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Recession? What recession? Billionaires getting richer

April 19, 2013 10:00
Philip Green with daughter Chloe

ByJennifer Lipman, Jennifer Lipman

1 min read

Britain’s Jewish billionaires, including Sir Philip Green and Sir Martin Sorrell, have seen their wealth rise this year despite continued economic gloom, according to the findings of the annual Sunday Times Rich List.

The list, now in its 25th year, profiles the 1,000 richest people in the country based on assets including land, property, art and shares. It will be published in full this weekend, with the least wealthy featured worth £75 million.

According to Ian Coxon, editor of the list, it will “reflect a very rosy picture of the wealthiest families and individuals in Britain”.

“The entry point is up £3 million on last year, and there is a record number billionaires in the new list,” he said.