Britain’s super rich worth over £414 billion

The wealth of the richest 1,000 in Britain has grown by a further 4.7 per cent, to reach a new high of more than £414 billion, according to the 2012 Sunday Times ‘Rich List’. The Rich List tracks the wealth of the 1,000 richest individuals in Britain.

Key points

  • Over the last year, the 100 richest people have increased their wealth of 2.5 per cent. They now comprise 77 billionaires, plus 23 others each worth more than £750 million.
  • The latest increase comes on top of an 18 per cent increase last year. In money terms it takes the total above that recorded in 2008, before the global financial crash.
  • Over the last 10 years, the assets of the richest 200 people have almost trebled – from £102 billion in 2003 to £288.5 billion now.
  • An individual entering the Rich List top 100 in 2003 required assets of just under £400 million. Today, £800 million is required.

Source: Direct access to Rich List only available to Sunday Times subscribers

Link: BBC report

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