The Sunday Times Tax List for 2025 reveals Britain’s highest taxpayers, a diverse group ranging from billionaire hedge fund managers to rock legends and entrepreneurs. Topping the list is Sir Chris Hohn, a self-made billionaire with a remarkable rags-to-riches story, who paid a staggering £340 million in tax. Hohn, the son of a Jamaican car mechanic, amassed his fortune through his hedge fund and now stands as a testament to upward mobility. This year’s list highlights a significant increase in high-end tax contributions, with 15 individuals or families paying over £100 million, compared to just 9 the previous year. Even the smallest bill on the list, £10.5 million, represents a substantial increase from last year, indicating a broader trend of rising tax revenues from the wealthiest segment of the population.
The gambling industry features prominently among the top taxpayers. Fred and Peter Done, the brothers behind the Betfred betting chain, paid £274 million, securing the second spot. Denise Coates and her family, the founders of online betting giant Bet365, follow closely behind with a £265 million tax bill. Their presence underscores the immense profitability of the gambling sector and its significant contribution to the UK Treasury. These substantial contributions from the gambling industry highlight its increasing influence on the national economy.
Beyond the gambling world, the list showcases a variety of other sectors and prominent figures. Sir James Dyson, renowned for his innovative vacuum cleaners and other household appliances, emerges as the richest individual on the list, with a £21 billion fortune and a £103 million tax contribution. Sir Tim Martin, the founder of the popular pub chain JD Wetherspoon, and Sports Direct tycoon Mike Ashley also feature in the top 10, demonstrating the continued success of these well-known brands. Their presence reinforces the significant role that established businesses play in generating tax revenue.
This year’s list also welcomes several newcomers, including green energy entrepreneur Dale Vince, reflecting the growing importance of sustainable businesses. The UK’s largest pillow manufacturer and a Swansea-based car dealer also join the ranks, highlighting the diversity of successful enterprises across the country. The list also includes a couple who achieved billionaire status overnight, the owner of Stockport County Football Club, and the founder of CV Library, further diversifying the range of individuals contributing substantial sums to the public purse.
The entertainment industry also makes its mark on the list, with appearances from several high-profile figures. Musician Ed Sheeran features with a £20 million tax bill, while the legendary rock band Queen contributes £12 million. Author JK Rowling, creator of the globally successful Harry Potter series, paid £47 million, demonstrating the immense financial success of her literary creations. The inclusion of these prominent entertainers highlights the significant economic impact of the creative industries.
Geographically, while London boasts the highest concentration of top taxpayers, the list reflects a wide distribution across the UK. Significant numbers hail from the southeast, the Midlands, the northwest, Scotland, the southwest, and Wales, showcasing the widespread distribution of wealth generation across the country. The list also includes Hugh Grosvenor, The Duke of Westminster and the King’s godson, who paid £57 million in taxes. The diverse geographical spread of these high earners provides a snapshot of economic activity across Britain.
