Britain's richest 'wealthier than ever'

Last updated at 12:33
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The richest people in Britain have more money than ever before, according to the Sunday Times Rich List.

The Sunday Times newspaper compiles a list of the richest people in the UK every year.

JK RowlingAP
Harry Potter was a big hit for JK Rowling

This year's list includes Harry Potter author JK Rowling in 180th place with a fortune of £570million. David and Victoria Beckham are in 442nd place with £210million.

Queen Elizabeth IIGetty Images
The Queen is on the rich list too

The Queen makes the list too. She's in 285th place with £330million.

X Factor boss Simon Cowell is in 307th place and is worth £300million.

The 1,000 people on the list have a combined fortune of £520billion.

50 wealthy youngsters

The Sunday Times has also published a list of the 50 richest young people.

The One Direction boys are 36th on the list, with an estimated fortune of £14million each.

One DirectionPA
The One Direction boys are high earners

Pop singer Adele is in 15th place with £45million to her name, while tennis champ Andy Murray is slightly behind in 17th place with £40million.

The list was compiled by wealth expert Philip Beresford.

He said: "The richest people in Britain have had an astonishing year."