The Sunday Times Magazine - UK (2022-05-22)

(Antfer) #1

Rich List 2022 Billionaires


Donald Trump has found Baturina, 59, a
useful weapon in his campaign to discredit
his successor in the White House. He has
suggested that a $3.5 million “consultancy”
payment from Baturina, the widow of a
former mayor of Moscow, to a company
linked to President Biden’s son Hunter
might have muted the US response to
Russia’s attack on Ukraine. Lawyers for
Hunter Biden deny that he co-founded or
owned the firm in question.
London-based Baturina became
Russia’s richest woman by building a
fortune from property and cement from
1992 to 2010, when her husband Yuri
Luzhkov was in office. A “working-class

girl” whose first shifts were in a factory, she
had amassed £2.6 billion by 2008 until the
Russian state confiscated some of her
assets. Since selling her two main
businesses for more than £1.25 billion in
2011 she has invested heavily in hotels. She
paid €22 million for the Morrison in Dublin
in 2012 and another €10 million on
renovations. She has also invested in
southern European solar energy and
property including Beaurepaire Park in
Hampshire plus homes in Moscow,
London, Spain and Austria. She is a leading
collector of handmade Imperial Porcelain
and her Be Open foundation supports
young creatives. 2021: £1.133bn, 153

160= YELENA BATURINA
£1.133bn No change ■
Construction

144 LADY BALLYEDMOND AND FAMILY
£1.247bn No change ■
Pharmaceuticals: Norbrook 2021: £1.247bn, 135

145 TROND MOHN AND MARIT MOHN WESTLAKE
AND FAMILY
£1.245bn £14m ▼
Industry 2021: £1.259bn, 131

146 STEVE LANSDOWN
£1.237bn £128m ▼
Finance: Hargreaves Lansdown 2021: £1.365bn, 124

147 SIR TERRY MATTHEWS
£1.23bn £10m ▼
Computers 2021: £1.24bn, 136

148 SIR CAMERON MACKINTOSH
£1.205bn £5m ▲
Entertainment 2021: £1.2bn, 138=

149= JOHN ARMITAGE
£1.2bn No change ■
Hedge fund 2021: £1.2bn, 138=

149= LORD GRANTCHESTER AND THE MOORES FAMILY
£1.2bn No change ■
Retailing and football pools 2021: £1.2bn, 138=

149= GEETA GUPTA-FISKER AND HENRIK FISKER
£1.2bn New entry ★
Electric vehicles: Fisker

Interview, page 34

149= ELISABETH MURDOCH
£1.2bn No change ■
Media 2021: £1.2bn, 138=

149= VISCOUNT ROTHERMERE AND FAMILY
£1.2bn £120m ▲
Media 2021: £1.08bn, 160

154= NADHMI AUCHI
£1.182bn No change ■
Finance 2021: £1.182bn, 146

154= HENNING CONLE AND FAMILY
£1.182bn £14m ▲
Property: Sirosa 2021: £1.168bn, 148

156 MARK COOMBS
£1.18bn £394m▼
Finance 2021: £1.574bn, 102

157 PETER JONES AND FAMILY
£1.167bn £10m ▲
Property 2021: £1.157bn, 150

158 LORD KIRKHAM AND FAMILY
£1.14bn No change ■
Furniture and investments: DFS 2021: £1.14bn, 152

159 MARK DIXON
£1.135bn £302m ▼
Serviced offices 2021: £1.437bn, 116

160= CHARLES CAYZER AND FAMILY
£1.133bn £174m ▲
Finance 2021: £959m, 173

162 SIR DAVID MCMURTRY
£1.13bn £650m ▼
Engineering: Renishaw 2021: £1.78bn, 93

163 DAVID AND JACK SULLIVAN AND FAMILY
£1.118bn £78m ▲
Property, football and media 2021: £1.04bn, 162

164 EUGENE SHVIDLER
£1.1bn New entry ★
Oil, gas and investment

Shvidler, an old mate of Roman Abramovich (qv), is “hoping and
praying for peace” in Ukraine, a spokesman said. It did not stop the
British citizen being added to the UK sanctions list. Two of his private
jets, together worth $58 million, are grounded and his £197.7 million
stake in Evraz, the London-listed steel group, is frozen, but they still
count in his valuation. Moscow-born Shvidler, 58, made £6.6 billion
with Abramovich selling the Russian oil company Sibneft via
Millhouse Capital in 2005. He advised on the purchase of Chelsea
Football Club and in 2006 Abramovich gave him the 370ft yacht
Le Grand Bleu. Shvidler has a house in Surrey and is thought to have
sold a £22 million London mansion.

165 CHRISTINA ONG AND FAMILY
£1.089bn £89m ▲
Retailing and hotels 2021: £1bn, 165=

Yelena Baturina, below,
has invested in hotels
and renewable energy
since moving to London

OILING THE WHEELS
Entry 164, £1.1bn

32 • thesundaytimes.co.uk/richlist
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