The Hinduja family, of Indian origin, has once again secured the top position in the UK’s Sunday Times Rich List for 2025, marking their fourth consecutive year at the summit. Led by Gopichand Hinduja, the family’s net worth stands at £35.3 billion, a slight decrease from the previous year’s £37.2 billion.
For fourth year, the Hinduja Group, a diversified conglomerate with interests spanning automotive, banking, media, and energy sectors, employs approximately 200,000 people worldwide. Despite the minor dip in wealth, the family’s sustained position atop the list underscores their significant influence in the UK’s economic landscape.
The 2025 Rich List also highlights a broader trend: a notable decline in the number of UK-based billionaires. The count has dropped from 165 in 2024 to 156 in 2025, marking the largest decrease since the list’s inception in 1989. This downturn is attributed to factors such as global market volatility, changes in UK tax policies—including the abolition of the ‘non-dom’ tax status—and geopolitical tensions affecting investor confidence.
Other prominent figures in the top ten include David and Simon Reuben, with a combined wealth of £26.87 billion, and Sir Leonard Blavatnik at £25.73 billion. Indian steel magnate Lakshmi Mittal and his family are ranked eighth, with a net worth of £14.92 billion.
The Rich List also notes the financial standings of notable public figures. King Charles’s personal wealth has risen to £640 million, placing him at 258th on the list. Former Prime Minister Rishi Sunak and his wife Akshata Murty have moved up to the 238th position, with their wealth primarily stemming from Murty’s significant shareholding in Infosys.
The 2025 Sunday Times Rich List reflects the dynamic nature of wealth accumulation and distribution in the UK, influenced by both domestic policies and global economic factors. While some fortunes have waned due to market and policy shifts, others, like the Hinduja family’s, demonstrate resilience and sustained growth in a changing financial landscape.