2 July 2025

Tax the Rich List

A 2% wealth tax on just the UK’s 40 richest families could cover the costs of keeping PIP disability benefits AND scrapping the two-child benefit cap.

Sunday Times Rich List 2025

Rank	Name	Wealth	2% annual wealth tax would raise
1	Gopi Hinduja and family	£35.304 billion	£705.88 million	A 2% wealth tax on just these 15 families could cover the cost of keeping PIP disability benefits.
2	David and Simon Reuben and family	£26.873 billion	£537.26 million
3	Sir Leonard Blavatnik	£25.725 billion	£514.30 million
4	Sir James Dyson and family	£20.8 billion	£415.80 million
5	Idan Ofer	£20.121 billion	£402.22 million
6	Guy, George, Alannah and Galen Weston and family	£17.746 billion	£354.72 million
7	Sir Jim Ratcliffe	£17.046 billion	£340.72 million
8	Lakshmi Mittal and family	£15.444 billion	£308.68 million
9	John Fredriksen and family	£13.683 billion	£273.46 million
10	Igor and Dmitry Bukhman	£12.540 billion	£250.60 million
11	Kirsten and Jorn Rausing	£12.514 billion	£250.08 million
12	Michael Platt	£12.5 billion	£249.80 million
13	Charlene de Carvalho-Heineken and Michel de Carvalho	£10.090 billion	£201.60 million
14	The Duke of Westminster and the Grosvenor family	£9.884 billion	£197.48 million
15	Lord Bamford and family	£9.45 billion	£188.80 million
16	Denise, John and Peter Coates	£9.445 billion	£188.70 million	A 2% wealth tax on the 40 richest families could cover the cost of keeping PIP disability benefits, and pay for scrapping the two-child benefit cap too.
17	Carrie and François Perrodo and family	£9.3 billion	£185.80 million
18	Barnaby and Merlin Swire and family	£9.254 billion	£184.88 million
19	Marit, Lisbet, Sigrid and Hans Rausing	£9.088 billion	£181.56 million
20	Alex Gerko	£8.745 billion	£174.70 million
21	Sir Chris Hohn	£8.145 billion	£162.70 million
22	Daniel Kretinsky	£7.79 billion	£155.60 million
23	Anders Holch Povlsen	£7.704 billion	£153.88 million
24	Moshe Kantor	£7.661 billion	£153.02 million
25	Anil Agarwal	£7.5 billion	£149.80 million
26	Tom Morris and family	£6.989 billion	£139.58 million
27	Nik Storonsky	£6.978 billion	£139.36 million
28	Stephen Rubin and family	£6.661 billion	£133.02 million
29	Glenn Gordon and family	£6.398 billion	£127.76 million
30	Earl Cadogan and family	£6.139 billion	£122.58 million
31	Sri Prakash Lohia	£6.028 billion	£120.36 million
32	Zuber and Mohsin Issa	£6 billion	£119.80 million
33	Joe Lewis	£5.774 billion	£115.28 million
34	Ian and Richard Livingstone	£5.732 billion	£114.44 million
35	Hilton Schlosberg	£5.457 billion	£108.94 million
36	Andy Currie	£5.338 billion	£106.56 million
37	John Reece	£5.316 billion	£106.12 million
38	Mark Scheinberg	£5.081 billion	£101.42 million
39	Teddy Sagi	£5 billion	£99.80 million
40	Sir Michael Moritz and Harriet Heyman	£4.435 billion	£88.50 million
41	Guillaume Pousaz	£4.429 billion	£88.38 million	And that's without counting the rest of the Rich List…
42	Johan Eliasch	£4 billion	£79.80 million
43	Leonie Schroder and family	£3.933 billion	£78.46 million
44	Laurence and Francois Graff	£3.65 billion	£72.80 million
45	Eddie and Sol Zakay	£3.6 billion	£71.80 million
46	Ben and Adam Keswick and family	£3.466 billion	£69.12 million
47	Mark Pears and family	£3.451 billion	£68.82 million
48	Navin and Varsha Engineer	£3.45 billion	£68.80 million
49	Baron Howard de Walden and family	£3.244 billion	£64.68 million
50	Alan Parker and family	£3.24 billion	£64.60 million
51	Yakir Gabay	£3.226 billion	£64.32 million
