The Independent On Sunday today carries a report about the wealthy in the UK .
According to Tulip Financial Research, Britain has some 135,000 "high-net-worth" individuals, with liquid assets averaging £6.4millions . They are described as HNWs. People with tens of millions are UHNWs: ultra-high-net-worths.
Forbes magazine declared London to be the official billionaire's playground of the Western world, with 23 dollar billionaires .
The chef's table at Claridges, run by Gordon Ramsay, is the holy grail of the expense-account blowout - and it's booked up well into next year.
"It seats up to six, and the minimum spend is £550," says a spokesman. "Most bills are nudging £1,000 because they go for pretty decent wines. It's flying, though, as the place for City boys to celebrate or entertain clients. Things have never been better."
"It seats up to six, and the minimum spend is £550," says a spokesman. "Most bills are nudging £1,000 because they go for pretty decent wines. It's flying, though, as the place for City boys to celebrate or entertain clients. Things have never been better."
Stratstones of Mayfair, an Aston Martin dealership, report a six-month waiting list. "For some customers, it's a whim," says one salesman. "Others say, 'I haven't got that model in my collection.' It's a wonderful world."
At Guards Polo Club in Windsor Great Park, Britain's poshest place to play, the membership lists are full; any new players are faced with a hefty bill for horseflesh. "To play at the low goal level, you need at least five or six ponies," says a spokesman. "But you can double or treble that for high goal. A polo pony will go for around £25,000 but at the top level people just keep hold of the best ones; they're priceless."
HNW tastes hark back to a bygone era. They have been partly responsible for a renaissance of the servant class. "The British would say, 'Here's Annie, who does the cleaning', but try to pretend she wasn't a servant," notes one domestic agent."These people have bought servants back with a vengeance. Filipino, Eastern European, whatever. They believe in servants, they want lots of them, and they want to jolly well dress them in uniforms and call them servants."
The capital's oldest families are still some of the wealthiest. Richard Beresford, compiler of The Sunday Times Rich List says that these people, "will be on the Rich List until an atomic bomb hits London or a Bolshevik revolution strips them of their assets".
The Duke of Westminster is Britain's third richest man and London's most powerful landlord, with a £6.6billion fortune. Roman Abramovich's swanky Belgravia address pales in comparison to the Duke's 100 acres of Mayfair and 200-acre Belgravia estates. Coming in second is the Earl of Cadogan, below, whose £1.9billion fortune includes 90 acres of Chelsea. And of course there are the royal parasitical princes , William and Harry, who have £30 million fortunes and now Charles plans to build for William a classically inspired six-bedroom two-storey house - less of a starter home, and more a starter palace.
Michael Spencer's wife hired Robbie Williams at a reported cost of £1million to sing at her husband's 50th birthday party. Spencer, CEO of InterCapital, is said to have been paid £5million in bonuses last year.
Madonna's decided to buy a £35,000 chinchilla fur coat from a Fendi store in Knightsbridge recently. She also splashed out on a brand new £3.6million venue for her fellow British Kabbalah followers .
Philip Green has amassed £3.6billion through a retail empire, including Bhs and the Arcadia Group.He spent millions on a three-day Bar Mitzvah for his son, with live concerts by Andrea Bocelli and Destiny's Child, and erected a giant synagogue in the garden, designed by his wife, Tina.
It's Us and Them - the Capitalist Class and the Working Class .
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