Real estate held by some of the U.K.’s biggest supermarket chains is attracting private-equity firms and hedge funds after a 35 percent gain over five years made the stores worth more than the companies that run them.
Boris Berezovsky, the Russian oligarch who died of an apparent suicide last year, was a “broken man” on anti-depressants after he lost a court case against Roman Abramovich in 2012, witnesses told an inquest.
A coroner refused to rule that Boris Berezovsky, the former Russian businessman found last year with a noose around his neck, committed suicide, saying the burden of proof was too high to determine his cause of death.
Simon Cowell , the pop impresario known for TV shows such as “ American Idol ,” has amassed a fortune of 200 million pounds ($331 million), enough to propel him into the Top 10 of U.K. musical millionaires, the Sunday Times said.
Westfield Group Chairman Frank Lowy sits atop Australia’s rich list for the first time with a personal fortune estimated at A$5.04 billion ($4.14 billion), according to the annual ranking of the nation’s wealthiest people by BRW magazine.
Brevan Howard Asset Management LLP co-founder Alan Howard’s personal fortune increased 44 percent over the past year to 1.4 billion pounds ($2.3 billion), putting him at the top of the annual Sunday Times list of wealthiest U.K. hedge fund managers.
The fortunes of the richest people in the U.K. rose at a record pace last year, with the 1,000 wealthiest experiencing a 30 percent increase in their net worth, according to the annual Sunday Times Rich List.