7m loss. Despite this, INEOS has invested in US operations, including a 21 per cent stake in three oil and gas fields off the east coast of America, building on more than €3bn already committed there. 25bn deal in 2024, while his Ineos Grenadiers cycling team secured an £85m title sponsorship with tech firm Netcompany.
5bn collectively. The entry threshold fell to £340m, and the number of UK billionaires dropped to 157, 20 fewer than four years ago. 8bn to £12bn, partly attributed to Donald Trump's tariffs.
This year's Rich List is a tale of two exoduses. One in six of the individuals and families who appeared on the list two years ago don’t feature this time.
Robert Watts, compiler of the list, said: "This year's Rich List is a tale of two exoduses.
Many foreign billionaires who have been living in the UK have also dropped out because they have moved away. We have also seen a sharp rise in the number of British nationals now resident in Dubai, Switzerland and Monaco. As UK nationals these people remain on our Rich List – wherever they now live.