According to the Sunday Times rich List 2024

The Sunday Times Rich List is a list of the 1,000 wealthiest people or families in the United Kingdom, updated annually in April and published as a magazine supplement by British national Sunday newspaper The Sunday Times since 1989

The richest Cypriots are highlighted below.

Alki David at number 60 is Alki David and the Leventis family with a value of £2.786 Billion Alki David was born In Nigeria his parents from Cyprus and lives here in the UK and Los Angeles. David, who has appeared as heavies and the like in films or TV series in Britain, runs FilmOn, a patented live-streaming Internet business, allowing access to live HDTV streaming via PCs, televisions and cell phones . David had a controlling 80% stake. Alki David is a member of the prominent Cypriot Leventis family who merged its worldwide bottling operation with Coca Cola to create London listed international drinks bottler Coca Cola HBC.

John Christodoulou is in the List at number 70 with a value of £2.5 Billion
John Christodoulou Born in Cyprus, he fled the country with his family after the Turkish invasion of the island in 1974 and resettled in the U.K.
He decided to drop out of school at age 16 and worked as a diamond mounter, using his early profits to buy his first property: a studio apartment in London.
The Yianis Group’s portfolio includes residential, retail, office and hotel properties, including 5 hotels in the UK.
The Monaco resident still maintains close ties with his birth country and his Yianis Christodoulou Foundation supports children’s education around the world, especially his place of birth Cyprus.

 

Lazari Family at number 74 is the Lazari family with a value of £2.4 Billion

The Lazaris purchased. acquired the iconic Fenwick department store on Bond Street.

Located on London’s most famous shopping street, the purchase closed at around £430 million.

The founder Christos Lazari was born in Dora, Limassol arrived in Britain at 16 years old In the early seventies he started working in the dress business eventually owning his own dress manufacturing business Drendie Girl before entering in the property investment business

The business is run by his sons Len and Nick and daughter Andrie.


Sir Stelios Haji-Ioannou at number 95 is Sir Stelios Haji-Ioannou and family with a value of £1.78 Billion

The son of a Greek Cypriot shipping magnate, Stelios Hadjioannou below gets the bulk of his fortune from his stake in budget airline easyJet.
Stelios founded easyJet in 1995 after leaving his father’s company; his siblings Clelia and Polys both have large stakes in the airline.
Stelios maintains ownership of the easy brand through his private company, easyGroup.
Through his easyGroup, Stelios has licensed the easy name to such businesses as easyHotel, easyCar and easyCoffee.

The overall wealth of the 350 richest in the Sunday Times list is greater than the GDP of Poland, but the number of billionaires in the UK has dropped. While some leave, others join – among them Sir Paul McCartney, who is now Britain’s first musician in the billionaire club.
“Many of our home-grown entrepreneurs have seen their fortunes fall and some of the global super rich who came here are moving away.
“Thousands of British livelihoods rely on the super-rich to some extent. We’ll have to wait and see whether we have now reached peak billionaire, and what that means for our economy.”
Top of the list is British-Indian businessman Gopi Hinduja and his family, whose wealth of £37.2bn is the largest fortune in the ranking’s history.

Who makes the top 10?
According to the Sunday Times, the 10 richest families and individuals in the UK, the estimated value of their fortunes and the primary source of their wealth are:
Gopi Hinduja and family – £37.2bn (industry and finance)
Sir Leonard Blavatnik – £29.25bn (investment, music and media)
David and Simon Reuben and family – £24.98bn (property and internet)
Sir Jim Ratcliffe – £23.52bn (chemicals)
Sir James Dyson and family – £20.8bn (household goods and technology)
Barnaby and Merlin Swire and family – £17.2bn (transport)
Idan Ofer – £14.96bn (shipping)
Lakshmi Mittal and family – £14.92bn (steel)
Guy, George, Alannah and Galen Weston and family – £14.49bn (retail and real estate interests, including Primark)
John Fredriksen and family- £12.87bn (shipping and oil services)

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