52	Mike Ashley	£3.12 billion	£62.20 million
53	John Bloor	£3.101 billion	£61.82 million
54	Stephen Fitzpatrick	£3.073 billion	£61.26 million
55	Sammy Tak Lee and family	£3.065 billion	£61.10 million
56	Clive Calder	£3 billion	£59.80 million
57	Fred and Peter Done	£2.915 billion	£58.10 million
58	Alki David and the Leventis family	£2.898 billion	£57.76 million
59	Bernard Lewis and family	£2.724 billion	£54.28 million
60	Sir Anwar Pervez and family	£2.715 billion	£54.10 million
61	Alejandro Santo Domingo and Lady Charlotte Wellesley	£2.661 billion	£53.02 million
62=	Inna Gudavadze	£2.65 billion	£52.80 million
62=	The Lazari family	£2.65 billion	£52.80 million
64=	John Christodoulou	£2.6 billion	£51.80 million
64=	Chris and Sarah Dawson	£2.6 billion	£51.80 million
64=	Benzion Freshwater and family	£2.6 billion	£51.80 million
64=	Sir Dennis and Lady Gillings	£2.6 billion	£51.80 million
64=	Chris Rokos	£2.6 billion	£51.80 million
69	Simon, Bobby and Robin Arora	£2.578 billion	£51.36 million
70	Geoffrey Warren	£2.552 billion	£50.84 million
71	Alan Howard	£2.5 billion	£49.80 million
72	Sir Richard Branson and family	£2.419 billion	£48.18 million
73	Peter Hargreaves	£2.3 billion	£45.80 million
74	Farhad Moshiri	£2.258 billion	£44.96 million
75	Sunder Genomal and family	£2.25 billion	£44.80 million
76	John Gore	£2.181 billion	£43.42 million
77	Henry Moser	£2.155 billion	£42.90 million
78	Georg and Emily von Opel	£2.083 billion	£41.46 million
79	Jim and Sally Thompson	£2.016 billion	£40.12 million
80	Lord Hintze	£2.002 billion	£39.84 million
81=	Bernie Ecclestone and family	£2 billion	£39.80 million
81=	Lord Paul and family	£2 billion	£39.80 million
81=	John Whittaker and family	£2 billion	£39.80 million
84	Jasminder Singh and family	£1.981 billion	£39.42 million
85	Wafic Said	£1.973 billion	£39.26 million
86	Simon Nixon	£1.95 billion	£38.80 million
87	Jean-François Decaux and family	£1.922 billion	£38.24 million
88	Sir Ian Wood and family	£1.914 billion	£38.08 million
89=	Tony Langley	£1.9 billion	£37.80 million
89=	Viscount Portman and family	£1.9 billion	£37.80 million
91	Henri Beaufour	£1.844 billion	£36.68 million
92	Mark and Lindy O’Hare	£1.836 billion	£36.52 million
93	Sir Will Adderley and family	£1.805 billion	£35.90 million
94	Peter Harris and family	£1.791 billion	£35.62 million
95	Jonas and Mathias Kamprad	£1.774 billion	£35.28 million
96	Kristo Kaarmann	£1.741 billion	£34.62 million
97	Sir Stelios Haji-Ioannou and family	£1.707 billion	£33.94 million
98	James and John Martin and family	£1.699 billion	£33.78 million
99	Andrey Andreev	£1.694 billion	£33.68 million
100	Michael Flacks	£1.681 billion	£33.42 million
101	Surinder Arora and family	£1.67 billion	£33.20 million	Keep scrolling…
102	Lady (Philomena) Clark and family	£1.656 billion	£32.92 million
103	Mahdi al-Tajir	£1.643 billion	£32.66 million
104	Robert Miller and Princess Marie-Chantal and family	£1.613 billion	£32.06 million
105	John Caudwell	£1.6 billion	£31.80 million
106	Adam Fleming and family	£1.559 billion	£30.98 million
107	Douglas and Dame Mary Perkins and family	£1.539 billion	£30.58 million
108	Stefan Olsson	£1.532 billion	£30.44 million
109	Lord Ashcroft and family	£1.498 billion	£29.76 million
110	Poju and Anita Zabludowicz	£1.495 billion	£29.70 million
111	Sandy and James Easdale	£1.46 billion	£29.00 million
112	Niklas Zennstro million	£1.45 billion	£28.80 million
113	The Thomson family	£1.446 billion	£28.72 million
114	Jon Hunt	£1.427 billion	£28.34 million
