Apprentice star to forgotten footballer - UK's youngest millionaires revealed (2024)

THE Rich List of Britain’s wealthiest people is out today.

Each year Sunday Times Rich List compiler Robert Watts charts the ups and downs of the Brits with the biggest bank accounts.

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Sunday Times subscribers can see the full list today or in the weekend’s newspaper.

But The Sun has been given a sneak preview of the 40 richest men and women aged under 40.

The list includes showbiz and sports stars, musicians, self-made tycoons and those who inherited a family fortune.

Top of the Young Rich List list is worth over £10billion and number 40 has amassed £56million. See who is worth what:

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1. Duke of Westminster £10.127billion

Britain’s most eligible bachelor, Hugh Grosvenor, 33, will marry Olivia Henson, 31, on June 7.

The duke inherited his title, and a property empire in 12 countries, at the age of 25, including 300 acres of Mayfair and Belgravia.

His new bride is setting up a honey business on the Eaton estate, the Grosvenor’s 11,000-acre estate in Cheshire.

His friend Prince William will be a guest of honour at next month’s wedding.

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2. Lady Charlotte Wellesley £2.2billion

A daughter of the Duke of Wellington, Oxford-educated Lady Charlotte, 33, owes her real fortune to her marriage to the American-Columbian brewing heir and investor Alejandro Santo Domingo.

3. Herman Narula £780million

Dubbed “the toff in tech”, Narula set up Improbable Worlds after studying at Cambridge.

A man is on track to be Britain's richest Apprentice winner after 'sacking' Lord Sugar

The London-based firm is developing a platform enabling 40,000 people to play in the same virtual space at once.

In late 2022 valued his company was valued at £2.7billion and Delhi-born Narula owns at least 28.9 per cent of the shares.

His book Virtual Society is billed as a “definitive guide to the metaverse”.

4. Fawn and India Rose James £750million

The James sisters inherited the £1billion property empire built up by their grandfather, Paul Raymond.

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The strip club tycoon bought up swathes of Soho, including Ronnie Scott’s jazz club and the landmark billboards in Leicester Square.

Fawn, 38, runs the estate. India Rose, 32, has a daughter with Kooks guitarist Hugh Harris.

The sisters also have property in Surrey and Dubai.

5. Ben Francis £725million

Gymshark, the Solihull-based “athleisure” retailer set up by Francis, 31, is looking less pumped these days.

Profits have halved. He has been renovating a Cotswolds dairy farm.

6. Thomas Hartland-Mackie £684million

Swiss-born Hartland-Mackie, 36, runs his family’s electrical products business, City Electric Supply.

It has at least 1,000 stores and turned over more than £1 billion last year.

7. Oliver and Alexander Kent-Braham £455million

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Initially running their business from the gym, the 32-year-old British twins created the giant insurer Marshmallow, which uses AI to assess safe drivers and lower their premiums.

8. Ayman Rahman and Fateha Begum £404million

After throwing himself into global energy markets, Rahman, 33, teamed up with his 36-year-old wife, Begum, to launch Dare International.

Their firm employs 200 staff and handles trades worth billions of pounds a day.

9. Sir Lewis Hamilton £350million

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Formula One ace Hamilton has been earning more than £40 million a year from Maclaren, plus almost £10 million from tie-ups with Bose, Electronic Arts, Monster Energy, Tommy Hilfiger and Puma.

Leaks suggest his new contract with Ferrari could be worth as much as £358 million.

Born in Stevenage, Hamilton, 39, has spent 17 years living in either Switzerland or Monaco and thus avoiding UK tax on his overseas earnings.

10. Ed Sheeran £340million

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Sheeran paid himself £62 million for the first half of his Mathematics world tour.

Not a bad sum for a former busker who wrote the lyric “I think that money is the root of all evil and fame is hell”.

The Rich List 2024 - top 20

  1. Gopi Hinduja and family - £37.2 billion
  2. Sir Leonard Blavatnik - £29.25 billion
  3. David and Simon Reuben and family - £24.98 billion
  4. Sir Jim Ratcliffe - £23.52 billion
  5. Sir James Dyson and family - £20.8 billion
  6. Barnaby and Merlin Swire and family - £17.2 billion
  7. Idan Ofer - £14.96 billion
  8. Lakshmi Mittal and family - £14.92 billion
  9. Guy, George, Alannah and Galen Weston and family - £14.49 billion
  10. John Fredriksen and family - £12.87 billion
  11. Kirsten and Jorn Rausing - £12.63 billion
  12. Alex Gerko - £12.05 billion
  13. Michael Platt - £12 billion
  14. Charlene de Carvalho-Heineken and Michel de Carvalho - £11.75 billion
  15. The Duke of Westminster and the Grosvenor family - £10.13 billion
  16. Marit, Lisbet and Sigrid Rausing - £9.19 billion
  17. Carrie and Francois Perrodo and family - £9.17 billion
  18. Nicky Oppenheimer and family - £7.94 billion
  19. Lord Bamford and family - £7.65 billion
  20. Denise, John and Peter Coates - £7.47 billion

11. Tom and Phil Beahon £334million

The Beahon brothers have shaken up the sportswear world with their label, Castore.

