Here’s another number that is certainly eyebrow-raising: $4.2 trillion. That’s the combined wealth of America’s 664 billionaires as the one-year anniversary of the pandemic’s assault on America nears. Not that they were suffering beforehand, but that number is 44%, or $1.3 trillion, more than just a year ago.
London has overtaken New York as home to the most ‘dollar millionaires’ with 875,000 of them now living in the city, according to a new report. The Knight Frank Wealth report shows that 874,354 people in London have assets, including property, worth more than £720,000 which makes them so-called ‘high net worth individuals’.