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Sunday Times rich list

April 23, 2013

Billionaire Russians, commodity dealers and property magnates are pushing family business owners out of the list of the richest individuals in the UK, according to an analysis of the annual Sunday Times Rich List.

Billionaire Russians, commodity dealers and property magnates are pushing family business owners out of the list of the richest individuals in the UK, according to an analysis of the annual Sunday Times Rich List.

Out of the top 100 wealthiest individuals in the list, 40 were either owners of a family business or their fortune was connected to such a business. That compares to 53 individuals in last year’s list.

April 30, 2012

Family businesses are crucial to wealth creation in the UK as demonstrated by the latest Sunday Times Rich List, where more than half of the top 100 richest people had family companies to thank for their fortunes.

Family businesses are crucial to wealth creation in the UK as demonstrated by the latest Sunday TimesRich List, where more than half of the top 100 richest people had family companies to thank for their fortunes.

Led by steel tycoon Lakshmi Mittal and his family, worth £12.7 billion (€15.6 billion), the top 100 boasts 53 people and families that owe their wealth to family-run groups, accounting for a total of £140 billion.

September 7, 2011

Many of South Africa’s wealthy entrepreneurs are likely to pass their businesses on to family members or retain some family control of the enterprises, according to a leading academic. 

Many of South Africa’s wealthy entrepreneurs are likely to pass their businesses on to family members or retain some family control of the enterprises, according to a leading academic.

Dr Margaret Cullen, co-director of the Nelson Mandela Metropolitan University’s Family Business Unit, said there is a strong history of family businesses in the country and this is likely to continue.

September 1, 2011

Is a degree key to success or are family members better off jumping straight into the business? For some, like Sir Anthony Bamford, the billionaire chairman at JCB, joining the family business was the preferred option.  

Every August, British newspapers are full of pictures of smiling young people, jumping for joy with hands clutched around a piece of paper.

In the accompanying articles, the students, who’ve just received their A-level results - the final set of secondary education exams in the UK - outline their plans for the future. “It’s medicine at Durham University for me”, or “I’m doing law at Oxford”, they say, setting out on the same career path as their parents, or carving out their own niche.

May 1, 2006

Three of the top 20 entries in the recently published Sunday Times Rich List are Indian families. Melanie Stern reports on how Asian family businesses have brought a certain flair and determination to the UK economy – a good reason to celebrate

Melanie stern is section editor of Families in Business.

Three of the top 20 entries in the recently published Sunday Times Rich List are Indian families. Melanie Stern reports on how Asian family businesses have brought a certain flair and determination to the UK economy – a good reason to celebrate

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