Britain is now home to almost 70 billionaires with steel magnate Lakshmi Mittal heading the latest annual Rich List.
It seems the richer one is, the easier it is for one to get even richer.
Mittal led the field with a fortune estimated at 19.25 billion pounds.
Next in line came Russian oil magnate and Chelsea Football Club owner Roman Abramovich. Despite divorcing from his wife Irina, he is still worth 10.8 billion pounds.
Then The Duke of Westminster. Thanks to his portfolio of lucrative properties in London's choicest areas.
Two new entrants in the latest top list are art collector David Khalili and businessman Jim Ratcliffe.
Khalili, an Iranian who now lives in London, has built up a huge collection of Islamic art.
Ratcliffe has been dubbed the chemical industry's "answer to Lakshmi Mittal" for building up his business empire over the past 15 years.