Simon Cowell richer by £40 million - News in brief - Evening Standard
       

Simon Cowell richer by £40 million

Music mogul Simon Cowell's wealth has ballooned by an extra £40 million in just one year, according to The Sunday Times Rich List.

The X Factor and American Idol judge, 47, now sits on an estimated wealth of £100 million. From 944th position last year to 700 this year, no other individual from the world of pop has risen up the ranks so much.

The music entrepreneur has overtaken Robbie Williams, 33, in the forthcoming Sunday Times list, which forms the basis of ITV1 show Britain's Rich List.

Pop star Williams, at number 755, has increased his wealth by £5 million despite a spell in rehab and the critical mauling of his latest album, to £95 million this year.

The world's richest footballer, David Beckham, 31, has an extra £25 million, which takes his wealth to £112 million, and is ranked at 619. Chelsea owner Roman Abramovich's divorce settlement with wife Irina has no impact on his Rich List position, remaining at number two with an estimated £10.8 billion.

EasyJet's Stelios Haji-Ioannou, 40, is closing the gap with entrepreneur Richard Branson, 56, having broken the billionaire barrier. Stelios is now worth £1.29 billion and has moved up from 80 to 49th place. Branson has dropped out of the top 10 and has fallen two places to 11 with £3.1 billion assets.

Sir Paul McCartney, whose divorce settlement with Heather Mills is yet to be thrashed out, is currently ranked at 102 with £725 million.

The wealthiest man in Britain, taking first place in the list, is steel magnate Lakshmi Mittal. He has increased his fortune to more than £19 billion - up from last year's £14.9 billion.

The list, presented on ITV1 by Dragons' Den star and businessman Peter Jones, worth £160 million, shows that Britain's super-rich are getting wealthier. It now takes £70 million to even make the 1,000-strong list, compared to £60 million in 2006. The number of billionaires in the annual list will be up by more than 20% against last year's total of 54. It also shows that fewer than 10% of Britain's richest 1,000 are women.

There are 37 music industry professionals on the list but no pop stars under the age of 30, thanks to astute record company contractors. At 33, Angels star Williams is one of the youngest to make the grade. Britain's Rich List is broadcast at 9pm on ITV1 on Thursday night.

News in brief in Pictures

Don't Miss
Gala night for the Queen of arts - stars turn out in their hundreds to pay tribute

Happy & glorious

Stars turn out in their hundreds to pay tribute to Queen
Prints charming: patterned trousers for summer

Prints charming

Patterned trousers for summer
Promethipedia: the lowdown on Ridley Scott's new blockbuster Prometheus

Promethipedia

The lowdown on Ridley Scott's new blockbuster Prometheus
The Middletan: Kate Middleton has the most requested tan in London

The Middletan

Kate Middleton has the most requested tan in London
Amy Childs bares all like Britney

Dare to bare

Amy Childs vajazzles like Britney
Thais go Gaga: singer’s ‘fake rolex’ tweet sparks new tour row... but fans still mob her at airport

Thais go Gaga

Singer mobbed at airport
Trip the bright fantastic - in vertiginous neon

Fashion

Trip the bright fantastic - in vertiginous neon
Chelsea Champions League celebrations - in pictures

Victory parade

Chelsea Champions League celebrations
High-flying heroes

High flying heroes

David Oyelowo reveals all about new film Red Tails
The Twitter Diaries: Think Bridget Jones tries social networking

The Twitter Diaries

Think Bridget Jones tries social networking