The company has been restructured, with its American and Indian businesses worth 1.6 billion pounds,” the newspaper said. Vedanta Resources chief Agarwal ranks at 49th position with 1.7 billion pounds. His Indian metals-to-oil group, is worth 2.4 billion pounds after a decline in its share price.
Kalsi at 98th rank is supremo of Indus Gas, which floated on the Alternative Investment Market, sub-market of the London Stock Exchange, in 2008 and is worth 1.09 billion pounds. Queen Elizabeth II, 88, who has been on every Sunday Times Rich List since she topped the first one in 1989, is now worth 330 million pounds but that is only enough to see her ranked 285th.
The amount of money needed to join the ranks of Britain's 1,000 richest is 85 million pounds, compared with 80 million pounds in 2008, at the height of the boom years. Today, it takes 190 million pounds to make it into the ranks of the richest 500, more than double the figure 10 years ago (80 million pounds).
“Women are doing better than ever: there are 114 on the list this year, up from 78 in 2004. However, few have made their money single-handedly. Jimmy Choo founder Tamara Mellon (180 million pounds) and author Joanne - JK - Rowling (570 million pounds) continue to be the only women who have made a vast fortune in their own right, unaided by inheritance or sharing a business with a husband or another relative, or, in a handful of cases, divorce,” the Times said.
