The wealthiest Channel Islanders have been revealed in The Sunday Times Rich List

Five Channel Island billionaires have been named in this year's Sunday Times Rich List.

Jersey's Glenn Gordon and his family, who own spirits company William Grant & Sons, top the local rankings.

They are worth more than £5.6bn, having increased their wealth by £1bn in the past year.

Chris and Sarah Dawson came second, jumping 15 places on the Rich List, with their £2.5bn fortune mainly secured through their retail brand, The Range.

The list also includes Specsavers founders Douglas and Dame Mary Perkins - Guernsey's richest family - as well as Steve Lansdown, who founded Bristol Sport.

Founder of the website Moneysupermarket, Simon Nixon, came third.

All saw their wealth increase by millions in the past year bar Lansdown, whose worth dropped by £11m.

See below for a breakdown of the five wealthiest people in the Channel Islands.

Despite the success of those residing in the Channel Islands, Robert Watts who compiled the Sunday Times Rich List believes "Britain's billionaire boom" is on its last legs.

Robert explained: "Many of our home-grown entrepreneurs have seen their fortunes fall and some of the global super-rich who came here are moving away.

“We’ll have to wait and see whether we have now reached peak billionaire."

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