Rich List of Britain

28 Apr 2009

The Sunday Times published this years list of the 100 wealthiest people working or living in Britain and i-Gaming executives featured heavily in the list with four PartyGaming executives among the top ten richest online business people, including PartyGaming founders Russ De Leon and Ruth Parasol ranked second place on the internet list with £700m. Group operations director Anurag Dikshit and marketing director Vikrant Bhargava were in third and ninth place respectively, with fortunes of £559m and £230m.

Bet365 founders Peter Coates and daughter Denise are sixth on the list, with an estimated £400m each, while online betting exchange Betfair placed three executives in the top 20. Betfair founder Ed Wray is the 11th wealthiest with £190m; Andrew Black is the 12th with £185m; and equity investment manager Richard Koch is the 17th with a company stake worth £129m.

The man at the top of the list however, is Peter Cruddas, founder and owner of internet securities dealer CMC, with a fortune estimated at £1bn. The Sunday Times reported that the Rich List was hit hard by the recession this year. The world economic slowdown wiped £155bn from last year's list, the biggest fall since the group was first compiled 21 years ago.

Steel tycoon Lakshmi Mittal has seen £16.9bn evaporate from his fortune due to the collapse of the world steel market this year, but remains the richest person in Britain with a fortune of £10.8bn. The Duke of Westminster is the richest Briton, and continues to occupy third position overall due to his real estate fortune of £6.5bn.

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