Business

Hinduja brothers top UK rich list, Reuben brothers second

Hinduja brothers top UK rich list, Reuben brothers second

TIL Desk/Business/London/ Indian-origin brothers dominate the annual rich list of Britain’s wealthiest, with the Hinduja brothers ranked at No. 1 with a fortune of 22 billion pounds followed by Mumbai-born Reuben brothers in second place with 18.66 billion pounds.

Srichand and Gopichand Hinduja, who run the Hinduja Group of companies in the UK, registered a 1.35 billion pounds jump in their fortunes over the previous year to return to the top of the Sunday Times Rich List’ after topping it back in 2014 and 2017.

“Whether or not Britain leaves the EU, Gopi Hinduja is convinced it can forge a closer relationship with his family’s homeland,” notes the newspaper’s profile on the 79-year-old Co-Chair of the Hinduja Group, G P Hinduja.

The London-based industrialist, along with UK-based brother Sri, 83, and their brothers Prakash, 73, and Ashok, 68, who live in Geneva and Mumbai respectively, control more than 50 companies with a total turnover of nearly 40 billion pounds worldwide in 2018, notes the Rich List.

The family occupies four interconnected London homes in Carlton House Terrace, bought from Queen Elizabeth II in 2006. Their business empire was founded by father Parmanand in Mumbai in 1914.

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