The richest people in Wales have been named in this year’s The Sunday Times Rich List - with five billionaires on the list. Each year, The Sunday Times Magazine reveals the wealth of the 350 richest people in Britain.
According to the 68-page special edition, there are 171 billionaires in the UK recorded this year, down 6 from 2022, the first fall for 14 years. The combined wealth of the UK billionaires is £683.856 billion, up £30.734 billion, or 4.5 per cent, on the total wealth of the billionaires in last year’s Rich List.
The list is based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies. It excludes bank accounts, to which the paper has no access.
