OUT NOW
This year, Estates Gazette’s Rich List turns 13. Like all teenagers going through significant changes, the list has altered almost beyond recognition since it was first published in 2003.
The list now has a staggering 60 billionaires. In 2009, in the depths of the recession, it had 10.
What this shows is property in the UK, and London in particular, is continuing to be viewed worldwide as a safe haven for investment from the financial storm clouds that continue to threaten internationally – particularly in the Asian markets. The Chinese stock market crash in June has everybody worried.
Still, there seems to be no let-up in the amount of money flowing into this country. Nor in the appetite of those wanting to buy.
Noella Pio Kivlehan, markets editor, Estates Gazette
Click here to read the Rich List 2015 on EGi
NEWS & FEATURES
• The Rich List philanthropists
• Rich list total tops £300bn
• Chinese developers enter Rich List top 10
Top 10 entries 2003-2015
