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Rich List 2019: Hinduja brothers top rankings for third time

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Brothers Gopichand and Srichand HindujaImage copyright
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British brothers Gopichand and Srichand Hinduja have a combined net worth of £22bn, the Sunday Times estimates

The billionaire Hinduja brothers have been named as the wealthiest people in the UK for a third time, according to the Sunday Times Rich List.

Sri and Gopi Hinduja saw their fortune increase by £1.356bn in the last year to £22bn, the paper estimates.

Meanwhile, chemicals firm founder Sir Jim Ratcliffe, who topped last year’s list, has slipped to third place.

And Valerie Moran becomes the first black female entrepreneur ever to make the paper’s Rich List.

Family business the Hinduja Group was founded in Mumbai in 1914, and now has interests around the world including in oil and gas, banking, IT and property.

British citizens Sri, 83, and Gopi, 79, who are based in London, are two of the four brothers controlling the empire.

Among the properties they own is the Old War Office in Whitehall, which they hope to reopen as a luxury hotel.

The two brothers topped the newspaper list in 2014 and in 2017.

The list, which estimates the 1,000 richest people in the UK, is based on identifiable wealth including land, property, other assets such as art, and shares in companies, the Sunday Times says. It does not include the amount contained in people’s bank accounts.

Brothers David and Simon Reuben – who made their fortune in property, carpets and scrap metal – are in second place on the list, with a combined wealth of £18.664bn.

Meanwhile, the richest person on last year’s list, Sir Jim Ratcliffe, who founded the Ineos chemicals firm, saw his net worth drop by £2.9bn since last year, the paper says.

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Sir Jim Ratcliffe once lived in a council house near Manchester and now has an estimated net worth of £18.15bn

Inventor Sir James Dyson – who campaigned for Brexit and has announced he would be relocating his company headquarters to Singapore – comes in at fifth on the list, up from 12th last year.

Zimbabwe-born Ms Moran is the first black female entrepreneur on the Rich List, ranking joint 970th alongside her husband, Noel. The couple, whose combined fortune is estimated at £122m, have a 81.5% stake in financial technology company Prepaid Financial Services.

Kirsten Rausing, part of the Rausing family which was behind the Tetra Pak drinks carton empire, is the highest ranked woman on the list. She appears alongside her brother Jorn Rausing in sixth place, with a combined estimated wealth of £12.256bn.

Meanwhile, Sir Philip Green and his wife Tina are placed at 156th on the list, down from 66th last year. His fortune has been estimated at £950m – the first time in 17 years that Sir Philip has not been listed as a billionaire.

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Sir Philip Green’s Arcadia Group – which includes Topshop, Burton and Dorothy Perkins – was valued at worthless in this year’s list

Sir Philip’s company, The Arcadia Group, has been coping with a pensions deficit.

Robert Watts, who compiled this year’s list, said: “On the face of it this looks like a bumper year for the super-rich, with record wealth, more billionaires and the entry level rising to £120m.

“But many of the rich are nursing big losses after a year of turbulence on the stock market and political deadlock in Westminster.

“Technology is making and breaking fortunes. We are finding young entrepreneurs making vast sums of money from online fashion retail, dating apps and creating YouTube videos.”

He added that online shopping “continues to have a profound effect” on UK high streets, adding that well known retailers “are seeing their fortunes smashed by this seismic change”.

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Billionaire Roman Abramovich, who no longer has a UK visa, saw his net worth increase by £1.888bn since last year’s list

For the sixth year in a row, Scotland’s richest person was named as Glenn Gordon and his family, the Jersey-based tycoon behind distillers William Grant & Sons. The group produces whisky including Grant’s, Glenfiddich and The Balvenie, as well as Hendrick’s gin.

And Cardiff-born venture capitalist Sir Michael Moritz remains Wales’ richest person with a £3bn fortune.

The richest sports star aged 30 or under was named as Northern Irish golfer Rory McIlroy.

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Theatre composer Andrew Lloyd Webber, 71, is the UK’s richest musician, according to the Sunday Times Rich List

Meanwhile, top of the Music Rich List in the UK – which includes writers and performers – is Andrew Lloyd Webber with a fortune of £820m.

Musician Ed Sheeran doubled his wealth last year, while grime artist Stormzy made his debut on the rich list of young musicians with £16m.

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Police And Demonstrators Clash, Ending Stretch Of Calm : NPR

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Police and pro-democracy demonstrators clashed during a protest in Hong Kong on Saturday. The protests in Hong Kong started in June over an unpopular bill that would allow extraditions to mainland China.

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Police and pro-democracy demonstrators clashed during a protest in Hong Kong on Saturday. The protests in Hong Kong started in June over an unpopular bill that would allow extraditions to mainland China.