115	Peter Jones and family	£1.383 billion	£27.46 million
116	Lord Choudrey and family	£1.366 billion	£27.12 million
117	Caspar Macdonald-Hall and family	£1.355 billion	£26.90 million
118	The Shepherd family	£1.35 billion	£26.80 million
119=	Charles Cayzer and family	£1.338 billion	£26.56 million
119=	Sir Terry Matthews	£1.338 billion	£26.56 million
121	Sunil Vaswani and family	£1.333 billion	£26.46 million
122	Richard Desmond	£1.325 billion	£26.30 million
123	Sir Tony Gallagher	£1.32 billion	£26.20 million
124=	Sir Cameron Mackintosh	£1.3 billion	£25.80 million
124=	Viscount Rothermere and family	£1.3 billion	£25.80 million
126	Peter and Anna Margaret Smedvig and Julia Smedvig Hagland	£1.252 billion	£24.84 million
127=	Nadhmi Auchi	£1.25 billion	£24.80 million
127=	Steve Lansdown	£1.25 billion	£24.80 million
129	Sir Gerald Ronson and family	£1.242 billion	£24.64 million
130	Paul Coulson and family	£1.239 billion	£24.58 million
131=	Lord Grantchester and the Moores family	£1.2 billion	£23.80 million
131=	Andrew Law	£1.2 billion	£23.80 million
131=	Elisabeth Murdoch	£1.2 billion	£23.80 million
131=	Sir Rocco Forte and Olga Polizzi and family	£1.2 billion	£23.80 million
135	Yan Huo	£1.198 billion	£23.76 million
136	Henning Conle and family	£1.192 billion	£23.64 million
137	Mike Danson	£1.182 billion	£23.44 million
138	Lord Spencer of Alresford	£1.177 billion	£23.34 million
139	John Armitage	£1.17 billion	£23.20 million
140	Christoph Henkel and family	£1.163 billion	£23.06 million
141	Lord Kirkham and family	£1.14 billion	£22.60 million
142	Howard Shore	£1.125 billion	£22.30 million
143	David Sullivan and family	£1.118 billion	£22.16 million
144	Peter Kelly	£1.115 billion	£22.10 million
145	Lord Sugar	£1.101 billion	£21.82 million
146	Eugene Shvidler	£1.1 billion	£21.80 million
147	Mark Coombs	£1.089 billion	£21.58 million
148	Kathy and Bernard Murphy and family	£1.083 billion	£21.46 million
149	Sir Mo Ibrahi million	£1.048 billion	£20.76 million
150	Sir Peter, James and Steve Rigby	£1.041 billion	£20.62 million
151=	Sir Paul McCartney and Nancy McCartney	£1.025 billion	£20.30 million	Keep scrolling…
151=	Vlad Yatsenko	£1.025 billion	£20.30 million
153	Ranjit and Baljinder Boparan and family	£1.017 billion	£20.14 million
154	Graham King	£1.009 billion	£19.98 million
155	Ursula Bechtolsheimer-Kipp and family	£1.007 billion	£19.94 million
156	Vladimir Makhlai	£1 billion	£19.80 million
157	Alex Beard	£991 million	£19.62 million
158	Steve Morgan	£988 million	£19.56 million
159	Roy Richardson and family	£985 million	£19.50 million
160	Chris Sheppard and family	£983 million	£19.46 million
161=	Henry Engelhardt and Diane Briere de l’Isle	£980 million	£19.40 million
161=	Suneil Setiya	£980 million	£19.40 million
161=	Greg Skinner	£980 million	£19.40 million
164	Richard Caring	£975 million	£19.30 million
165=	Strive Masiyiwa	£968 million	£19.16 million
165=	Tom Sandell	£968 million	£19.16 million
167	William Bollinger	£950 million	£18.80 million
168	JK Rowling	£945 million	£18.70 million
169	Alfie Best and family	£944 million	£18.68 million
170	Andrea Shelley, William Morrison and Eleanor Kernighan and family	£933 million	£18.46 million
171	Luke and Brian Comer	£930 million	£18.40 million
172	Lady Ballyedmond and family	£922 million	£18.24 million
173	Mark Dixon	£921 million	£18.22 million
174	The Duke of Devonshire	£910 million	£18.00 million
175=	Sir Philip and Lady Green	£905 million	£17.90 million
