Warner Music Owner Len Blavatnik Drops to No. 3 on U.K. Rich List


Len Blavatnik, Vice Chairman/Owner, Warner Music Group

Warner Music owner Len Blavatnik dropped two places to the third spot on the annual Sunday Times Rich List of the 1,000 wealthiest Brits.

Published by the newspaper owned by Rupert Murdoch's News Corp, the list of Britain's richest also includes such new entrants as Sacha Baron Cohen and wife Isla Fisher and such celebrity mainstays as Simon Cowell, Paul McCartney and Richard Branson.

The Sunday Times estimated Blavatnik's fortune at $16.8 billion (£11.6 billion), down nearly £1.6 billion from last year, while Branson is ranked 19th with $6.5 billion (£4.5 billion).

Cowell's estimated fortune rose to $434 million (£300 million), almost within reach of Queen Elizabeth II's $477 million (£330 million).

Adele Named U.K.'s Wealthiest Female Musician

Baron Cohen and Fisher's joint fortune is estimated at $152 million (£105 million), enough for the 936th rank on the list, according to the paper.

As reported last week, Adele is the highest-ranking British female, and the country's richest female ever, on the Sunday Times music rich list with an estimated fortune of $123 million (£85 million), up by £35 million. On the Young Rich List sub-section, she ranks seventh, just ahead of Daniel Radcliffe with $107 million (£74 million), up £5 million from 2015, and no. 10 Robert Pattinson with an unchanged fortune estimated at $94 million (£65 million).

One Direction, meanwhile, was worth a combined $191 million (£132 million), according to the paper's estimates.

Somewhat of a surprise on the list is Salma Hayek, who was ranked as the number 8 among all women. The Sunday Times said she earns an estimated $17 million (£12 million) per year from her Hollywood work. But together with husband Francois-Henri Pinault, owner of luxury group Kering, her fortune was estimated at $3.4 billion (£2.35 billion).

Billboard Power 100: No. 8: Len Blavatnik, Vice Chairman/Owner of Warner Music Group

The paper also said that Kate Middleton helped send David Reiss, the founder of fashion chain Reiss, onto the rich list for the first time, ranking his family 410th with an estimated fortune of $361 million (£250 million).

Property tycoons David and Simon Reuben, who own London's Millbank Tower and London Oxford Airport, among others, top the list with an estimated fortune of $18.9 billion (£13.1 billion). Overall, the list includes 120 billionaires, up from 117 in 2015. Their combined wealth of more than $497 billion (£343.9 billion), rose 5.8 percent from 2015.

This article was originally published by The Hollywood Reporter.


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