ever British Asian Prime Minister.
“I want to say thank you. The British Asian business community is widely recognized as one of the most successful entrepreneurial groups ever. It is a remarkable story of building businesses creating jobs and amassing wealth. And as outlined in this year’s Asian Rich List, Asian entrepreneurs have enriched Britain in all aspects of our national life.”
This year’s Asian Rich list boasts 16 billionaires from the UK, 1 more than last year with most of the billionaires seeing their wealth increase or stay the same as last year.
Sri Prakash Lohia and their family have seen the biggest increase in wealth on this year’s list, a rise of £4 billion to £8.8 billion.
Lakshmi Mittal and his son Aditya (£12.8 billion) and Prakash Lohia and family (£8.8 billion) and Nirmal Sethia (£6.5 billion) are the other richest on the list.
Shailesh R. Solanki, the Executive Editor of Asian Marketing Group (AMG), and host of the event, said “The Asian Rich list is carefully compiled by a team of experts and it is the definitive guide to Asian wealth in Britain