Tuesday, October 11, 2011

Crisis? What crisis? The rich are doing just fine, thank you...

Over the past two years the number of British millionaires has increased by 17 per cent, the latest figures show.

Figures from Barclays Wealth in March found there were 619,000 millionaires – including property assets – currently living in the Britain at the end of last year, which was up from 528,000 in 2008.

By the year 2020 it was estimated that the number would grow by a third to about 826,000 millionaires

Meanwhile the richest people in Britain have seen their fortunes soar by a fifth in the past year even as much of the UK is struggling to recover from the recession.

 The 2011 Sunday Times Rich List, published in May, disclosed that the 1,000 wealthiest people in the country are now worth a combined £395.8 billion, equivalent to more than a third of the national debt. Full story...

Don't miss:
  1. The super rich are doing very well, thank you...
  2. Aristocrats own third of land in England and Wales...
  3. Afghan yuppies get rich on ten years of war...
  4. Bosses' bonuses up by 187% since 2002
  5. Salaries for top executives are rocketing 'out of control'
  6. Crisis? What crisis? There's no crisis for the world's billionaires... 

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