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Robert Watts, compiler of the list, said: 'While many of us worried about the outcome of the EU referendum, many of Britain's richest people just kept calm and carried on making billions.'We expected to see a chilling effect in the run-up to the EU referendum, but that simply did not materialise.'A buoyant stock market usually drives the wealth of Rich Listers higher, and since last June equities have soared.'We're seeing more and more diversity in the composition of the Rich List.'More women, more people from ethnic backgrounds, and more from surprising walks of life, with egg farmers and pet food makers lining up with hedge fund managers and private equity barons.'Ukrainian businessman Len Blavatnik, whose empire includes the Warner Music Group, is in second place on the list with a fortune of £15.982bn.

Meanwhile the richest woman under 30 was named as singer Adele who has seen a £40m increase in fortunes in the last twelve months, thanks the success of a world tour.

Also in the list are sisters Fawn and India Rose James, granddaughters of porn baron Paul Raymond, featured in the list, ranking at 234.

Back in 1997 it took a personal wealth of just £15million to make the grade.