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The economic downturn has seen £155 billion removed from the coffers of Britain’s richest 1,000 people, thats more than a third of their wealth.
The 2009 Sunday Times Rich List reveals that this is the biggest annual fall since it was first compiled 21 years ago and that the number of billionaires has fallen from 75 to 43.
Here are the top 25:
| Rank | Name | Worth | Source of wealth | | 1 | Lakshmi Mittal and family | £10,800m | Steel | | 2 | Roman Abramovich | £7,000m | Oil, Industry | | 3 | The Duke of Westminster | £6,500m | Property | | 4 | Ernesto and Kirsty Bertarelli | £5,000m | Pharmaceuticals | | 5 | Hans Rausing and family | £4,000m | Packaging | | 6 | Sir Philip and Lady Green | £3,830m | Retailing | | 7 | Charlene and Michel de Carvalho | £2,960m | Inheritance, Brewing | | 8 | Sammy and Eyal Ofer | £2,677m | Shipping , Property | | 9= | David and Simon Reuben | £2,500m | Property | | 9= | Joe Lewis | £2,500m | Foreign exchange, Investment | | 9= | John Fredriksen | £2,500m | Shipping | | 9= | Kirsten and Jorn Rausing | £2,500m | Inheritance, Investment | | 13 | Sean Quinn and family | £2,295m | Property, Insurance | | 14 | Earl Cadogan and family | £2,000m | Property | | 15 | Alan Parker | £1,800m | Duty-free shopping | | 16 | Sir Ken Morrison and family | £1,610m | Supermarkets | | 17 | Roddie Fleming and family | £1,550m | Finance | | 18= | Alisher Usmanov | £1,500m | Steel, Mines | | 18= | Eddie and Sol Zakay | £1,500m | Property | | 18= | Mahdi al-Tajir | £1,500m | Metals, Oil | | 18= | Mark Pears and family | £1,500m | Property | | 18= | Nicky Oppenheimer | £1,500m | Diamonds, Mining | | 18= | Poju Zabludowicz | £1,500m | Property, Hotels | | 24 | Bernie Ecclestone | £1,466m | Motor racing | | 25= | Ian and Richard Livingstone | £1,400m | Property | For the full list clear here
Recruiters in the City take home the fourth highest average annual income, according to a new report.The Route City Wealth Club’s Top Wealth Generating Careers Report 2008 found that senior professionals and directors of recruitment agencies earn on average £477,500 a year. Only traders and finance and legal professionals earn a higher average annual income. This report reveals that high earners in the top 10 most lucrative careers in the City take home an average of £534,400 per year with their bonus making up almost 50% of their annual income. On average, Traders (£1,449,000) earned the most from their occupation followed by those who worked in General Finance (£1,027,800) and in the Law (£572,800). At the other end of the scale, those in the more creative entrepreneurial careers such as Media (£170,200) and Property Investment (£312,700) earned considerably less. Performance related bonuses were a significant percentage of annual income for the top three highest paid careers with them accounting for 82% (Traders), 70% (General Finance) and 37% (Legal) respectively. The report also revealed that the peak years for recruiters are between the ages of 41 and 45 years when their average earnings peak at £583,300, while the average earnings for a 20-year career in recruitment is £9,197,900.
Mark Worrall, Managing Director, The Route, comments: “Many of our members work in intensely pressurised careers that have a relatively short life span with only 20 ‘peak earning years’ and are very focused on performance related bonuses.So while they have the opportunity to earn more than half a million a year, this part of their working life generally doesn’t last very long. Most are facing “Retirement” at 45 – 50, thus it is vital that they manage the income from their hard work well.”
It's that time of year again when the Times reminds us of the richest people on our little Island.
Here are the top 25 are you amongst them?
