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Josh Glancy

ByJosh Glancy, Josh Glancy

Opinion

We're a richer community

April 30, 2015 11:36
Powerful: Len Blavatnik, who was top of the Rich List, with singer Jess Glynne
3 min read

Flicking through the Sunday Times Rich List last weekend, I found myself pulling the usual trick of looking for Jewish names (only Jews and antisemites do this as far as I am aware).

There were some familiar faces: the old money of the Rothschilds and the Wolfsons, the nouveau millions of Philip Green and Richard Desmond. But my faultless Jewdar also picked up some less familiar figures. Right at the top, the richest person in the country was Len Blavatnik, a Russian-American oligarch who made his money in oil. There was also Eugene Shvidler, an associate of Roman Abramovich, and the Finnish Poju Zabludowicz. Other less familiar names were Mark Scheinberg, an Israeli-Canadian who has made billions in online gaming, and Israeli Teddy Sagi, who has done the same.

London attracts wealthy Jewish émigrés from Russia, the former Soviet Union and Israel for the same reasons other billionaires come here. It is perfectly located and culturally kitted out for the international rich: high-end property, endless first-rate restaurants and a favourable business environment.

But from a Jewish perspective, these new residents represent more than just rising property prices and a boom in the private jet market. They represent a once-in-a-generation opportunity to inject new life into the community.