The 2023 Sunday Times Rich List has been announced, with 171 billionaires recorded in the UK this year. This year’s list of the wealthiest people in the UK see’s INEOS CEO and potential future owner of Manchester United, Jim Ratcliffe, shoot up the rankings to second.

While the number of UK billionaires is down six from 2022, the overall combined wealth has risen 4.5% on last year’s figure, now standing at £683.856 billion. The young rich list is led by the Duke of Westminster who, at 32, oversees real estate in 43 cities across ten countries.

Also appearing on the ‘35 under 35’ section of the Sunday Times Rich List is tech billionaire and CEO of Hopin LTD Johnny Boufharat, who played a pivotal role in popularising remote work. Joining him on the list is Ed Sheeran, who was crowned the richest entertainer under 35.

Read our sister website PeopleWorld’s coverage of the Sunday Times Rich List

The youngest female billionaire in the UK is Lady Charlotte Wellesley, who took the coveted number two spot with a wealth of £2.167bn. Lady Wellesley is the great-granddaughter of the late German Emperor Wilhelm 11 and daughter of Princess Antonia of Prussia.

The Sunday Times Rich List includes the financial assets of notable families such as the Dyson family and David and Simon Reuben and family.

Rich List 2023: Wealthiest people in the UK, according to Sunday Times