Paul McCartney turns into first British musician billionaire

by time news

2024-05-17 11:00:00

By Le Figaro with AFP

Posted 18 minutes in the past

Paul McCartney, proper, with Ringo Starr, members of The Beatles. BEN STANSALL / AFP

At 82, the ex-Beatles climbs to one hundred and sixty fifth place within the Sunday Occasions’ annual rating of the nation’s richest folks, unveiled this Friday.

He’s the primary British musician to amass such a fortune. Ex-Beatles Paul McCartney has entered the billionaires’ membership, in keeping with the annual rating of Sunday Occasions of the 350 best fortunes within the nation revealed on Friday. At 82, he climbed to one hundred and sixty fifth place, reaping the fruits of his a number of live shows and his copyrights, with a bit of assist this yr from the American singer Beyoncé, who lined the track on her newest album “Blackbird» des Beatles.

In whole, in keeping with the “Wealthy Record» from the Sunday Occasions, the UK totals 165 billionaires, six lower than final yr, and 12 lower than the document reached in 2022, with 177 billionaires, pushing the newspaper to emphasise that “plainly (…) the wealthy of the world are beginning to go away” from the nation. Among the many causes given by the newspaper is the tax stage which has elevated lately or the misplaced luster of the London Inventory Trade which attracts much less capital. The mixed wealth of the nation’s 350 richest folks additionally fell barely, from 796.5 billion kilos (929 billion euros) to 795.3 billion (927.7 billion euros), because of rising rates of interest, inflation and a sluggish economic system.

The best British fortunes

On the prime of the rating remains to be the household of Gopi Hinduja, proprietor of a conglomerate in finance, power and tech, with a fortune estimated at 37 billion kilos. She is forward of Leonard Blavatnik and his 29.2 billion kilos, who controls Warner Music Group or the music platform Deezer, who’s second forward of businessmen Simon and David Reuben (24.9 billion). Prime Minister and former funding banker Rishi Sunak and his spouse Akshata Murty, heiress to the founding father of Indian expertise large Infosys, are ranked 245th, with a fortune of 651 million kilos.

King Charles III isn’t far behind, in 258th place, with 610 million kilos, the Sunday Occasions specifying that it has made a cautious evaluation of the sovereign’s fortune, excluding specifically the property he possesses as monarch because the Duchy of Lancaster or the Crown Property. Among the many new entrants within the rating are F1 driver Lewis Hamilton and the son of former Prime Minister Tony Blair, Euan Blair, co-founder of Multiverse, a tech firm which develops studying in corporations.

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