The latest Sunday Times Rich List reveals significant changes among the UK's wealthiest individuals. Graham King, known as the 'migrant hotel king,' has entered the list for the first time with a £750 million fortune, largely earned from housing asylum seekers. His firm earns £3.5 million a day to accommodate arrivals, placing him among the country's 350 richest people. The Hinduja family remains at the top with a £37.2 billion fortune. Prime Minister Rishi Sunak and his wife's family have seen their wealth increase by £120 million, bringing their total to £651 million. Meanwhile, Sir Jim Ratcliffe has dropped to fourth place, with his fortune falling by £6 billion over the past year. Despite this decline, he remains one of the richest people in the UK. Graham King, an Essex businessman, previously owned a taxi firm, car dealership, and nightclub before moving into refugee accommodation.
Sir Jim Ratcliffe loses billions in wealth despite being UK's fourth-richest billionaire https://t.co/9jzPYiSTt5
Graham King is expected to become Britain's first immigration industry billionaire because he has a contract with the Home Office that will last until September 2029. The 'king' of Britain's migrant hotels has a soaring £750million fortune that has catapulted him into Britain's… https://t.co/rRRgqWmlEJ
The 'king of migrant hotels' has a soaring £750million fortune that has catapulted him into Britain's Rich List for the first time. Andre Walker: "This is a kick in the teeth for British people." @andrejpwalker @virtualash @loisperry26 @B_HQ https://t.co/K1dz2Ci9BU
Sir Jim Ratcliffe loses billions in wealth despite being among richest billionaires https://t.co/9jzPYiSTt5
The 'migrant hotel king' making millions from housing asylum seekers: How Essex businessman owned taxi firm, car dealership and nightclub before moving into refugee accommodation (and doubled his profits as small boat crossings surged) https://t.co/bSrGn0SOA0 https://t.co/0dBxGjoxuB
The UK's mega rich are dwindling in a sign Britain's "billionaire boom has come to an end", according to the latest Sunday Times Rich List. Read more about the new list here ⤵️ https://t.co/0VrIOEGyt4
Man Utd co-owner Jim Ratcliffe's fortune drops by £6bn on Sunday Times Rich List https://t.co/gBY62JpOIf
Rich List 2024: A ‘migrant hotel king’, Britain’s ‘richest gypsy’ and Rishi Sunak top UK’s wealthiest people https://t.co/0yXJZ9UONi
British asylum housing tycoon breaks into Sunday Times rich list Graham King, whose firm is paid £3.5m a day to accommodate arrivals in the UK, listed among country’s 350 richest people https://t.co/r6QWm7eNJB
Sunday Times Rich List 2024: Who are the UK’s wealthiest people? https://t.co/0yXJZ9UONi
📉 Sir Jim Ratcliffe has seen his personal worth fall by £6billion in the last year 💰 He's still one of the richest sport-affiliated people in the UK, according to latest figures, and one of the richest people in the UK overall https://t.co/KgwzQvGEyc https://t.co/lWTIUa1SBh
Just in 🔥 New Rich List out sees Sunak and wife's family fortune rise by a whopping £120 MILLION to a staggering £651 MILLION. Meanwhile the entire country collapses around us. He represents the traitorous regime of this country in all its stinking corruption. https://t.co/BmSY1PfOjl
Sir Jim Ratcliffe drops to fourth in list of wealthiest UK billionaires https://t.co/9jzPYiSTt5
British asylum housing tycoon breaks into Sunday Times rich list https://t.co/cMG8BYJhr2
'Migrant hotel king' enters Britain's rich list with £750m fortune after cashing in on asylum seeker crisis - as £37.2bn Hinduja family still top list, Rishi Sunak and King's wealth grows and 'richest gypsy' Alfie Best nears first billion https://t.co/U6K7Rh1jkA https://t.co/WYhWRpMWeZ