Friday, July 14, 2006
The Number of Millionaires
A hundred new millionaires a day are being created thanks to the astonishing rise in wealth in Britain, according to new figures. A combination of the power of the City, the remorseless growth of the property market and the rise of globalisation mean there are more rich people in the country than ever before, an analysis found. By 2011 there will be 760,000 millionaires as house prices continue to go up, it predicted. The current number of millionaires, including all assets, is just under 600,000.