Explosion in number of UK’s super-rich revealed in one graph

Written on March 11th, 2017 in politics Comments Off

Published on Independent.co.uk, by Will Worley, March 2, 2017.

(Graph): the UK’s ultra-rich population set for a huge increase, growth rates for UHNWIs in selected countries from 2016 to 2026* … //

… But the UK’s growth pales in comparison to rising numbers of the ultra-wealthy in Asia, where economies are booming.

Property consultants Knight Frank, who conducted the research, estimated the number of UHNWIs would grow globally by 43 per cent by 2026, though significant disparities are expected between different regions.

(podcast, 1.22 min): … //

… And China – another country with a communist government – will have 34,340 UHNWI by 2026, up 140 per cent from 14,310 in 2016.

(full text, graph, podcast).

Related Links:

Ultra High Net Worth Individual UHNWI:

  • on Investopedia: ultra high net worth individuals (UHNWI) are people with investable assets of at least $30 million, excluding personal assets and property such as a primary residence, collectibles and consumer durables. UHNWIs comprise the richest people in the world and control a disproportionate amount of global wealth. Ultra-high net worth is generally quoted in terms of liquid assets over a certain figure, but the exact amount differs by financial institution and region;
  • on en.wikipedia: UNHWIs are defined as having a net worth of at least US$30 million in constant 2012 dollars (after accounting for shares in public and private companies, residential and passion investments such as art, planes and real estate) …; /See also;
  • on The Wealth Report (Wealth Report 2017 comming soon): UHNWI growth slows *, on The Wealth Report, by Gráinne Gilmore: *(I understand,, grows less than foreseen – Heidi);
  • on Google News-search;
  • on YouTube-search;

Remember – Fliessendes Geld:

Links:

Chronicle of a Crisis Postponed, Italy After the Referendum, on The Bullet, Socialist Project’s E-Bulletin No 1380, by Ingo Schmidt, March 9, 2017;

The Sharing Economy, It Takes More Than A Smartphone, on Local Futures, Economics of Happiness, by Steven Gorelick, Feb 25, 2017;

ABANDONNED HOUSES, uploaded by wideeyevideo:
O-House – abandoned house on the eastern shore, 6.59 min, Feb 16, 2017;
Bridgehouse – abandoned house on the eastern shore, 8.33 min, Feb 18, 2017;

After Brexit and Trump, don’t demonise, localise, on The Ecologist, by Helena Norberg-Hodge and Rupert Read, Nov 22, 2016: both Trump and Brexit can be explained by the failure of mainstream political elites to address the pain inflicted on ordinary citizens in the neoliberal era, write Helena Norberg-Hodge & Rupert Read. In the US and the UK, working class voters rightly rejected the corporate globalisation that has created so much poverty and insecurity. But the real solutions lie not in hatred, but relocalisation;

… and this:

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