London:Â Â India-born Hinduja brothers, Srichand and Gopichand Hinduja, have emerged as the richest men in Britain with a net wealth of 11.9 billion pounds (about $20 billion), according to a report.
The owners of the global conglomerate Hinduja Group saw their fortune rise by 1.3 billion pounds during last year, Daily Mail reported citing the 2014 Sunday Times Rich List that will be published on May 18.
The London-based businessmen, who ranked third last year, replaced last year’s richest man Russian business magnate Alisher Usmanov at the top after the Arsenal shareholder saw his fortune fall to 10.65 billion pounds.
Lakshmi Mittal, an Indian steel tycoon owning ArcelorMittal, ranked third in the list with a fortune of 10.25 billion pounds.
The study revealed a total of 104 billionaires based in Britain with a combined wealth of more than 301 billion pounds.Â
The richest Briton on the list is the Duke of Westminster whose fortune rose to 8.5 billion pounds. The list also pointed out that Britain has more billionaires per head of population than any other country in the world.