Warner Music owner Len Blavatnik is Britain's richest man with a £13.17bn fortune, but the Queen has dropped out of the top 300 for the first time, according to the Sunday Times. Warner Music owner Len Blavatnik is Britain's richest man with a £13.17bn fortune, but the Queen has dropped out of the top 300 for the first time, according to the Sunday Times.
The richest people in Britain suffered from the worst fall in fortune since the credit crunch in 2007, according to The Sunday Times Rich List 2016. And next year's numbers are likely to cause more pain for the super-rich considering the country voted for Brexit and oil prices still remain low.
Ernesto is Switzerland's richest man after he sold his family's pharmaceutical company Serono, which was Europe's biggest biotech firm at the time, to German drugmaker Merck in 2006 for £9 billion. His combined wealth with his wife, Kirsty, the singer and model he married in 2000, makes her the richest woman in Britain.
The newspaper, which lists the 1,000 wealthiest individuals and families in the UK, said that the commodities-market crash has had such a pronounced effect on some of Britain's most wealthy people that they've seen their fortunes crater by over 50% over the last few years.
Major General Gerald Cavendish Grosvenor, 6th Duke of Westminster, KG CB CVO OBE TD CD DL (22 December 1951 – 9 August 2016) was a British landowner, businessman, philanthropist, Territorial Army general and hereditary peer. He was the son of Robert George Grosvenor, 5th Duke of Westminster and Viola Grosvenor.