 New entry  Up  Down  No change in rank (2007 rank in brackets)
| Rank |
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| Name | Worth | Source of wealth |
|---|
| 1 | (1) | | Lakshmi Mittal and family | £27,700m | Steel | | 2 | (2) |  | Roman Abramovich | £11,700m | Oil, Industry | | 3 | (3) | | The Duke of Westminster | £7,000m | Property | | 4 | (4) | | Sri and Gopi Hinduja | £6,200m | Industry, Finance | | 5 |
| | Alisher Usmanov | £5,726m | Steel, Mining | | 6 |
|  | Ernesto and Kirsty Bertarelli | £5,650m | Pharmaceuticals | | 7 | (6) | | Hans Rausing and family | £5,400m | Packaging | | 8 | (8) | | John Fredriksen | £4,650m | Shipping | | 9 | (7) | | Sir Philip and Lady Green | £4,330m | Retailing | | 10 | (9) |  | David and Simon Reuben | £4,300m | Property | | 11 |
| | Leonard Blavatnik | £3,974m | Industry | | 12 | (12=) |  | Sean Quinn and family | £3,730m | Property, Insurance | | 13 | (12=) | | Charlene and Michel de Carvalho | £3,630m | Inheritance, Brewing, Banking | | 14 | (15) | | Kirsten and Jorn Rausing | £3,500m | Inheritance, Investments | | 15 |
| | Sammy and Eyal Ofer | £3,336m | Shipping, Property | | 16 | (19) | | Vladimir Kim | £2,987m | Mining | | 17 | (17) | | Earl Cadogan and family | £2,930m | Property | | 18 |
| | Nicky Oppenheimer | £2,870m | Diamonds, Mining | | 19 | (16) | | Joe Lewis | £2,800m | Foreign exchange, Investments | | 20 | (11) | | Sir Richard Branson | £2,700m | Transport, Internet, Mobile phones | | 21= | (5) | | David Khalili | £2,500m | Art, Property | | 21= |
| | Lev Leviev | £2,500m | Property, Diamonds | | 23 | (42) | | Anil Agarwal | £2,450m | Mining | | 24 | (20) | | Bernie and Slavica Ecclestone | £2,400m | Motor racing | | 25 | (10) | | Jim Ratcliffe | £2,300m | Chemicals
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For a full interactive list click here
Not interested in watching the FA Cup Final, then why not visit the executive property Exhibition to be held at London’s Excel, this coming Saturday & Sunday, 19 - 20 May. Unusually entry is completely free of charge, whether you register to visit in advance, or simply turn up on either day.
EPEC 2007 is billed as "an absolutely unique property exhibition for the most discerning of Property Investors to view some of the finest property in the world. View UK and International between £500,000 and £25,000,000 from the finest residential estate agents and property developers across the globe."
Also exhibiting are:
• Companies selling the very latest in top-of-the-range home furnishings
• Companies providing associated services to the Executive Property market
• Financial Institutions, Architects and Law Firms
HSBC's global headquarters in London has become the most expensive workplace in Britain after the banking giant sealed a record-breaking property deal worth £1.09 billion pounds. HSBC announced yesterday that it will sell the 45-storey skyscraper, towering over Canary Wharf, to the Spanish property group Metrovacesa, but the new owners which will allow HSBC to remain in the building on a 998-year lease. The office block, is some 210 metres high and contains 102,000 square metres of office space, an dhas sold for more than double its original cost.
The Sunday Times has once again published its "Rich List", and we thought we would bring you the Top Twenty. Are you on it?
1(1) Lakshmi Mittal and family £19,250m Steel 2 (2) Roman Abramovich £10,800m Oil and industry 3 (3) The Duke of Westminster £7,000m Property 4 (7) Sri and Gopi Hinduja £6,200m Industry and finance 5 (99) David Khalili £5,800m Art and property 6 (4) Hans Rausing and family £5,400m Packaging 7 (5) Sir Philip and Lady Green £4,900m Retailing 8 (10) John Fredriksen £3,500m Shipping 9 (8) David and Simon Reuben £3,490m Metals and property 10 (45) Jim Ratcliffe £3,300m Chemicals 11 (9) Sir Richard Branson £3,100m Transport and mobile phones 12= (11) Charlene and Michel de Carvalho £3,050m Inheritance, brewing and banking 12= (18=)Sean Quinn and family £3,050m Quarrying, property and Insurance 14 (18=) Simon Halabi £3,000m Property, health clubs 15 (12) Kirsten and Jorn Rausing £2,825m Inheritance and investments 16 (16) Joe Lewis £2,800m Foreign exchange, investments 17 (15) Earl Cadogan and family £2,610m Property 18 (21) Nadhmi Auchi £2,575m Finance, property and hotels 19 (34) Vladimir Kim £2,261m Mining 20 (13) Bernie and Slavica Ecclestone £2,250m Motor racing
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