Fri, 10/10/2008 - 11:20am — lambert
In April, the collected wealth of the country's top thousand multimillionaires totalled £412.8 billion [and the pound is worth something, these days], according to his calculations. “If current trends continue, we will be lucky to make £300 billion next time around,” Dr Beresford told The Times. “It is too early to be exact, but I estimate that at least one third will be wiped off the personal fortunes of the top 1,000 by next April.”
They say that money can't buy happiness...
... but it can sure take the sting out of being unhappy.
NOTE A few million goes a long way, even in these parlous times. Wonder if any of it was used for market manipulation?
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when Dubai is a ghost town is when
we'll know the ultrarich are suffering.
they're not--at all.