175=	Taavet Hinrikus	£905 million	£17.90 million
177	Charles Gallagher and family	£903 million	£17.86 million
178	Malcolm Healey and family	£901 million	£17.82 million
179=	Philip Gabriel and family	£900 million	£17.80 million
179=	Ellis Short	£900 million	£17.80 million
181	The Duke of Bedford	£884 million	£17.48 million
182	Patricia Thompson and family	£874 million	£17.28 million
183	John Jakes	£869 million	£17.18 million
184	Lord and Lady Cruddas	£866 million	£17.12 million
185	Bill, Will and Richard Ainscough	£859 million	£16.98 million
186	The Earl of Iveagh and the Guinness family	£856 million	£16.92 million
187	Lord Edmiston	£855 million	£16.90 million
188=	Sir Paul Marshall	£850 million	£16.80 million
188=	Ian Wace	£850 million	£16.80 million
188=	Christopher Whiteside	£850 million	£16.80 million
188=	Christian Angermayer	£850 million	£16.80 million
192	Helene and Marianne Odfjell and family	£829 million	£16.38 million
193	The Kirkland family	£828 million	£16.36 million
194	Martin Naughton and family	£825 million	£16.30 million
195	Sir Roger and Peter De Haan	£812 million	£16.04 million
196	Thor Bjorgolfsson	£806 million	£15.92 million
197	Sir Brian Souter and Dame Ann Gloag	£805 million	£15.90 million
198	Sir Peter Wood	£804 million	£15.88 million
199=	Sir Charles Dunstone	£800 million	£15.80 million
199=	Michael Tabor and family	£800 million	£15.80 million
201	Freddie Linnett and the Murphy family	£797 million	£15.74 million	Keep scrolling…
202	Manfred Gorvy and family	£785 million	£15.50 million
203=	Herman Narula	£780 million	£15.40 million
203=	Ruth Parasol and family	£780 million	£15.40 million
205=	Martin Hughes	£775 million	£15.30 million
205=	Paul Sykes	£775 million	£15.30 million
207	Tim Knowles	£735 million	£14.50 million
208	Lord Vestey and family	£731 million	£14.42 million
209=	Lord Laidlaw	£730 million	£14.40 million
209=	Slavica Malic	£730 million	£14.40 million
211	Ben Francis and family	£726 million	£14.32 million
212	Andy Hill and family	£724 million	£14.28 million
213	Tony Bloo million	£721 million	£14.22 million
214	Fawn and India Rose James and family	£718 million	£14.16 million
215	Kirsty Bertarelli	£715 million	£14.10 million
216	William Lloyd and family	£706 million	£13.92 million
217=	John Coulter and Ann Jones	£704 million	£13.88 million
217=	Oliver and Alexander Kent-Braha million	£704 million	£13.88 million
219	Alastair and Michael Powell	£701 million	£13.82 million
220=	Paul Day and family	£700 million	£13.80 million
220=	Richard Harpin and family	£700 million	£13.80 million
220=	Sir Tom Hunter	£700 million	£13.80 million
220=	The Jatania brothers	£700 million	£13.80 million
220=	May Makhzoumi and family	£700 million	£13.80 million
225	Daren Whitaker	£698 million	£13.76 million
226	Mark Healey and family	£688 million	£13.56 million
227	James Benamor	£685 million	£13.50 million
228	Thomas Hartland-Mackie	£684 million	£13.48 million
229	Bhupendra Kansagra and family	£680 million	£13.40 million
230	Sir Michael Gooley	£679 million	£13.38 million
231=	Piotr Dabkowski	£665 million	£13.10 million
231=	Mati Staniszewski	£665 million	£13.10 million
233	Edoardo Mercadante	£663 million	£13.06 million
234=	Christopher Moran	£658 million	£12.96 million
234=	David Wilson and family	£658 million	£12.96 million
236	Daniel Levy	£650 million	£12.80 million
237	Robert and William Barnett and family	£647 million	£12.74 million
238=	Rishi Sunak and Akshata Murty	£640 million	£12.60 million
238=	The King	£640 million	£12.60 million
