Who Are The Five Wealthiest UK Families And How Did They Get So Rich?

How Did The Five Wealthiest UK Families Get So Rich?
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Adam Gault via Getty Images

The UK's five wealthiest families are richer than the poorest fifth of the entire country, 12.6 million Britons, new research by Oxfam has shown.

In the last 20 years, the wealthiest 0.1% have seen their income grow nearly four times faster than the least well off 90 percent of the population. The five richest families in Britain now have a combined wealth of £28.2 billion.

Who are these wealthy families who are so astonishingly rich? Here is all you need to know about who they are and where they got their fortune from.

5 richest families in UK and how they got their wealth
Gerald Cavendish Grosvenor & family (£13bn)(01 of05)
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The Duke of Westminster, Gerald Grosvenor, is the richest property developer in the country. He and his family own around 300 acres of land and vast chunks of London's Mayfair and Belgravia.
David & Simon Reuben (£11.5bn)(02 of05)
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The brothers made their fortune investing in Russia's metals market.By 2000, they quit doing business in Russia and shifted their attention towards the UK property market and have been involved in financing major acquisitions and investments in tech firms.
The Hinduja Brothers (£10bn)(03 of05)
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Srichand and Gopichand Hinduja co-chair the Hinduja Group, a multinational conglomerate, which has interests in firms ranging from trucks and lubricant to banks and healthcare.
Charles Cadogan & family (£6.9bn)(04 of05)
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Charles, the 8th Earl of Cadogan, gets his wealth from the 90 acres he owns which stretch across Chelsea and Knightsbridge. Cadogan, who started out at merchant banker Schroder Wagg, has been classed as the second richest UK-based peer behind the Duke of Westminster.
Michael Ashley(£5.5bn)(05 of05)
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Retail entrepreneur Ashley made his millions after starting up the Sports Direct chain.He also paid £135m to buy Newcastle United football club.