BGL founder Steyn ahead of Engelhardt and Wood in rich list

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BGL founder Douw Steyn is the richest individual in the world of insurance after accumulating a fortune of £700m, according to the 2015 Sunday Times rich list.

The 62-year-old South African insurance magnate, who moved to Britain in 1992 to launch BGL, has moved up the list of Britain's billionaires and millionaires from a ranking of 170th last year.

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