![\"Monaco\"](\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/05\/monaco1.jpg\")
\t\tA number of uber rich Brits have left the UK for jurisdictions such as Monaco\t<\/p>\n\t\t\tFriday 15 May 2026 7:00 am
\n\t\t\t\t\t\u00a0|\u00a0\u00a0Updated:\u00a0<\/p>\n
\t\t\tThursday 14 May 2026 9:32 pm\n\t<\/p>\n
\t\tA number of uber rich Brits have left the UK for jurisdictions such as Monaco\t<\/p>\n
Revolut chief executive Nik Storonsky and quant house luminary Alex Gerko have both featured in the top 10 of The Sunday Times Rich List for the first time, in a year its author warned laid bare the scale of Britain\u2019s wealth exodus.<\/p>\n
As many as one in six of the individuals and families who appeared in the closely-followed ranking in 2024 did not feature in this year\u2019s iteration, its compiler Robert Watts said, because a host of the mainstays of previous lists had quit the UK for a lower-tax jurisdictions.<\/p>\n
\u201cMany foreign billionaires who have been living in the UK have\u2026 dropped out because they have moved away,\u201d he said.<\/p>\n
Sanjay and Dheeraj Hinduja, the British-Indian family who own the eponymous Mumbai-headquartered conglomerate, retained top spot in the annual survey of Britain\u2019s wealthiest individuals, racking up a combined fortune of \u00a338bn. The rest of the top three also remained unchanged from last year\u2019s list, with secretive property magnates David and Simon Reuben and Leonard Blavatnik both boasting fortunes north of \u00a325bn.<\/p>\n
James Dyson was this year\u2019s biggest faller, after the inventor\u2019s firm was especially badly affected by Donald Trump\u2019s swingeing tariffs, Watts said. The hand dryer tycoon\u2019s net wealth was found to have nearly halved from \u00a320bn to \u00a312bn over the course of year, pushing him from fourth to 13th place.<\/p>\n
\t\tCity figures make the Rich List<\/p>\n
City figures also also featured prominently, with Revolut\u2019s Storonsky breaking into the top 10 in the year his fintech juggernaut was granted a UK banking licence and achieved a $75bn valuation<\/a> at a November funding round. Alex Gerko, the enigmatic force behind quantitative trading shop XTX<\/a>, featured one place behind Storonsky in eighth position, with a fortune north of \u00a316bn. Both founders were born in Russia, but have renounced their Russian citizenship after Vladimir Putin\u2019s illegal invasion of Ukraine.<\/p>\n But the report was overshadowed by the scale of the exodus of ultra-high net worth residents that the list uncovered. For the first two decades of the 21st century, the annual who\u2019s who of Britain\u2019s super rich charted a steady rise in fortunes, with rich list wealth growing nearly 600 per cent between 2000 and 2022. But over the last few years, growth in high-net-worth fortunes has stagnated, with its constituents wealth treading water and the number of billionaires falling. <\/p>\n More rich list members living abroad<\/p>\n The number of sterling-denominated billionaires in the UK peaked at 177 in 2022, according to The Sunday Times. This year\u2019s tally of 157 was just one more than in 2025.<\/p>\n \t\t\t\t\tRead more<\/p>\n \t\t\tForget non-doms, it\u2019s the British founder exodus that matters<\/a><\/p>\n