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After a stretch of relative peace in Hong Kong, a standoff between protesters and riot police became violent again on Saturday.

Police fired tear gas after pro-democracy demonstrators blocked roads with barricades made of bamboo sticks and hurled bricks, in the district of Kwun Tong.

In a statement, police said protesters paralyzed traffic and affected emergency services in the area near a police station.

Protesters tore down and dismantled “smart lamp posts” out of a fear that they contain high-tech cameras and facial recognition software used for surveillance by authorities in China.

Some used an electric saw, attempting to slice through the bottom of the lamppost, while others tied a rope around it to successfully bring it crashing to the ground, the Associated Press reported.

The government in Hong Kong insists that the lampposts only collect data on weather, air quality and traffic, according to the AP.

There are plans to install about 400 of these smart lampposts over a three-year period, according to a government report.

Demonstrators try to pull down a smart lamppost during the protest in Hong Kong on Saturday that turned violent. The smart lampposts are raising fears of stepped-up surveillance from authorities.

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Demonstrators try to pull down a smart lamppost during the protest in Hong Kong on Saturday that turned violent. The smart lampposts are raising fears of stepped-up surveillance from authorities.

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The latest skirmish marked the 12th straight weekend of demonstrations in Hong Kong and ended nearly two weeks of relative calm, according to the AP.

Just a day before, thousands of Hong Kongers held hands and formed human chains, in a peaceful bid to gain support from the international community, NPR’s Anthony Kuhn reported.

On Saturday, Hong Kong’s chief executive Carrie Lam expressed a desire to open a dialogue on Facebook.

“I don’t expect that dialogue will be able to easily untangle this knot, stop the demonstrations or provide a solution to the problem,” Lam wrote. “But continuing to fight is not a way out.”

“After more than two months, everyone is tired. Can we sit down and talk about it?” she wrote.

Just a few hours later, protests in Kwun Tong turned violent, according to the New York Times.

The protests in Hong Kong originally began in June over a bill that would have allowed some extraditions of Hong Kong residents to mainland China. The bill sparked a backlash among those who saw it as a violation of the “one country, two systems” agreement that was formed in 1997 when Hong Kong was returned to China from the British.

The bill has since been shelved but it’s not formally dead. Hong Kong’s government indefinitely suspended the legislation in June but hasn’t withdrawn it entirely from the legislative process.

The demands from the movement have since expanded and now include calls to investigate excessive police violence during the demonstrations and a more transparent and open government.

Also on Saturday, Simon Cheng, a worker from the British Consulate in Hong Kong, was released after being detained in mainland China.

Cheng disappeared on a business trip in mainland China two weeks ago amid the rising tensions between Beijing and London.

It wasn’t immediately clear whether Cheng’s detention had anything to do with Britain’s support of the pro-democracy protests, NPR’s Scott Neuman reported.

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EPL live scores and result

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You can find our lives cores at the bottom of this preview.

Early Premier League leaders Liverpool and
Arsenal face-off at Anfield on Saturday where one of the only two remaining 100
percent records in the Premier League will go.

 The
European champions will hope to continue a fine recent record against the north
Londoners.

Jurgen Klopp has never lost in seven
previous Premier League meetings against Arsenal and his side have beaten the
Gunners 4-0 and 5-1 at home in the past two seasons.

However, Unai Emery’s outfit are hoping a
busy summer in the transfer window, while Liverpool did not strengthen, will
have significantly narrowed the 27-point gap between the sides last season.

Emery could hand a first start to £72
million ($87 million) club record signing Nicolas Pepe, while on-loan Real
Madrid midfielder Dani Ceballos earned rave reviews by creating both goals on
his full debut against Burnley last weekend.

This can 
be seen as an early opportunity for veteran centre-back David Luiz to
make his mark by halting the free-scoring trio of Sadio Mane, Roberto Firmino
and Mohamed Salah, who combined for all five Liverpool goals when the sides
last met.

The Gunners 
have some outstanding finishers of their own. Pierre-Emerick Aubameyang,
who shared the Premier League Golden Boot with Mane and Salah last season, has
scored his side’s winner in the first two games of the campaign

English Premier League live scores on 23-25 August

Get the latest English Premier League scores below. Get fixtures and results from all the weekend’s English Premier League matches here.

Scores will be live at kick off.

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WRAP: Absa Premiership | Sport24

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Cape Town – A comprehensive wrap of all the kick-off times, results and match reports for the weekend’s Absa Premiership matches:

SATURDAY, AUGUST 24

Golden Arrows 2-1 Chippa United

Black Leopards 1-1 Highlands Park

Kaizer Chiefs v SuperSport United – 18:00

SUNDAY, AUGUST 25

Stellenbosch FC v Maritzburg United – 15:00

Baroka FC v Bloemfontein Celtic – 15:00



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