The 2012 Rich List, which is published this weekend, will see 54 hedge fund managers take their place among the richest Britons.
Topping the league table of hedge fund managers is Alan Howard, co-founder of Geneva-based Brevan Howard.. Making his mark as one of the most newly made billionaires, Howard, 48, launched the hedge fund in 2002 and has trebled his personal wealth since 2009 after a stellar 2011 produced fees of $1.5 billion. The Sunday Times Rich List estimates his personal wealth to be £1.4 billion - a huge increase from £975m in 2011 and £375m in 2009.
Chris Levett is a newcomer to The Sunday Times Rich List with a fortune of £250m.. Levett launched London-based Clive Capital in 2007. Clive Capital is the world’s biggest commodities fund management company, with $4 billion under management.
The 24th annual Sunday Times Rich List is based on identifiable wealth (land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies), and excludes bank accounts (to which the paper has no access).
The list is compiled by Philip Beresford, the leading authority on British wealth, and edited by Ian Coxon. Here are the top 20 richest hedge fund millionaires in the UK and Ireland:
Here are the top