Friday, September 21, 2012

Millionaires


A beneficiary of the Goldman Sachs flotation in 1999 is said to have received a windfall of £95 million – in truth not very much, compared to an oligarch or IT billionaire.

Even a millionaire needs more than a mere £1 million to qualify for that description these days, since you need assets of $30 million to earn the title of multi-millionaire. At least according to a report from an organisation called WealthInsight.

There are 4,220 such plutocrats living in London (more than in the whole of France, even before the recent flight of those reluctant to pay ever higher taxes).

Greater Manchester has a mere 170 – enough to put them second on the list of richest places in Britain, although there are probably even more if you draw the boundary to include the footballer-dense areas of Cheshire.

But still they are not as glamorous as those who, once upon a time, really were milllionaires even though they had a measly single million to their name.

They don't make them like Lord & Lady Docker any more

Links
Guardian: Millionaire map