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Home UK News

Rachel Reeves’ billionaire exodus sees main UK wealthy listing shake up | UK | Information

admin by admin
December 20, 2025
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Rachel Reeves’ billionaire exodus sees main UK wealthy listing shake up | UK | Information
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The UK’s richest people have seen their fortunes reshuffled after a dramatic yr for Britain’s super-rich, with the Sunday Instances Wealthy Record 2025 revealing a file fall within the variety of billionaires. The annual rating exhibits Britain has misplaced extra billionaires over the previous 12 months than at any time because the listing started, amid falling asset values, market uncertainty and rising concern over tax adjustments launched below Labour.

A number of rich people have dropped off the listing altogether, whereas others are not classed as UK-based after relocating abroad, in line with the Instances. Chancellor Rachel Reeves‘ resolution to abolish non-domiciled tax standing has been cited as a key issue behind the exodus, with critics warning the reforms are prompting each abroad buyers and British entrepreneurs to rethink their ties to the UK.

Listed here are the six richest folks within the UK, in line with the most recent Wealthy Record.

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6. Man, George, Alannah and Galen Weston and household

The Weston household rank sixth on the listing with an estimated fortune of £17.7billion. The Weston household is a robust enterprise dynasty with roots in Canada, relationship again to the late nineteenth century when George Weston constructed a bakery enterprise into a serious meals and retail empire. Over time, the household expanded internationally, establishing main pursuits throughout the UK, Eire and North America.

In Britain, the household’s holdings are managed by way of Wittington Investments, which owns Primark’s mother or father firm, Related British Meals, in addition to high-end retailers Fortnum & Mason and Heal’s.

(Picture: Getty)

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5. Idan Ofer

Idan Ofer is the fifth richest particular person with a fortune of about £20.1billion. 

Idan Ofer is an Israeli billionaire businessman, born in 1955, identified for his investments in transport, power, mining, and sports activities.

He owns stakes in main corporations like Israel Company, an 85% stake of FC Famalicão and owns a 30% stake in Atlético Madrid.

(Picture: Getty)

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4. Sir James Dyson and household

With a fortune of 20.8billion, Sir James Dyson and household are the fourth richest within the UK. Greatest identified for inventing the bagless vacuum cleaner and for creating the enduring Dyson Airwrap, the corporate has a diversified portfolio together with 36,000 acres of farmland supplying main retailers.

Final yr, Dyson reduce 1,000 UK jobs however continues to develop globally, remaining comparatively unaffected by tariffs in comparison with opponents, the Instances reported. 

(Picture: Getty)


Tags: BillionaireexoduslistMajorNewsRachelReevesRichSeesshake
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