LNM's hat-trick: Steel czar stays UK’s richest

LONDON: NRI steel tycoon Lakshmi Mittal on Sunday topped the list of the richest individuals in Britain for the third successive year with a wealth of £19.250 billion even as the Hinduja brothers and Lord Swraj Paul emerged as the second and third richest Asians in the UK.

According to The Sunday Times rich list 2007, 56-year-old Mittal saw his wealth shoot up from £14.881 billion in 2006 to £19.250 billion this year, an increase of a staggering £4.369 billion.

The wealth of Sri Chand and Gopi Chand Hindujas, chairman and president respectively of the Hinduja Group, registered a steep increase during the last one year — from £3.6 billion to £6.2 billion.

The wealth of Lord Swraj Paul, founder-chairman of the Caparo Group, also witnessed substantial growth with the total wealth increasing from £465 million to £1.5 billion this year.