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Chelsea chief is UK’s richest person

Chelsea Football Club owner Roman Abramovich is the UK’s richest person with a family fortune almost seven times that of the Queen, a new report says.

The Russian’s £7.2 billion wealth puts him top of the Mail on Sunday Rich Report 2004, ahead of Tetrapak billionaire Hans Rausing and the Duke of Westminster.

The report includes the 300 richest UK-based men and women whose combined wealth comes to £147.3 billion - up 28% on on a year ago.

Harry Potter author JK Rowling, whose £530 million fortune recently earned her a place in the prestigious US-based Forbes magazine’s rich list, is absent from the new report’s top 10.