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At the top of the list: brothers Srichand and Gopichand Hinduja, with £16.2 billion - up from £13 billion past year. The Hinduja Brothers Srichand and Gopichand jumped up the ladder to become the top billionaires of the country with an estimated fortune of 16.2 billion pounds.

Robert Watts, compiler of the list, said: "While many of us anxious about the outcome of the European Union referendum, many of Britain's richest people just kept calm and carried on making billions".

"The furnaces are roaring again in the steel industry".

In the past 12 months, the total wealth of Britain's richest 1,000 individuals and families surged 14 per cent to £658 billion ($854 billion, 777 billion euros), the paper said.

Mittal with his £27.7-billion fortune in 2008 is a far cry from his present position. There was not a single Briton in the top 5, with Ukranian businessman Len Blavatnik picking up the 2nd spot with an approx £15.98 billion net worth and Russian oligarch Alisher Usmanov at the fifth spot with a net worth of approximately 11.8 billion.

"The super-rich continue to streak away from the rest of us, while the poorest see their wealth shrink".

New billionaires Gujarati migrant brothers Mohsin and Zuber Issa are also among the top 40 Indian-origin super-rich.

The only British-born billionaire in the top 10 is Hugh Grosvenor, 26. who became the world's richest under-30 when he inherited his father's estate previous year.

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As for the $220 sandals, LaVar says they feel better than the cheaper ones you can get from luxury brands like Gucci and Prada. If you're not an athlete where half a grand is nothing to you, you're probably not buying the ZO2s (nor should you).

The singer is now worth 125 million pounds, making her the sixth richest person under 30.

London remains the city with the most billionaires at 86, up nine over 2016.

The editor of the Sunday Times Rich List, Alastair McCall, believes those featured at the top of the pile have prospered by "keeping calm" and focusing on their jobs, in spite of fears over Brexit's financial implications.

Among the artists, Mumbai-born sculptor Anish Kapoor makes the list of 1,000 with 134 million pounds.

The annual rich list published Sunday revealed the total wealth of the richest people has gone up in the past 12 months by 83 billion pounds (108 billion USA dollars) to a record 658 billion pounds (855 billion US dollars).

"We're seeing more and more diversity in the make-up of the Rich List".

The figure in 2016 was £103 million.