Alan Sugar Akshata Murty Britain Ukraine Russia stars Waves Alan Sugar Akshata Murty Britain Ukraine Russia

Britain now has more billionaires than ever despite cost of living crisis

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Rishi Sunak, has also made the list of top earners this year. He's the first frontline politician in the UK to make the list in more than 30 years.Despite making money as a hedge fund manager before moving into politics, the 42-year-old's wealth derives largely from his wife, Akshata Murty, who owns a £690m stake in an IT business founded by her father.

Despite many billionaires thriving, the wave of sanctions imposed against Russian oligarchs since the start of the war in Ukraine has badly dented a number of people's wealth.

This includes former Chelsea owner Roman Abramovich, with the 55-year-old tumbling down the list, from 20th place to 28.Lord Alan Sugar has also slipped down the Rich List as his net worth crashed by £112 million.However, despite his huge loss, Lord Sugar is still worth over a billion pounds and is now ranked at number 166 on the list with a worth of £1.088bn.Get all the biggest Lifestyle news straight to your inbox.

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