London: For the third consecutive year, G P Hinduja and S P Hinduja emerged as the richest Asian-origin entrepreneurs in Britain with an estimated personal fortune of 15.5 billion pounds.
They topped the ‘Asian Rich List 2015’ released here and the annual rankings showed that they had added 2 billion pounds to their personal fortune in a year to be worth an estimated 15.5 billion pounds. The Hinduja brothers, who head the Hinduja Group global conglomerate spread across defence, banking, automotive and power sectors, are also the richest men in the UK.
Talking about plans to take up the Narendra Modi-led government’s ‘Make in India initiative’ to expand the group’s manufacturing base in India, G P Hinduja had recently said, “We are expanding in a big way.” The ‘Asian Rich List’ assesses the total wealth of Britain’s top 101 richest Asians and is compiled by UK-based publishing house Asian Media and Marketing Group (AMG).
This year’s analysis showed that the UK’s richest Asians have added an estimated 3 billion pounds to their fortunes to be collectively worth 54.5 billion pounds. It also showed that low interest rates and slowing economic growth have hit the UK’s wealthiest as the pace of their wealth creation slowed by more than half last year to just 5 per cent.
