Hard times for Britain's richest

LONDON, April 26 (UPI) -- The worldwide economic slump has been tough on the richest people in Britain, costing them about one-third of their net worth, The Times of London reported.

The Times published its annual Rich List Sunday, cataloging the 100 richest people in the country. This year, there are only 43 billionaires on the list, down from 75 in 2008.

Only three of those in the top 100 are worth more this year than last, the Times said. Collectively, the group has lost 92 billion pounds ($136 billion).

Indian steel tycoon Lakshmi Mittal has managed to remain the richest person in Britain while losing 16.9 billion pounds ($25 billion), more than half his fortune and more than anyone else in the country lost. Mittal's wealth is now 10.8 billion pounds ($16 billion).

Russian financier Roman Abramovich, owner of the Chelsea Football Club, lost only 4.7 billion pounds ($6.9 billion). With 7 billion pounds ($10.3 billion) left, he remains second on the list.