Gopi Hinduja and his family, owners of multinational conglomerate Hinduja Group, topped the recently released Sunday Times Rich List 2024.
According to a report from daily expressSince last year, the family's collective net wealth has risen to a staggering £37.196 billion with a substantial increase of £2.196 billion.
The recent rise in the family's wealth translates into an average daily increase of more than £6m.
This includes business operations spanning 48 countries across diverse sectors including petroleum, specialty chemicals, IT, cybersecurity, automotive, healthcare, trade, infrastructure, media, property and energy.
84-year-old Gopi, also known as 'GP', plays a pivotal role in running the empire along with his brothers Srichand Hinduja, Prakash P Hinduja and Ashok Hinduja.
However, Srichand died last year at the age of 87.
The origins of the empire can be traced back to Gopi's father, Parmanand Deepchand Hinduja, who started the business by trading goods in Sindh at the beginning of the last century.
Approximately eight years after his death, his sons moved the company to London in 1979, steadily expanding its global presence.
In the 1980s and 1990s, the four brothers expanded their business empire into various sectors, including IT, trucking, banking, and other fast-growing sectors.
Gopi and Srichand bought Winston Churchill's Second World War base in central London for £350 million and spent around £900 million converting it into a new hotel last year, called The Raffles Hotel.
The hotel has 120 rooms costing between £1,000 and £25,000 per night.