Tom, 34, played for Tranmere Rovers while cricketer Phil, 31, represented Lancashire.

12. Timothy Goodwin £245million

Goodwin, 34, chairs the family engineering business that makes parts for the defence and mining sectors.

As well as a £400,000 salary he also received a cut of £8.3 million dividends over the past year.

13. Rory McIlroy £225million

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McIlroy, 35, picked up £1.29 million for winning last summer’s Scottish Open, and the Belfast-born golfer’s earnings on the fairways are thought to exceed £65 million.

The bulk of McIlroy’s fortune stems from sponsorship deals with Nike, Omega, TaylorMade and others.

He has prospered from property in Dubai, New York and Florida but his recent divorce could hit his fortune.

14. Martin Kissinger £200million

The German-born LSE graduate, 34, moved to London in his teens and soon set up Lendable.

The business uses AI to identify low-risk people who can be charged less interest on loans.

15. Alex Loven £200million

Lovén, 36, saved up £13,000 from shifts at a builder’s merchants during his teens to buy a shipment of goal nets.

His Wrexham firm Net World Sports now sells more than 100,000 football goals a year.

16. James Asquith £182million

Asquith was 24 when he held the Guinness world record for the youngest male to visit all 196 sovereign countries on the planet.

These days the 35-year-old runs the Airbnb rival Holiday Swap.

17. Anthony Joshua £175million

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The former world heavyweight champion is punching his way into the property world, buying buildings in Mayfair, Bond Street and BP’s former HQ in Hertfordshire.

Watford-born Joshua, 34, is still doing business in the ring.

Knocking out Francis Ngannou in March set up the prospect of an encounter with Oleksandr Usyk or Tyson Fury.

Sparta Promotions, which holds £129.2 million of Joshua’s wealth, shows he earned £28.3 million with his gloves last year and £8.9 million from commercial deals.

17. Harry Styles £175million

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Superstar Styles was pictured on his 30th birthday returning from an icy swim in one of Hampstead Heath’s ponds.

If this seems less than rock’n’roll behaviour, the former One Direction singer has had a quieter time since 2022, when he topped album charts, starred in two films and played to packed stadiums around the world.

Redditch-born Styles is working on a fourth studio record.

Wealth in his three largest companies has grown by almost £50million since last year’s Rich List.

19. Adele £170million

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Ill health may have forced the singer to postpone her shows but it hasn’t dented her finances.

The 36-year-old Londoner lives in Beverly Hills, and rumour has it that she is planning to study for a degree in English literature.

20. Dan and Melanie Marsden £151million

The power couple, 32 and 31, met at primary school and later founded online retailer Lounge Underwear.

Last year they opened their first bricks and mortar store in London.

21. Eric Liu £150million

Chinese-born Liu, 28, set up HungryPanda, a food delivery service similar to Deliveroo specialising in Asian fare.

The London-based business is now up and running in more than 80 cities across ten countries, including Australia, France, Japan and the US.

Liu, who read computer science at Nottingham University, has raised more than $200 million from investors.

He owns at least 25 per cent of the £600 million business.

21. Lewis Morgan £150million

Morgan, 31, co-founded Gymshark with school friend Ben Francis (No 5) before selling his stake and investing in property.

He is chairman of Aybl, a rival sportswear brand started by another mate.

23. Barney Hussey-Yeo £128million

Millions have signed up for Cleo, the app that helps users track spending and stick to budgets.

The 34-year-old owns almost a third of the London business.

24. Alex and David Campbell £127million

SureScreen Diagnostics won a £500 million NHS contract to supply lateral-flow tests during the pandemic.

David, 34, and Alex, 39, run the Derby-based manufacturer with a third brother, Alastair.

Who is Hugh Grosvenor?

IT'S official - Britain's most eligible bachelor is off the market.

Hugh Grosvenor, theseventh Duke of Westminsterwho leads the 40 under 40 list this year, announced he was engaged last year and is set to wed next month.

The 33-year-old - who is pals with royals likePrince William,Prince HarryandKate Middleton- popped the question to girlfriend Olivia Henson, an account manager for an ethical food firm, at the family seat, Eaton Hall in Cheshire.

The couple have been dating for two years, and Olivia, 31 - who attended the same school as the Princess of Wales, Marlborough College - will become the duch*ess of Westminster when they marry.

