Live updates

Advertisement

Advertisement

Russian billionaire Alisher Usmanov tops Rich List

Russian billionaire Alisher Usmanov is top of this year's Sunday Times Rich List.

The 59-year-old, who has a near 30% stake in Arsenal Football Club, is worth £13.3 billion, according to the list, which is published today.

2013 rank (2012 rank), name, source of wealth, 2013 wealth (2012 wealth):

  • 1. (2) Alisher Usmanov, mining and investment, £13,300m
  • 2. (5) Len Blavatnik, investment, music and media, £11,000m
  • 3. (4) Sri and Gopi Hinduja, industry and finance, £10,600m
  • 4. (1) Lakshmi Mittal and family, steel, #10,000m
  • 5. (3) Roman Abramovich, oil and industry, #9,300m

His business empire, which started with the making of plastic bags, ranges from Metalloinvest, Russia's biggest iron ore producer, to a stake in mail.ru, the country's largest internet company, and a big holding in MegaFon, a mobile phone operator which listed on the London and Moscow stock markets.

Rich list: One Direction made £5m each last year

The five members of One Direction have racked up a £5 million fortune each in the last year, according to the Sunday Times Young Music Rich List.

The boy band, who were put together on the X Factor, have achieved international success and stormed the United States in 2012 with their debut album Up All Night.

One Direction pick up the Global Success Awards at the Brits. Credit: Press Association
Load more updates