# David Beckham is Britain’s first billionaire sportsman, according to rich list

By Simon Francis — 2026-05-15

Simon Francis, coordinator of the End Fuel Poverty Coalition, said: “The Sunday Times Rich List is an annual reminder of where wealth accumulates in the UK economy, and where the costs fall.

“As the combined wealth of Britain’s 350 richest has risen, the rest of the country faces a renewed cost of living crisis.

“In less than two weeks, Ofgem will announce how much average energy bills will increase starting July 1.

“But when the full Rich List is published on Sunday, it will be worth looking for the energy names on it who are profiting from high energy costs.

“We already know that energy firms made £26.2 billion in profit in just the first three months of 2026 and oil and gas company bosses have seen their personal stakes in the industry rise as conflict in the Middle East pushes up the prices households pay.

“The Rich List documents who has gained from the system and now the government needs to correct the balance.

“Taxing excess wealth and profiteering fairly could mean revenues to support struggling households, cut energy debts and invest in the insulation and renewable energy that will get the country off the fossil fuel price rollercoaster.”

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