MILLIONAIRES’ FAVOURITE STOCKS

1 Shell

Profits at the oil and gas giant more than doubled, to a record £32.2bn in 2022

2 Lloyds

Britain’s biggest bank has seen its share price rise more than 10pc as interest rates rise

3 BP

Profits surged following the global gas shortage as a result of the war in Ukraine

4 Scottish Mortgage

The investment trust’s share price has suffered from the sell-off of tech stocks

5 Aviva

One of Britain’s best-known multi-line insurers

6 GSK

The drugs giant hived off its healthcare business Haleon last year

7 Rio Tinto

The miner has benefitted from the commodities boom but workplace culture has been criticised

8 HSBC

Popular with investors despite claims from MP that it is too close to communist China

9 Diageo

Owner of iconic brands including Guinness

10 National Grid

Shares have disappointed despite rising energy prices