Aristocrats are some of the richest people in Britain and at the top of the list for those types of people is 28-year-old Hugh Grosvenor, the 7th Duke of Westminster, according the Sunday Times Rich List. The number donating more than 1 per cent has sunk by a quarter in just two years.
The figures have led to calls for the super-rich to donate more to good causes. The calculations do not include the amount contained in people's bank accounts.
Sri and Gopi Hinduja, whose Hinduja Group turned over almost £40bn past year, saw an increase of £1.36bn in their wealth, meaning they lead a record 151 billionaires in the list, six more than last time around. They have business ventures in property, oil and gas, IT, media, banking, property and even healthcare.
Sri and Gopi Hinduja overtook chemicals businessman Jim Ratcliffe who dropped to third on the list with a fortune of 23.6 billion dollars.
Mumbai-born siblings David, 80, and Simon, 77, with interests across property and internet, have been on a buying spree, taking hold of £1billion of London property past year. The Reuben brothers snapped up Mayfair's 300-million pounds Burlington Arcade, Shoreditch's Curtain hotel and a 132 million pounds block in Piccadilly. His net worth dropped by 2.9 billion pounds since past year, the paper says.
"But numerous rich are nursing big losses after a year of turbulence on the stock market and political deadlock in Westminster".
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Ed Sheeran earned more during 2018 than any musician has in a single year, pushing his fortune up to £160m, making him fifth in the list.
Indian-born industrialist brother, Sri and Gopichand Hinduja, reclaimed the title of Britain's wealthiest by posting fortunes of 22 billion pounds to their name.
NRI industrialist Lord Swraj Paul logged a £500 million hike in his fortune to jump up from 90th in 2018 to 69th this year, with an estimated fortune of £2 billion.
One of the wealthiest women on the list is Harry Potter creator J.K. Rowling, who has a fortune of 975 million dollars.
"We take the view that the Crown Estate belongs to the state and is not a personal asset", The Sunday Times said. She is reportedly worth 12.2 billion pounds and ranked sixth.