The 2025 Sunday Times Rich List identifies the 350 richest people in the UK based on identifiable wealth including land, property and assets, such as art and racehorses and significant shares in publicly quoted companies – but excludes bank accounts.
This year’s list of 350 individuals and families, including Sir Elton John, Sir Mick Jagger and Sir Lewis Hamilton, together holding a combined wealth of £772.8bn – a sum larger than the annual GDP of Switzerland.
This figure is down 3% compared with last year, while this year’s decline in the number of billionaires is the sharpest yet.
Robert Watts, compiler of the guide, said The Sunday Times Rich List was “changing”.
“Our billionaire count is down and the combined wealth of those who feature in our research is falling. We are also finding fewer of the world’s super rich are coming to live in the UK,” he said.