Russian businessman Alisher Usmanov has topped the Sunday Times ranking of the wealthiest people in Britain and Ireland with a fortune of £13.3bn.The Surrey-based tycoon, 59, who has a 30% stake in Arsenal football club, owns iron ore producer Metalloinvest.
Warner Music's Len Blavatnik comes next in the 25th annual list with £11bn but steel magnate Lakshmi Mittal's £10bn sees him drop from first to fourth.
The 1,000 richest people in Britain and Ireland share a wealth of £450bn.
The highest British-born person in the list is the Duke of Westminster in eighth place with £7.8bn from property. He is the only person to make the top 10 of the list in each of its 25 years.
Sir Richard Branson, founder of the Virgin brand, is in 19th place with £3.5bn and Chelsea FC's Russian owner Roman Abramovich, who made his fortune in the oil industry, is down two places to fifth with £9.3bn.
In third place are Sri and Gopi Hinduja, of the London-based global conglomerate Hinduja Group, with £10.6bn.
Rich List top 10
1. (2) Alisher Usmanov (mining and investment) £13.3bn
2. (5) Len Blavatnik (investment, music and media) £11bn
3. (4) Sri and Gopi Hinduja (industry and finance) £10.6bn
4. (1) Lakshmi Mittal and family (steel) £10bn
5. (3) Roman Abramovich (oil and industry) £9.3bn
6. (9) John Fredriksen and family (shipping and oil services) £8.8bn
7. (8) David and Simon Reuben (property and internet) £8.2bn
8. (7) The Duke of Westminster (property) £7.8bn
9. (6) Ernesto and Kirsty Bertarelli (pharmaceuticals) £7.4bn
10. (11) Charlene and Michel de Carvalho (inheritance, brewing and banking) £7bn
Source: Sunday Times Rich List (last year's positions in brackets)
Source: BBC 4/21/2013
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