There appear to be a fair number of rich South Africans living in the UK.
Yesterday, we told you about Lady Kitty Spencer’s boyfriend, fashion mogul Michael Lewis.
He might be worth quite a few million, but he didn’t make the UK’s Sunday Times ‘Rich List’.
According to the paper, political uncertainty around Brexit has caused many of Britain’s wealthiest people to move their assets elsewhere, “to make it easy to wire their money out of the country at a moment’s notice”, reports BusinessTech.
Many are nursing big losses to their bank balances. However, despite the pain felt by some, the list presents another record year for the super-wealthy, The Times said.
The combined wealth of the 1,000 entrants has risen to £771.13 billion – up £47.776 billion in 2018 (where the total was £724 billion). The billionaire count has also risen to a record 151 – up six from last year.
If you want to make the list you would need to have £120 million to get onto the bottom rung — up from £115 million in 2018.
The list covers individuals and families in the country, including many business people who have dual citizenship.
Nine South African-born individuals appear on the list:
Here’s a little more info on some of those big players:
Nicky Oppenheimer and Family
Manfred Gorvy and Family
Sir Donald Gordon and Family
Mark Shuttleworth
Tony Tabatznik and Family
Vivian Imerman
Imerman, 62, is currently in charge of London investment operation Vasari.
Richard Gnodde
You find out more about the richest South Africans living in Britain, and the rest of that Sunday Times list, here.
[source:businesstech]
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