THE family of Sir Ken Morrison and the Issa brothers are among the richest people after being featured in the Sunday Times Rich List 2024.

The 76-page special edition of The Sunday Times Magazine reveals the largest fall in the billionaire count in the guide’s 36-year history, from a peak of 177 in 2022 to 165 this year.

This year’s list of 350 individuals and families together hold a combined wealth of £795.361 billion.

The minimum entry for the list of 350 this year is £350 million.

Morrisons

Supermarket heirs - Andrea Shelley, William Morrison and Eleanor Kernighan - retain their position as the top five richest family in Yorkshire with their fortune of £933 million.

The children of Sir Ken Morrison did considerably well from the private equity takeover of the Morrisons supermarket chain this year.

The Issa brothers

EG Group founders Mohsin and Zuber Issa, who have Bradford links, are the fifth wealthiest in the North West and their fortune currently stands at £5 billion.

The billionaire brothers have maintained the same ranking as 2023 despite them losing around £50 million in the last year, according to The Sunday Times report.

The pair garnered their wealth through fuel distribution and supermarkets.

They founded Euro Garages (later renamed EG Group) in 2001 and later expanded their business portfolio by taking over supermarket giant Asda, and fast food chain Leon.

Wealthiest people in Yorkshire & Humber

The wealthiest people in Yorkshire & Humber are the owners of Lincolnshire-based Wren Kitchens, Hull-born Malcolm Healey and family, but they lost £99 million this year.

Wren Kitchens is Healey's third successful outfit of that kind, which collectively puts his wealth at £1.501 billion. 

The Sunday Times Rich List can be viewed online or in the print edition of the newspaper on Sunday, May 19. 

Robert Watts, compiler of the Sunday Times Rich List, said: “This year’s Sunday Times Rich List suggests Britain’s billionaire boom has come to an end.

"Many of our home-grown entrepreneurs have seen their fortunes fall and some of the global super rich who came here are moving away. 

“Thousands of British livelihoods rely on the super-rich to some extent.

"We’ll have to wait and see whether we have now reached peak billionaire, and what that means for our economy. 

“These may be harder times to create wealth, but The Sunday Times Rich List continues to unearth entrepreneurs building fortunes in diverse and often surprising ways.

"This year’s new entries include people who have made money from artificial intelligence and virtual worlds as well as plumbing supplies and teaching aides.  

“We know many of our readers find such people — especially those from humbler backgrounds — very inspiring.”