£22.855 billion held by Channel Islands' richest

Monday 13 May 2019

The six richest residents in the Channel Islands alone are worth more than the top 27 richest in the entire country of Wales.

Released yesterday, the statistics were compiled as part of the Sunday Times Rich List, which is published every year showing the top 1,000 richest people in Britain.

The 2019 list shows that Sark's Barclay brothers (pictured above) have regained the top spot, with wealth amassing £8billion - a £600 million increase on last year.

They took the lead from Russian oligarch and Chelsea FC owner Roman Abramovich, who was granted Jersey residency, which he eventually decided not to take up.

Pictured: Roman Abramovich did not take up Jersey residency in the end.

The Barclay Brothers' business portfolio includes the Telegraph newspaper, Littlewoods and Very.co.uk. They are 17th overall on the rich list rankings this year, which can be viewed in full below.

Second highest ranking on the Channel Islands list was Jersey-based alcohol magnate Glenn Gordon - the man behind Glenfiddich and Hendrick's gin. While he was only second in the Channel Islands, he took the title of 2019's wealthiest Scot.

The total wealth among the 19 richest in the Channel Islands who made it onto the list is £22.855 billion, with the top 6 accounting for £17.757billion of that figure. The 27 rich list entrants on the Welsh list are worth a combined wealth of  £15.485 billion, with number two on the list being Douglas Perkins, who also features at number 4 the Channel Islands list. 

Pictured: Jersey resident Sir Philip Green, who heads the Topshop retail empire, saw his wealth decrease by £1.05billion.

Guernsey resident Steve Lansdown (no. 5)recently purchased the Grande Mare Hotel.

Jersey residents Sir Philip Green and Lady Green who own Topshop and Debenhams experienced the biggest loss of this year's regional listings, with his billionaire status stripped after a difficult year for his business. 

READ: The full list by the Sunday Times...