The UK's super-rich have never been richer, according to this year's Sunday Times Rich List.

The top 1,000 richest people in the country now have more than £400bn between them, it estimates - up almost £53bn in the last year.

Forty of the top 75 are foreign. Indian steel tycoon Lakshmi Mittal is top again with £27.7bn, up £8bn on 2007.

Times are harder for UK figures such as Virgin boss Sir Richard Branson, whose fortune dropped by £400m to £2.7bn.

(Article continues below)

Sir Richard has dropped nine places in the list, down from 11th in 2007 to 20th.

New entries

It is the fourth year running that Lakshmi Mittal has topped the list.

Second is Chelsea owner Roman Abramovich, the Russian oil and industry tycoon who saw his fortune increase from £10.8bn to £11.7bn this year.

New entries in the top 10 include steel and mines magnate Alisher Usmanov - the largest shareholder in Arsenal football club - who comes in at five with £5.7bn.

Full article here.