240	Tim and Kit Kemp	£638 million	£12.56 million
241	Bill Holmes and family	£630 million	£12.40 million
242	Philip Meeson	£626 million	£12.32 million
243	Tej Lalvani and family	£625 million	£12.30 million
244	Mahmud Kamani and family	£617 million	£12.14 million
245	Jeremy Coller	£613 million	£12.06 million
246	Leo Noé and family	£610 million	£12.00 million
247	The Warburton family	£602 million	£11.84 million
248=	Paddy McNally	£600 million	£11.80 million
248=	Ross Turner	£600 million	£11.80 million
250=	Dame Irene Hays and family	£591 million	£11.62 million
250=	Peter Stephenson and family	£591 million	£11.62 million	Keep scrolling…
252	Clinton, Spencer and John McCarthy	£587 million	£11.54 million
253	Dame Margaret and Helen Barbour	£580 million	£11.40 million
254	Will Roseff	£579 million	£11.38 million
255	Mark Creasy	£575 million	£11.30 million
256	The Bruce Jones family	£574 million	£11.28 million
257	Matt and Jodie Moulding	£573 million	£11.26 million
258	Michael Shanly	£568 million	£11.16 million
259	Andrew Nisbet and family	£559 million	£10.98 million
260	David Pearlman	£554 million	£10.88 million
261	Nigel Spokes and family	£550 million	£10.80 million
262	The Gibbon family	£542 million	£10.64 million
263=	Richard Smith and family	£540 million	£10.60 million
263=	Chrissie Rucker and Nick Wheeler	£540 million	£10.60 million
265	Joe Hemani	£531 million	£10.42 million
266	Michael Loughran and family	£530 million	£10.40 million
267	Lawrence Tomlinson	£525 million	£10.30 million
268	The Hoare family	£524 million	£10.28 million
269	The Duke of Northumberland and family	£517 million	£10.14 million
270	Steve Parkin	£515 million	£10.10 million
271	The Clarke family	£510 million	£10.00 million
272	Dame Marit Mohn Westlake	£504 million	£9.88 million
273=	David and Victoria Beckha million	£500 million	£9.80 million
273=	Brendan Kerr	£500 million	£9.80 million
273=	Lord Lloyd-Webber	£500 million	£9.80 million
273=	Matthew Riley	£500 million	£9.80 million
277	Charlotte Townshend	£498 million	£9.76 million
278	Chris Oglesby and family	£494 million	£9.68 million
279	Mark Fenwick and family	£491 million	£9.62 million
280	Andy Bell	£490 million	£9.60 million
281	Jon and Susie Seaton	£486 million	£9.52 million
282	Nick Capstick-Dale	£485 million	£9.50 million
283	Sir Elton John	£475 million	£9.30 million
284=	Gordon Sanders and family	£474 million	£9.28 million
284=	Younus Sheikh and family	£474 million	£9.28 million
286	Roderick Evans and family	£472 million	£9.24 million
287	Eoin McCann and family	£462 million	£9.04 million
288	Berish Berger and family	£458 million	£8.96 million
289	John Tordoff and family	£456 million	£8.92 million
290	Lior Shiff	£451 million	£8.82 million
291=	Barbara Broccoli and Michael G Wilson	£450 million	£8.80 million
291=	Tom and Ruth Chapman	£450 million	£8.80 million
293	Iris Gibbor and family	£444 million	£8.68 million
294	Tony Matharu	£441 million	£8.62 million
295=	Sir Mick Jagger	£440 million	£8.60 million
295=	Keith Richards	£440 million	£8.60 million
297	Alex Kendall	£439 million	£8.58 million
298	Sir Lindsay Owen-Jones	£437 million	£8.54 million
299	Kuljinder Bahia and family	£436 million	£8.52 million
300	Greg Jackson	£435 million	£8.50 million
301=	Douglas and Iain Anderson	£430 million	£8.40 million	Almost there…
301=	Simon Cowell	£430 million	£8.40 million
303	Terry Bramall and family	£429 million	£8.38 million
304	James Watt and Georgia Toffolo	£425 million	£8.30 million
