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25 years of celebrating the best: Asian Rich List and GG2 Power List celebrate British Asian excellence

Established for more than 25 years, Asian Rich List (ARL) and GG2 Power List (PL) remain the superlative success of British Asians.

By Alice Potter Published about a year ago 4 min read

Established for more than 25 years, Asian Rich List (ARL) and GG2 Power List (PL) remain the superlative success of British Asians. These lists trace not only the richest and most influential Asians in Britain but also a story about ambition, innovation, and the leadership of British Asian communities. From billionaires like Lakshmi Mittal to the country's first Asian Prime Minister, Rishi Sunak, these annual rankings are a celebration of those shaping the future of the UK. The Asian Rich List 2024, launched on November 15th at the 25th annual Asian Business Awards, features the UK's 101 wealthiest Asians. Sanjay Hinduja and wife Anu unveiled the publication in front of 500 guests at the Park Plaza Westminster Bridge, including MPs, CEOs, and business and community leaders.

As we look ahead to the next edition, let’s reflect on last year’s leading names and welcome the new trailblazers making history.

What is the Asian Rich List (ARL)?

The Asian Rich List is an annual ranking of the richest Asians in Britain and has emerged as a benchmark for financial success and entrepreneurship within the community. It comprises a variety of people and their families from various sectors, including property, steel, healthcare, retail, and technology. The list is from the British Asian media portal Eastern Eye, one of the flagship publications under AMG, which has long been known to cover South Asian affairs in the UK in great detail.

The ARL reflects the great extent that Asians contribute to the UK economy, emphasising spectacular growth in their business throughout the decades. Though wealth is one determinant critical for measurement, the ARL also goes further in respecting individuals using their resources for giving back to society, be it through philanthropy or through creating jobs and leading innovation. Today, the list has evolved from just being a simple wealth-measuring tool to influence, impact, and leadership. In 2023, Lakshmi Mittal retained the top ARL position and headed the ranks of one of the richest ones-not only in Britain but across the world. The most important contenders for succession were the Hinduja family and Sri Prakash Lohia, with a bubbling diversity of sectors that are dominated by Asian business leaders.

What is GG2 Power List (PL)?

Now, the GG2 Power List is a list of the most powerful and influential Asians in the UK, very much aimed at projecting profiles of very influential people, but unlike the ARL, it puts much focus on those who are bringing about change to British society. While focused on politics, media, business, technology, and the arts, these are leaders in their field, innovators breaking barriers, and setting new benchmarks for future generations to emulate.

The GG2 Power List is revealed at the GG2 Leadership & Diversity Awards-a night to plead for inclusiveness, celebrate diversity, and pay homage to those who lead with courage and conviction. Reflecting a changing political landscape and its increased Asians' influence in mainstream leadership positions, at the top of the rankings of the 2023 edition of the GG2 Power List was Rishi Sunak, the UK's first British-Asian Prime Minister. His success, then, was a milestone for the British-Asian community, and his leadership at that critical time for the UK is admitted by all. The other notable personalities on the 2023 GG2 Power List are former Home Secretary Sajid Javid and Mayor of London Sadiq Khan. The high-profile ascension in political and public service roles by Asians bespeaks.

History and Legacy

Both Asian Rich List and GG2 Power List were launched 25 years ago with the mission of documenting and celebrating the increasing influence of Asians in Britain. Over the years, both of these lists have gained importance, and their annual issues are eagerly anticipated by those within and beyond the community. They present a quick snapshot of achievement and capture the evolving role of Asians in British society. These lists were launched during key events held by AMG. The launch of ARL coincides with the Asian Business Awards, while PL is launched at the GG2 Leadership & Diversity Awards, which are considered the most exclusive events gathering almost all the influential people, top businessmen, and politicians. These events are more about celebrating the achievements of individuals and seizing the opportunity to discuss challenges and opportunities for the Asian community in the UK and the future down the line.

The 2024 Asian Rich List (ARL) and GG2 Power List (PL) proclaim a landmark, with the titles marking 25 years of illuminating Britain's wealthiest and most influential Britons of Asian origin. The Hinduja family, as old Order business barons continue to maintain a stranglehold on the ARL. The GG2 Power List lists the UK's first Asian Prime Minister, Rishi Sunak, who has had a deep influence on British politics and led the list of influential figures from the world of arts, media, and public life. These lists often shine a spotlight on trailblazers driving diversity, inclusion, and social change-through the changing lens of leadership and wealth in the British-Asian community.

What’s coming next

Get ready for the Asian Business Awards to shine a light on the UK's most brilliant entrepreneurs and wealth creators with the 2025Asian Rich List. And this is so much more than just one of those lists; it's a testament to visionaries who have redefined success: innovative, relentless perseverance, and bold leadership. At the same time, the 2025 GG2 Power List will be published at the spectacular GG2 Leadership & Diversity Awards, a gala that honours the most influential Asian leaders driving change and diversity and inclusion in Britain. It is where ambition meets recognition and the stories of those shaping the UK's future come alive.

Ever wonder who's making that great list? Eastern Eye brings you inside information, in-depth profiles, and inspiring success stories from the Asian Rich List 2025 and GG2 Power List 2025. Take a dive into the journeys of the winners and learn who the movers and shakers will be to help lead the way in 2025. Stay tuned to explore the incredible achievements of Britain's most powerful Asians; these are the folks who'll set the pace for the future!

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Alice Potter

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