The Sunday Timeshas released its revealing Rich List for 2022 to remind everyone else just how wealthy the top 1% really are.
But among all the Sirs and Dukes, tech innovators and oil moguls are individuals who have ties to someone particularly sinister – Vladimir Putin.
When Russia attacked the peaceful and free country of Ukraine on February 24, the UK and European Union, along with a number of other governments, placed sanctions on Russian oligarchs.
Many of these oligarchs live in the UK, in London particularly.
Of the top 20 richest people in the UK, according to the latest Rich List, three have known connections to Putin and his regime.
Sunday Times Rich List 2022 – connections to Putin
Amongst the list’s many varied wealthy individuals and families are some who have historically been linked to Russian president Vladimir Putin.
The standout example among the top 20 richest in the UK is Alisher Usmanov, who has been hit hard by international sanctions since Putin’s invasion of Ukraine.
The 68-year-old’s yacht, Dilbar – the world’s largest at 512ft – currently resides with German authorities while his Sardinian villa and Mercedes-Maybach limo (worth £550,000) are safe in the hands of the Italian police.
The French even have his helicopters but, with a net worth of £10billion, he is still up to the gills in cash.
He owns a massive Tudor mansion in leafy Surrey that he bought for £10million back in 2004. It is Grade-I listed and covers around 300 acres.
Also in the top 20 is Mikhail Fridman, 58. He was part of an early wave of EU sanctions slapped on Russian oligarchs based in London when Ukraine was invaded.
Born in Lviv, Ukraine, in 1964 the sanctions labelled him an “enabler”, a “top Russian financier” of Putin's inner circles.
With his assets frozen, he was unable to pay for a £200 doctor's bill in March despite having a huge net worth of £8.2billion – a £2.6billion drop on 2021, which sees him plummet eight places on last year to number 19.
He is protesting against the sanctions, claiming he has never met the Russian president for a meeting between the two of them alone.
Scraping into the list at number 20 is Moshe Kantor with a net worth of £8billion.
The 68-year-old is close to Putin and was sanctioned by the UK government in 2018.
He lives in Hampstead Garden suburb with his wife and five children and is a joint citizen of Israel, Russia and the UK.
He has been awarded honours by Russia during his life, including the Order of Honour in 2016 which can only be handed down by Presidential decree.
Roman Abramovich has dropped out of the top 20 and is £6.1billion lighter than last year after he was badly affected by the sanctions and financial activity following the invasion.
He wrote a debt of £1.5billion to Chelsea FC, which he has been forced to sell, and he is thought to be unlikely to see any money from the sale as funds will go to charity to help war victims.
Sunday Times Rich List top 20
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- Sri and Gopi Hinduja and family – £28.47 billion
- Sir James Dyson and family – £23 billion
- David and Simon Reuben and family – £22.26 billion
- Sir Leonard Blavatnik – £20 billion
- Guillaume Pousaz – £19.26 billion
- Lakshmi Mittal and family – £17 billion
- Christoph Henkel and family – £15 billion
- Guy, George, Alannah and Galen Weston and family – £13.5 billion
- Kirsten and Jorn Rausing – £12 billion
- Charlene de Carvalho-Heineken and Michel de Carvalho – £11.42 billion
- Michael Platt – £10 billion
- Alisher Usmanov – £10 billion
- The Duke of Westminster and the Grosvenor family – £9.73 billion
- Barnaby and Merlin Swire and family – £9.6 billion
- Marit, Lisbet, Sigrid and Hans Rausing – £9.49 billion
- Anil Agarwal – £9.2 billion
- Denise, John and Peter Coates – £8.64 billion
- John Fredriksen and family – £8.31 billion
- Mikhail Fridman – £8.22 billion
- Moshe Kantor – £8 billion
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