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Jim Ratcliffe, the CEO of chemicals giant Ineos, has been crowned the UK's richest man.

The self-made chemicals tycoon from Failsworth, Greater Manchester, is now worth £21.05bn, up by £15.3bn from last year.

Every year the Sunday Times rich list looks into the wealth map of Britain. The project, which logs the wealth of the 1,000 richest people in the UK, is now in its 30th year.

This year, a record 145 billionaires have made it into the list, up from 134 last year. The top 1,000 shared an overall total wealth of £724bn, the highest figure that has ever been recorded for list entrants.

This year also marks a record for wealthy women: there are now 141 female entries, with Charlene de Carvalho-Heineken coming in at the UK's richest woman. Her shared fortune with her husband amounts ti £11.1bn.

Read more: Jim Ratcliffe on brink of choosing location for Land Rover Defender project

Robert Watts, the compiler of the Sunday Times Rich List, said: “Britain is changing. Gone are the days when old money and a small band of industries dominated the Sunday Times Rich List.

“Aristocrats and inherited wealth has been elbowed out of the list and replaced by an army of self-made entrepreneurs. Todays super rich include people who have set up businesses selling chocolate, sushi, pet food and eggs.

“Were seeing more people from humble backgrounds, who struggled at school or who didnt even start their businesses until well into middle age. Meanwhile, technology is also playing a bigger part in helping more young people make their fortunes and small companies to grow.

"Britains rich are getting richer, but the cast of Britains 1,000 richest people is an ever-changing and increasingly diverse cast of people."

Here City A.M. takes a look at the people who have made it into the coveted top ten:

2018 rank 2017 rank Name Sources of wealth 2018 wealth Up/down
1 18 Jim Ratcliffe Chemicals £21.05bn Up £15.3bn
2 1 Sri and Gopi Hinduja Industry and finance £20.644bn Up £4.444bn
3 2 Sir Len Blavatnik Investment, music and media £15.259bn Down £723m
4 3 David and Simon Reuben Property and internet £15.096bn Up £1.096bn
5 4 Lakshmi Mittal and family Steel £14.667bn Up £1.438bn
6 10 Charlene de Carvalho-Heineken and Michel de Carvalho Inheritance, brewing and banking £11.1bn Up £1.8bn
7 8 Kirsten and Jorn Rausing Inheritance and investment £10.848bn Up £1.188bn
8 5 Alisher Usmanov Mining and investment £10.556bn Down £1.235bn
9 7 Guy, George and Galen Jr Weston and family Retailing £10.05bn Down £450m
10 9 The Duke of Westminster and the Grosvenor family Property £9.964bn Up £444m

Read more: The big names on this year's rich list

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