As the head of a property empire that has swept up more than 1,500 buildings around the world - including the entirety of Park Lane and half of Mayfair - Hugh is often described as owning 'half of London'.

He became a billionaire at the age of 25 and his family rank as the 15th richest in the whole country, according to this year's full Sunday Times Rich List.

25. Vishal Karia £116million

Sales at Karia’s perfume and cosmetics distributor, Affinity, have topped £100 million in seven years.

Expelled from school and diagnosed with ADHD, Karia, top, 34, owns most of the Buckinghamshire based £120 million wholesaler.

25. Alex Kendall £116million

After his PhD at Cambridge, New Zealand-born Kendall, 31, founded Wayve, a start-up to develop AI-based software for driverless cars.

The company aims to be the first to deploy autonomous vehicles in 100 cities.

27. Sir Andy Murray £100million

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Nearing the end of an illustrious career, Murray, 37, has won more than £50 million on the court and there have been commercial deals with Head, Standard Life, American Express and Halo.

He spotted the potential for Castore, the sportswear brand set up by the Beahon brothers (No 11) and his stake is worth £35 million.

He also owns the upmarket Cromlix hotel in Stirlingshire, where a night in one of the turret suites will set you back £750.

28. Christian Owens £91million

Owens, 29, taught himself to code aged 13.

Five years later he co-founded Paddle, a tech firm helping small businesses make and receive payments.

He has a stake worth at least £91 million.

29. Dua Lipa £90million

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Last summer’s Barbie blockbuster gave the Anglo-Albanian star her acting debut — and a No 1 single with Dance the Night.

She landed a bigger role in Argylle, the latest Matthew Vaughn caper, and a No 2 in the UK singles charts with Houdini.

The 28-year-old picked up her seventh Brit award in March and released a third studio album earlier this month.

Wealth in her two largest companies has grown by £15 million.

29. Daniel Radcliffe £90million

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Since his Hogwarts days Radcliffe, 34, has gilded his wealth with movie roles and by investing in London and New York property.

Yet his stock market portfolio has lost some of its magic.

31. Victor Riparbelli £85million

Riparbelli, 32, co-founded the Shoreditch based Synthesia, specialising in AI-generated video.

It created a David Beckham film delivering an anti-malaria message in nine languages.

31. Steffen Tjerrild £85million

Tjerrild, 33, set up AI-powered video creator Synthesia with fellow Dane Victor Riparbelli in 2017.

Analysis of the 40 Under 40 list

The minimum figure for the 40 Under 40 list is £56 million.

Last year sportswear makers including Ben Francis of Gymshark, and Dan and Melanie Marsden — founders of Lounge Underwear, whose lingerie business has been powered by Instagram and thrived during the pandemic — dominated the Young Rich List. But technology firms are catching up fast.

  • The majority made millions on their own, but nine were born into money.
  • 36 of the 40 entries have a combined total of £7.4 billion. The other five, who owe at least some of their wealth to inheritance, account for £13.3 billion.
  • The top nine also feature in the main Rich List, where the minimum entry is £350 million.

It allows users to turn text into audio spoken in more than 130 languages with the help of 160 avatars.

Synthesia is valued at £800 million.

33. Reece Wabara £83million

Former Manchester City player Wabara quit football at 26 to focus on Manière De Voir, the fashion label he created.

Last year Wabara, 32, opened his first store on Oxford Street in London after ten years of selling online.

34. Mike and George Heaton £81million

The Bolton-born brothers started the streetwear label Represent with just £150.

George, 31, was studying graphic design at college when he had the idea of selling T-shirts displaying his coursework.

He and brother Mike, 33, chose their brand’s name by writing down 15 “random” words.

They picked “representing” and a friend later suggested ditching the “ing”.

Collaborations with Kanye West, Justin Bieber, Zayn Malik and Gigi Hadid helped drive sales and profits of £9million.

35. Harry Kane £75million

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The England captain moved from Tottenham to Bayern Munich last summer for a reported signing fee of more than £30 million.

Kane, 30, earns £400,000 a week and has poured his earnings into a range of businesses.

36. Susie Ma £73million

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Ma, 35, started out making face scrubs and in 2011 persuaded Lord Sugar to buy half her Tropic Skincare business on The Apprentice.

She bought him out last year.

37. Raheem Sterling £72million

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The Jamaica-born striker, 29, earns about £350,000 a week at Chelsea and last year fronted Nike’s anti-racism ad campaign.

He has lucrative tie-ups with New Balance, Puma, Gillette and Clarks.

38. Gareth Bale £70million

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Since retiring from football Bale, 34, has competed in celebrity golf tournaments alongside Novak Djokovic and Rory McIlroy.

