Rich List: UK wealth sector bosses fall down the rankings as their fortunes decline

Sunak joins the list for the first time

Valeria Martinez
clock • 2 min read

This year’s Sunday Times Rich List saw the positions of the UK's most affluent names in the wealth and asset management sector in the ranking drop, with their fortunes falling by an average of £245m.

Leonie Schroder and her family's spot in the list of 1,000 wealthiest people in the UK fell from 35th to 40th, with losses of £573m taking her total fortune down to £4.6bn. Mark Coombs, CEO of Ashmore Group, saw the second greatest overall decline among the sector, losing £394m of his wealth since last year and falling over 54 spots to 156th, with a fortune of £1.18bn. UK consumer confidence hits record low as the cost-of-living crisis deepens Peter Hargreaves, co-founder of Hargreaves Lansdown, descended 17 spots to 85th place, losing £342m but retaining a fortune of £2.06bn. His ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Wealth Management

Trustpilot