For many years, the annual unveiling of the Sunday Times rich list in the UK has been as much a part of the socialite diary as say the races at Royal Ascot. And while perfume barons, metal heiresses and theatre impresarios generally claim to take no notice of such rankings, and often question the calculations involved, most people not on millionaires’ row imagine many a grudge lengthened, score settled at each year’s batch of figures. As usual, several Indian, British-Indian, and Indian-born industrialists are the talk of the gilded town. This year the Hinduja brothers have fallen to second spot; more startlingly, or perhaps not given the state of the British steel industry, the ArcelorMittal owner, Lakshmi Mittal, has hurtled off the top 10, after losing £2.08bn in the past year.
But sitting high, with a fortune of £13.1bn, are the Bombay-born Reuben brothers, David and Simon, who head up a property empire in the UK and beyond. Among their London portfolio is the prestigious Millbank Tower and John Lewis’s...
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