Sunday Times Rich List 2022: Sunaks join wealthy elite as UK billionaires swell to record level

Thousands in the UK are struggling with rising prices and higher bills this year, but the country has seen a huge spike in the number of people becoming billionaires.

5/20/2022 10:17:00 AM

Rishi Sunak and Akshata Murty have made the Sunday Times Rich List for the first time. It comes as typical UK households come under increased financial pressure from inflation, which struck a 40-year-high of 9% in April. 📺 Sky 501 and YouTube

Thousands in the UK are struggling with rising prices and higher bills this year, but the country has seen a huge spike in the number of people becoming billionaires.

Friday 20 May 2022 08:22, UKImage:Why you can trust Sky NewsThe UK now has a record number of billionaires with 177, according to the new Sunday Times Rich List.That's up six from 2021 - and the combined wealth of the UK's billionaires stands at £653bn, up more than £55bn (9.4%) on the total wealth of the billionaires in last year's Rich List.

The London-based Hinduja brothers, Sri and Gopi, and family are the richest people in the UK with a £28bn fortune, which is up more than £11bn on last year.It is the biggest fortune recorded in the 34 years of publication of theRich List.Overall, the richest 250 people in the UK this year are worth £710.723bn, compared to £658.089 billion in 2021, an 8% rise on last year.

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