RANKED: Britain's millionaire entrepreneurs under the age of 30

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LONDON — The Sunday Times' "Rich List," the British paper's annual ranking of the 1,000 richest individuals in the country, will be released Sunday.

The paper has shared select rankings ahead of time, including a breakdown of the richest young entrepreneurs in Britain under the age of 30. Their combined wealth is £230 million.

Robert Watts, the compiler of the "Rich List" said, "If you’re good enough, you’re old enough.

"Several of these entrepreneurs cut their teeth while still in their teens and were born after the first Rich List was published in 1989. Their stories underline how GCSEs, A-Levels and degrees are not the only route to success.

"Technology has made it is easier than ever before for young men and women to start up their own company. A laptop, mobile, imagination and determination can be all you need to build a strong business - and one that can now attract customers from all over the world."

Scroll down to see who made the cut:

7. Ben and Sean Saxby — £16 million

Name: Ben and Sean Saxby.

Age: Ben, 29, Sean, 26

Net worth: £16 million

Company: MJS Construction

Industry: Construction

The Saxby brothers have a combined fortune of £16 million. They run and own nearly a third of MJS Construction, a Cambridgeshire construction firm which specialises in groundwork and reinforced concrete.

7. Akshay Ruparelia — £16 million

Name: Akshay Ruparelia

Age: 19

Net worth: £16 million

Company: Doorsteps

Industry: Property

Ruparelia is the youngest person on the list. He set up Harrow-based online estate agent Doorsteps 18 months ago, selling properties for as little as £99, using a £7,000 loan from members of his family. The operation now employs more than 25 people and has about 2,000 properties on its books. Ruparelia owns 97% of the business, making him worth £16 million.

Read Business Insider's profile of Ruparelia.

6. Nick D’Aloisio— £20 million

Name: Nick D'Aloisio.

Age: 22

Net worth: £20 million

Company: Summly

Industry: Internet

D'Aloisio sold his news app Summly to Yahoo for $30 million when he was just 17 years old. He is currently reading philosophy and computer studies at the University of Oxford and was an investor in DeepMind. He is also fundraising for a new project called Sphere Knowledge, which helps users find and chat to experts on a wide range of topics.

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