Summary:
According to the annual Sunday Times Rich List, the UK’s richest people have become even richer over the past year despite the recession. Their joint wealth has set a new record, that passed the highest level before the financial crash. To make it to the list, you need to have at least £ 72 million. The Indian steel magnate Lakshmi Mittal and his family top the list despite fortune loss duo to drops in their steel business shares. Arsenal shareholder Alisher Usmanov comes second. Third ranks Chelsea owner and oil baron Roman Abramovich. Several leading British entrepreneurs and some performers and artists too have improved their fortunes.
Commentary:
I find it striking that seven names out of the top ten list are foreign. I also wonder where they have made their fortune, in the UK of mostly elsewhere. Many rich people happen to choose to live in the United States, because of the lower taxes. Does the UK attract the very rich people, who do not mind paying higher taxes for the privilege of living in the UK? Win or lose a few million, the very rich stay rich even during a recession and can even manage to increase their fortune. Luckily for us ordinary people, there are some things are not directly related to financial fortune. You cannot buy true love or health, or can you?
The information was retrieved on April 28th 2012 from the article ‘Sunday Times Rich List suggests UK’s wealthiest defy recession’ from the BBC news website http://www.bbc.co.uk/news/uk-17883101
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BeantwoordenVerwijderenGreat for these people that they have become even richer than they already were! I do agree, happiness depends so much on love and good health, however, add up a bit of money and life is perfect. Anyway, I imagine that too much money causes lots of troubles and headaches. However, I cannot really tell for up to this moment I never had that kind of fortune...
BeantwoordenVerwijderenI used to be happy for people that are wealthy. I thought ‘good for them’. But I do not know anymore... There are so many people that are very poor and I think wealth is spread very unequal and this makes me very sad. Those rich people should be helping other people! How much money can one person need?
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