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The billionaire 100 club: Peter Hargreaves' inexorable rise

by Dylan Lobo on May 12, 2014 at 08:01

The Indian-born Hinduja brothers, Sri and Gopi, top the list with an £11.9 billion. The pair’s conglomerate, Hinduja Group, covers banking, oil, media and electricity.

The brothers stole Alisher Usmanov’s crown, who dropped to second spot after a £2.65 billion slump in his fortune in 2013, leaving it standing on £10.65 billion. The Russian, who owns a 30% stake in Arsenal football club, was hurt by the crisis in Ukraine which triggered a tumble in the rouble.

Fellow Russian and Chelsea football club owner Roman Ambramovich was also impacted by Ukraine, with his wealth declining by £780 million to £8.52 billion. 

The list contains three billionaires from the hedge fund world; Brevan Howard founder Alan Howard saw his wealth rise by £100 million to £1.6 billion and Blue Crest fund manager Michael Platt earned £550 million to lift his fortune to £1.5 billion. CQS owner Sir Michael Hintze completes the trio with a £155 million rise to £1.055 billion.

Elsewhere, it was good year for Bruno Schroder and family, who enjoyed a £1 billion rise to increase its total to £2.87 billion.

Meanwhile, Ashmore boss Mark Coombs is sitting on £1.19 billion, although his wealth depleted by £46 million on poor sentiment in emerging markets.

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1 comment so far. Why not have your say?

Anonymous 1 needed this 'off the record'

May 12, 2014 at 08:48

And Peter is such a lovely guy as well..

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