21 March 2011

619000 Millionaires living in the UK

The number of millionaires living in the UK has risen by 17 per cent over the last two years as the wealthy start to recover from the 2008 credit crisis, according to Barclays Wealth.

Barclays Wealth claim there were 619,000 millionaires - including property assets -- currently living in the UK at the end of 2010, up from 528,000 in 2008.

It added that the number of millionaires in the UK would grow by a third by 2020, meaning that Britain would be home to 826,000 millionaires.

Makes you think how many of these are actually BRITISH people ?

Strange how millionaires from other countries like to settle in London. Protected by a strong legal system and free from any undue government pressures. But BRITISH born millioniares tend to look elsewhere to live (or claim they live) in places like Jersey or the Cayman Islands etc.

See: http://www.dailymail.co.uk/news/article-1368160/Budget-2011-More-millionaires-UK-wealthy-bounce-credit-crunch.html

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