Mittal tops Abramovich in world's top 20 rich list

Indian-born steel baron Lakshmi Mittal has pushed Russo-Latvian billionaire Roman Abramovich down the rankings in the latest world top 20 rich list of football club owners.

LONDON: Indian-born steel baron Lakshmi Mittal has pushed Russo-Latvian billionaire Roman Abramovich down the rankings in the latest world top 20 rich list of football club owners.

According to a newspaper, Mittal and his family, which owns the football club QPR, are worth 12.5 billion pounds, as opposed to Abramovich, who owns Chelsea, and is worth seven billion pounds.

Manchester City football club owner Sheikh Mansour bin Zayed Al Nahyan with earnings of 15 billion pounds is the only person ranked above Mittal.

Abramovich was at the top the football club owners rich list from 2003 to 2008. Abramovich is believed to have lost a third of that in the world economic downturn.

The Rich List Top 20:

1 Sheikh Mansour bin Zayed Al Nahyan (Man City) 15 billion pounds
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2 Lakshmi Mittal and family (QPR) 12.5 billion pounds

3 Roman Abramovich (Chelsea) 7 billion pounds

4 Joe Lewis (Tottenham) 2.5 billion pounds

5 Bernie and Slavica Ecclestone (QPR) 2.4 billion pounds
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6 Stanley Kroenke (Arsenal) 2.245 billion pounds

7 Alisher Usmanov (Arsenal) 1.5 billion pounds
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8 Lord Grantchester and the Moores Family (Everton) 1.2 billion pounds

9 Dermot Desmond (Celtic) 1.2 billion pounds

10 Lord Ashcroft (Watford) 1.1 billion pounds

11 Malcolm Glazer and family (Man Utd) 1.1 billion pounds

12 Simon Keswick (Cheltenham) 966 million pounds

13 Trevor Hemmings (Preston) 900 million pounds

14 Mike Ashley (Newcastle) 800 million pounds

15 Randy Lerner (Aston Villa) 750 million pounds

16 Tom Hicks (Liverpool) 700 million pounds

17 The Walker Family (Blackburn) 660 million pounds

18 Mohammed Al Fayed (Fulham) 650 million pounds

19 Sir David Murray (Rangers) 600 million pounds

20 Steve Morgan (Wolves) 400 million pounds

David Beckham's status as the richest player remains unchallenged with a fortune estimated at 125 million pounds, more than three times that of nearest- and distant- challenger Michael Owen.
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