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Tuesday, March 5, 2019

More people to join ‘ultra-rich’ than finish London Marathon

Another 43,000 individuals will amass fortunes of more than $30m by 2023, says report

More people will join the swelling ranks of the “ultra-rich” – with fortunes of more than $30m (£22.7m) – in the next five years than complete the London Marathon next month.

Very wealthy individuals are increasing their fortunes at such a rate that about 42,700 will become ultra-high net worth individuals by 2023, according to a report by the property consultants Knight Frank. Slightly more than 40,000 runners are expected to finish the marathon.

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from Property | The Guardian https://ift.tt/2TANSJu
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