Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Abramovich Named Britain's Biggest Earner

LONDON -- Roman Abramovich, the Chukotka governor and oil magnate who bought English Premier League football club Chelsea earlier this year, was named on Sunday as Britain's highest-paid person.

Abramovich, who has apparently relocated to Britain, topped the annual Sunday Times Pay List with earnings of 564 million pounds ($955 million) in 2003.

This year Abramovich liquidated most of his major assets, including the 92 percent he nominally held of oil company Sibneft, which has been swallowed by Yukos, 25 percent of world No. 2 aluminum producer RusAl and 26 percent of Russian national carrier Aeroflot. He still holds an estimated 25 percent of YukosSibneft and 25 percent of RusAl.

Harry Potter author J.K. Rowling became the country's highest-paid woman and fifth-highest overall earner with an income of 125 million pounds.

Her nearest female rivals were businesswomen Lynn Wilson, who earned 47 million pounds, Alison Goldberg and Sara Phillips, both with incomes of 33 million pounds.

International pop icon Madonna earned 15 million pounds in the year to Sept. 30.

England captain David Beckham maintained his position as the country's highest-earning soccer player, climbing 11 places up the rich list to 34th.

At 20.5 million pounds, Beckham's annual earnings were more than those of Queen Elizabeth II, whose income of 15.6 million pounds made her the country's seventh-highest female earner.

(Reuters, MT)