The Cardiff-born winger also has his own sports bar, Elevens.

39. Emma Watson £59million

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Watson, 34, earned about £50 million playing Hermione Granger in Harry Potter and £15 million from the remake of Beauty and the Beast.

She has launched Renais Spirits, a gin distillery in Dorset.

40. Charlie Morgan £56million

Morgan, 28, is one half of the double act behind blingy Welsh drinks brand Au Vodka.

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Sales jumped by more than 20 per cent last year. Popular flavours include Gold Caramel and Pink Lemonade.

The Rich List is published in this weekend’s Sunday Times.

Apprentice star to forgotten footballer - UK's youngest millionaires revealed (2024)

FAQs

Who is the richest man on Earth? ›

As of June 1, 2024, the richest person in the world is Tesla and SpaceX CEO Elon Musk. He's worth $210 billion. He moved into the number one spot in late May 2024, overtaking Bernard Arnault of France.

How can a 17 year old become a millionaire? ›

Here are some steps to get started:
  1. 1- Start early. The earlier you start, the better your chances of becoming a millionaire at a young age. ...
  2. 2- Set clear goals. ...
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Mar 1, 2023

Who has the highest net worth in the world? ›

Top 10 richest people in the world
Name & RankNet Worth (in $ Billions)Source of Wealth
#1 Elon Musk$208.4Tesla, SpaceX
#2 Bernard Arnault & family$202.1LVMH
#3 Jeff Bezos$197.2Amazon
#4 Mark Zuckerberg$167.3Facebook
6 more rows
4 days ago

How rich is Taylor Swift? ›

And now, as of February 2024? Bloomberg reported that Taylor's net worth is officially $1.1 billion.

Which country has the most billionaires? ›

China has 814 billionaires, the most in the world, according to the Hurun Global Rich List 2024. Despite holding on to the top spot, China lost 155 billionaires year-over-year, while the U.S. gained 109. The gap between the two countries has now reduced to just 14 billionaires.

Who is the richest woman in the world in 2024? ›

1. Françoise Bettencourt Meyers and family. Frenchwoman Bettencourt Meyers is the wealthiest woman on the planet. Bettencourt Meyers earned her wealth by inheriting a fortune from her mother, Lillian Bettencourt (died 2017), whose father was Eugene Schuler, the founder of cosmetics giant L'Oréal.

What is the richest country in the world? ›

Luxembourg

This country controls the pandemic duration better than any other European country. In 2020, they had a growth rate of minus 0.9%, and the country will grow by 7% in 2021. Hans Luxembourg is at the top of the list of the richest countries in the world by GDP 14,3740 USD.

What kind of car do millionaires drive? ›

While some wealthy Americans drive luxury vehicles, an Experian Automotive study found that a whopping 61% of wealthy people with household incomes of more than $250,000 don't drive luxury brands. Instead, they drive less showy cars, such as Hondas, Toyotas and Fords, Ramsey said in an article.

Who dropped out of high school and became rich? ›

Carl Lindner, Jr dropped out of high school when he was only 14 to deliver milk for his family's dairy farm. He borrowed some money to start an ice cream shop with his siblings. He used his entrepreneurial skills to build a business empire and invest heavily to build his estimated $1.7 billion fortune.

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U.S. the richest people in America 2022

As of June 2023, Elon Musk was estimated as the wealthiest person in the United States with a net worth of around 180 billion dollars.

Who is the richest person in the world right? ›

Bernard Arnault, Chairman and CEO, LVMH

Bernard Arnault, the CEO and chairman of LVMH, the world's largest luxury goods group, has reclaimed the top spot as the richest person on January 31, 2024, surpassing Elon Musk.

What does Bernard Arnault own? ›

Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora. LVMH acquired American jeweler Tiffany & Co in 2021 for $15.8 billion, believed to be the biggest luxury brand acquisition ever.

Who is the top 10 richest man? ›

Top 10 Richest People In The World In 2024
  • warren buffett. ...
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  • larry page. Net worth: $143.8 billion. ...
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  • mark zuckerberg. Net worth: $167.3 billion. ...
  • jeff bezos. Net worth: $197.2 billion. ...
  • Bernard Arnault & Family. Net worth: $202.1 billion. ...
  • Elon Musk. Net worth: $208.4 billion.
2 days ago

What does Elon Musk own? ›

Elon Musk cofounded six companies, including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company. He owns about 12% of Tesla excluding options, but has pledged more than half his shares as collateral for personal loans of up to $3.5 billion.

Who is Great Mega on TikTok? ›

📺 Meet Great Mega, a Nigerian entrepreneur reputed to surpass the wealth of several billionaires combined. He derives his fortune from the luxury market and owns a gold mining company amongst other assets.

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