305	Dai and Richard Walters	£418 million	£8.16 million
306	Riccardo Zacconi	£410 million	£8.00 million
307	Jeremy Hitchins and family	£409 million	£7.98 million
308	Chris Woolridge and family	£405 million	£7.90 million
309	Mark Radcliffe and family	£404 million	£7.88 million
310	Lord Sainsbury	£402 million	£7.84 million
311	Alex Langsa million	£401 million	£7.82 million
312=	Graeme and Yvonne Brooks	£400 million	£7.80 million
312=	Sam and Dan Houser	£400 million	£7.80 million
312=	Derek Keys	£400 million	£7.80 million
312=	Sir John Timpson and family	£400 million	£7.80 million
312=	Matthew Vaughn and Claudia Schiffer	£400 million	£7.80 million
317	Martin Dickie	£398 million	£7.76 million
318	Jeff Smith	£398 million	£7.76 million
319	Andrey Borodin and Tatiana Korsakova	£397 million	£7.74 million
320	Lord Iliffe and family	£393 million	£7.66 million
321=	Stephen Griggs and family	£390 million	£7.60 million
321=	John Guthrie and family	£390 million	£7.60 million
323	Stephen Turner	£388 million	£7.56 million
324	Sir Lewis Hamilton	£385 million	£7.50 million
325	John Deer	£382 million	£7.44 million
326	David Clowes and family	£380 million	£7.40 million
327	Flure Grossart and family	£378 million	£7.36 million
328=	Martin and Caroline Bell	£376 million	£7.32 million
328=	Peter Stephens and family	£376 million	£7.32 million
330	John Cotton and family	£375 million	£7.30 million
331	James Stephens	£373 million	£7.26 million
332	Eric Gadsden and family	£372 million	£7.24 million
333=	Ed Sheeran	£370 million	£7.20 million
333=	David and Lucy Wernick	£370 million	£7.20 million
335	Cliff Cook	£369 million	£7.18 million
336	Lord and Lady Haughey and family	£367 million	£7.14 million
337	Paul and Johnny Caddick	£366 million	£7.12 million
338	Emma Hindle and family	£365 million	£7.10 million
339	Ellen DeGeneres	£363 million	£7.06 million
340=	Sir Christopher Nolan and Dame Emma Thomas	£360 million	£7.00 million
340=	Andrew Staley	£360 million	£7.00 million
342	Alisa Moussaieff and family	£357 million	£6.94 million
343	Andrew Killingsworth	£356 million	£6.92 million
344	Keith and Maria Bastian	£352 million	£6.84 million
345=	Tom and Phil Beahon	£350 million	£6.80 million
345=	Euan Blair	£350 million	£6.80 million
345=	Michael and Peter Clark and family	£350 million	£6.80 million
345=	Robin Gray	£350 million	£6.80 million
345=	John Hargreaves and family	£350 million	£6.80 million
345=	Charlotte Tilbury	£350 million	£6.80 million
	TOTAL	£772.8 billion	£15.38 billion

The 350 families on the Sunday Times Rich List are worth more than £772 billion. A 2% wealth tax could raise £15 billion per year.* Why would the government choose to cut vital benefits and services rather than tax the richest? And why aren’t their main opposition calling for taxes on the super-rich either?

It's time to reign in the outsized political and economic power of those with extreme wealth.

*Calculations based on an annual 2% wealth tax on assets over £10 million, as proposed by civil society organisations, including Oxfam UK, Tax Justice UK and Patriotic Millionaires (Source: Oxfam UK). Annual cost of keeping PIP disability benefits: £5bn (Source: London Evening Standard). Annual cost of scrapping two-child benefit cap: £3.5bn (Source: Resolution Foundation). Wealth estimates from Sunday Times Rich List (Source: Sunday Times).

Photos: Asian Awards (CC BY 3.0), JCB, Mark Neyman / GPO (CC BY 3.0), UK Government, CBI (CC BY-NC-SA 2.0), Royal Society (CC BY-SA 4.0)