The 17 richest young millionaire athletes in Britain

LEGEND Sir Paul Mc Cartney performs in Perth Australia

Their young and rich. Unsplash / Nik MacMillan LONDON - The Sunday Times' "Rich List," the British paper's annual ranking of the 1,000 richest individuals in the country, will be released Sunday.

At number one on the rich list, moving up 17 places, is Ineos chemicals magnate Jim Ratcliffe, who has an estimated fortune of £21.1 billion. Eddie and Malcolm Healey are said to be in second place with £1.6 billion, up £120 million. Gone are the days when old money and a small band of industries dominated the Sunday Times Rich List.

Potter magic continues to cast its lucky spell with J.K. Rowling, the writer of the famous Harry Potter series seeing her wealth increase in 2018 by $68 million to $948 million.

More news: Mancini's Italy head coach appointment paves way for Balotelli return

The List says profits soared by more than 50 per cent in 2016 at Malcolm Healey's West Retail Group, based at Hotham in East Yorkshire, which includes Wren Kitchens and the electronics retailer Ebuyer.

"Thatcher's children, the new generation of entrepreneurs, were getting going in 1989. Aristocrats and inherited wealth has been elbowed out of the list and replaced by an army of self-made entrepreneurs".

This year is the 30th anniversary of the Rich List, with the top 20 now worth a combined £218.6 billion, increasing their cumulative wealth by £33.5 billion in the past year. The billionaire count has risen to 145 - 11 more than previous year.

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