When the first one was published on 2 April 1989, the paper called it an indictment of Thatcherism.
Margaret Thatcher had been in power for a month short of 10 years.
"The very limited success of the Thatcher revolution in transforming British society is graphically and grimly illustrated" by the list, the editorial said.
"Liberated from red tape, inflation, crippling taxes and the union barons, British businessmen by now should have seized the commanding heights of the economy and society," it said.
In that original list of the country's 200 richest people, only 86 of them had made their fortunes themselves.
The list was spattered with landowners, containing 11 dukes, six marquises, 14 earls and nine viscounts.
And at number one was the Queen (classified in the alphabetical list as "Queen, the") with her £5.2bn, sitting at the top of a tree grown from inherited wealth.
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