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The UK's wealthiest property investors

Sky high: Here’s how London’s landmark buildings may look once developments are completed. Photo: Daniel Tomlinson/Getty
Sky high: Here’s how London’s landmark buildings may look once developments are completed. Photo: Daniel Tomlinson/Getty

Where there’s wealth, there’s often property investment.

Many of the richest people in the UK owe a large part of their fortune to property in some form, either land, residential, or commercial.

The surge in property prices over the past couple of decades has grown the wealth of those lucky, smart, or aristocratic enough to have serious money in the sector.

With combined wealth of almost £44bn, these are the five richest property investors in the UK, according to the Sunday Times Rich List 2018.

The Reuben Brothers — £15bn

Born in India, raised in London, and now living in Monaco, Simon and David Reuben, both in their 70s, come out on top of the list. They own major properties across central London, including Westminster’s Millbank Tower, Piccadilly’s historic Burlington Arcade, and the John Lewis HQ on Oxford Street.

The Duke of Westminster — £9.96bn

True to the aristocratic title, the current Duke of Westminster Hugh Grosvenor, who is just 28, and his family own swathes of land across the borough of Westminster. The family owns even more property through the Grosvenor Group investment company.

The Barclay Brothers — £7.4bn

Sirs David and Frederick Barclay, better known as the Barclay Brothers, are now in their 80s. They own the Ritz Hotel on Piccadilly, which they bought and restored in 1995. They also own Telegraph Media Group and live on the tiny Channel Island of Brecqhou.

Earl Cadogan — £6.7bn

The top five features another aristocrat, 82-year-old Earl Cadogan. For hundreds of years, his family has owned a large amount of land in Kensington and Chelsea, spanning residential and commercial property through their company Cadogan Estates.

Sir Henry Keswick — £4.78bn

Shanghai-born Henry Keswick, 80, and his family operate their business Jardine Matheson, which invests heavily in Asian property. The family owns the Mandarin Oriental Hotel Group, known for its iconic hotel in Knightsbridge on the edge of Hyde Park.