Super-rich London becomes billionaire capital of the world: It has nearly twice as many as New York, figures show



A total of 104 billionaires are now based in the UK, study finds



It means Britain has more billionaires per head than any other country

London's total of 72 sterling billionaires is more than any other city

Indian-born brothers Sri and Gopi Hinduja top the list with £11.9 billion

Britain has become the super-rich capital of the world – with more than 100 billionaires living in the UK for the first time.



A total of 104 billionaires now call Britain home, with a combined wealth of £301billion between them, it was revealed yesterday.



It means the UK has more billionaires per head than any other country.

Moving here: French businessman Francois Henri Pinault with his wife Salma Hayek

Super-rich: Chelsea owner Roman Abramovich, pictured here with his girlfriend Daria Zhukova, has a fortune of £8.52 billion, down £780 million from last year

Top of the rich list: Srichand Hinduja and Gopichand Hinduja have been named the richest pair in Britain by the Sunday Times Rich List

And the vast majority have their homes in London, meaning the capital boasts the greatest number of billionaires of any city in the world, beating New York and Moscow to the top spot.



London has become such a hub for the super-rich that it now accounts for 72 billionaires – almost 10 per cent of all the billionaires in the world.

Moscow has the second highest billionaire population with 48, followed by New York with 43, then San Francisco, Los Angeles and Hong Kong.



But only a third of Britain’s billionaires were actually born British, according to the Sunday Times Rich List.



Indian-born brothers Srichand and Gopichand Hinduja top the UK rich list, with a combined wealth of £11.9billion from their global conglomerate.



They are followed by international tycoons and oligarchs who made their fortunes in aluminium, oil and coal, including Chelsea owner Roman Abramovich.



Arsenal shareholder Alisher Usmanov and Queens Park Rangers stakeholder and steel magnate Lakshmi Mittal also feature.



The only British-born billionaire in the top ten is the Duke of Westminster, who owns swathes of central London and takes tenth place in the list with his £8.5billion fortune.



Britain’s reputation as a financial capital and its relatively low tax regime have been credited for attracting ‘non-dom’ residents, keen to invest in property in London and the South East.



The country now has one billionaire for every 607,692 residents, compared to one for every 1,022,475 in the US, which has the second highest number of billionaires per capita.



Unlike America, Britain does not tax its non-domicile residents on their global wealth, meaning they pay tax only on their UK income.



Francois-Henri Pinault, head of the Gucci fashion empire, is moving to London from France with his actress wife Salma Hayek after the French government introduced a 75 per cent tax rate for the most wealthy, though the couple say this is not the reason for their move.



The number of billionaires in Britain has more than tripled in a decade and their total wealth has now overtaken pre-recession levels of 2008, when the UK’s 75 billionaires were worth £201billion.



Among new British-born members of the billionaire club is West End producer Sir Cameron Mackintosh, who saw his fortune rise to £1billion in the past year.

Russian billionaire Alisher Usmanov and his wife arrive for the re-opening ceremony of the Bolshoi Theatre in Moscow

Newcastle United owner and Sports Direct founder Mike Ashley came in 23rd on the list

TOP NAMES ON BILLIONAIRES LIST Here is the Sunday Times 2014 Billionaire List: Rank, name, wealth, increase/decrease in wealth 1. Sri and Gopi Hinduja, £11.9 billion, up £1.3 billion 2. Alisher Usmanov, £10.65 billion, down £2.65 billion 3. Lakshmi Mittal and family, £10.25 billion, up £250 million 4. Len Blavatnik, £10 billion, down £1 billion 5. Ernesto and Kirsty Bertarelli, £9.75 billion, up £2.35 billion 6. John Fredriksen and family, £9.25 billion, up £450 million 7. David and Simon Reuben, £9 billion, up £719 million 8. Kirsten and Jorn Rausing, £8.8 billion, up £3.691 billion 9. Roman Abramovich, £8.52 billion, down £780 million 10. The Duke of Westminster, £8.5 billion, up £700 million 11. Galen, Hilary and George Weston and family, £7.3 billion, up £650 million 12. Charlene de Carvalho-Heineken and Michel de Carvalho, £6.365 billion, down £635 million 13. Mohamed Bin Issa Al Jaber and family, £6.16 billion, up £1.645 billion 14. Carrie and Francois Perrodo and family, £6.14 billion, new 15. German Khan, £6.08 billion, new 16. Sir David and Sir Frederick Barclay, £6 biilion, up £3.65 billion 17. Hans Rausing and family £5.9 billion, up £1.18 billion 18. Nicky Oppenheimer and family, £4.57 billion, up £785 million 19. Earl Cadogan and family, £4.2 billion, up £525 million 20. Joseph Lau and family, £4.03 billion, down £570 million 21. Sir Philip and Lady Green, £3.88 billion, no change 22. Denis O'Brien, £3.854 billion, up £486 million 23. Mike Ashley, £3.75 billion, up £1.45 billion 24. Sir Richard Branson and family, £3.6 billion, up £86 million 25. Idan Ofer, £3.43 billion, new



