The Sheikh, who has pumped more than £1 billion into City since buying the Premier League club in 2008, has seen his wealth hold steady over the last 12 months, currently standing at a cool £20bn.
His cash has helped City enjoy an FA Cup triumph and qualification for the Champions League last season, and with the Blues pushing rivals Manchester United hard in the early stages of this season’s title race, his hefty investment finally appears to be bearing fruit.
Having lost top spot last year, QPR’s Lakshmi Mittal (£11.8bn) has slipped to third place this time. As if losing an eye-watering £5.2bn in a year doesn’t hurt enough, Mittal has been leap-frogged by major Arsenal shareholder Alisher Usmanov (£12.4bn), who has gained £3.4bn.
Still in fourth is the original Premier League billionaire, Roman Abramovich. After eight years at Chelsea, the Russian oil tycoon is still without a Champions League title, although he’ll be comforted by his £2.9bn rise in riches from last year.
While Mike Ashley’s Newcastle United are currently gate-crashing the Premier League’s top four, the Buckinghamshire-born billionaire has now moved into the Rich List top 10 for the first time, with his wealth having risen from £950m to £1.37bn.
Just above Ashley, Manchester United’s unpopular Malcolm Glazer is £110m richer but still in ninth, coming in at £1.64bn. Stanley Kroenke (Arsenal, £1.8bn), Denis O’Brien (Celtic and Doncaster Rovers, £2.517bn) and Joe Lewis (Tottenham Hotspur, £2.7bn) complete the top 10.
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