LONDON: Indian-origin brothers dominate the annual rich list of Britain’s wealthiest, with the Hinduja brothers ranked at no. 1 with a fortune of 22 billion pounds, followed by Mumbai-born
Reuben brothers
in second place with 18.66 billion pounds.
Srichand and
Gopichand Hinduja
, who run the
Hinduja Group of companies in the UK, registered a 1.35 billion pounds jump in their fortunes over the previous year to return to the top of the ‘Sunday Times Rich List’ after topping it back in 2014 and 2017.
“Whether or not Britain leaves the EU, Gopi Hinduja is convinced it can
forge
a closer relationship with his family’s homeland,” notes the newspaper’s profile on the 79-year-old co-chair of the Hinduja Group, G P Hinduja.
The London-based industrialist, along with UK-based brother Sri and their brothers Prakash and Ashok control more than 50 companies with a total turnover of nearly 40 billion pounds in 2018, notes the Rich List.
The Hindujas, described as devout Hindus, have stakes in oil and gas, IT, energy, media, banking, property and healthcare. Some of the biggest hike in profits last year came from London-registered Hinduja Automotive, which includes North Yorkshire bus maker
Optare
and saw profits rise by 50% to 337 million pounds on 3.5 billion pounds sales in 2017-18.
The Reuben brothers, who were ranked fourth in 2018, also saw a massive 3.56 billion pounds jump in their fortunes. David, 80, and Simon, 77, have been on a buying spree, taking hold of 1 billion pounds of London property last year.
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