Lakshmi Mittal

Only one of Britain's five wealthiest people was born in the UK, according to the Sunday Times Rich List 2007.The £19bn fortune of Indian steel magnate Lakshmi Mittal ensured he kept his title as Britain's richest person.Analysts said a growing number of mega-rich foreigners are attracted to the UK by a generous tax regime. As well as Russia and India, the wealthy from Scandinavia and France are also looking to base themselves in the UK. The continuing high steel price has helped Mr Mittal, whose Mittal Steel bought rival Arcelor last year boost his wealth from the $14.8bn he had last year.