These are the top 25 richest people in Britain

The richest people in Britain have suffered from the worst fall in fortune since the credit crunch in 2007, according to the Sunday Times Rich List 2016.

The newspaper, which lists the 1,000 wealthiest individuals and families in the UK, said that the commodities market crash has had such a pronounced effect on some of Britain's most wealthy people that they've seen their fortunes crater by over 50% over the last few years.

Regular rich list member, steel magnate Lakshmi Mittal, has seen his wealth crash by around 75% since 2008 - he used to be worth £27.7 billion but now he's worth £7.12 billion. Len Blavatnik, the London-based, Ukrainian-born, US citizen who is the owner of Warner Music Group, dropped from the number one spot this year. And the Queen has failed to make the top 300 for the second consecutive year.

Only those who have significant property investments have seen their fortunes grow due to the housing boom.

Take a look at who made the top 25 spots this year below: