The UK population is made up of people of varying financial wealth. In particular, the UK is home to many wealthy people who earn over £1,000,000. The economic growth of rich ones is typically due to their ingenuity, business acumen, dedication to their business and good education. Suppose you are interested in how many millionaires there are in the UK. In that case, you should read our article to find out what universities they graduated from and whether some quite famous personalities are among them.
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Studies have demonstrated that practically 5,000,000 people became millionaires during the coronavirus pandemic. As a result, the gap between the poor and the rich is skyrocketing. Global wealth currently numbers around 56,000,000 millionaires. The United Kingdom now occupies an honourable 5th place in the wealth ranking. The number of wealthy people equals 4% of the total population. The United States of America has the most millionaires.
If you are wondering how many pound millionaires are in the UK, then according to information from Credit Suisse, their number is almost 2,850,000 people. It is worth noting that this rating compares the total wealth of millionaires with capital in different currencies. Experts awarded the millionaire title to all people with assets worth more than 1,000,000 dollars (not pounds sterling).
One of the latest Credit Suisse reports demonstrates that global wealth will grow by almost 13% in the last few years. At the moment, there are more than 60 millionaires in the world. This number is nearly two times higher compared to this indicator in 2011. Currently, in the UK, 2,850,000 people are considered millionaires. Most millionaires live in London or the south-east of the country.
Income inequality is quite pronounced in the UK compared to other developed countries. Poorest households have incomes below the average (as of 2023, the average income was £34,963). It includes wages and other cash benefits. The income value has increased by 2.2% on average in the last 5 years before the coronavirus pandemic. At the same time, back in 2022, it showed a negative trend – the income level of the poorest 14,000,000 people decreased by 7.5%, but the wealthiest people’s income increased by almost equal value – 7.8%.
The average income of the poorest adult population in 2022 is £13,218. At the same time, the income of the wealthiest population is £83,678. The gap continues to widen gradually.
Income inequality in the UK is pronounced. And wealth is even more unevenly distributed in the country compared to income. One ONS study in 2020 showed that the wealthiest 10% of households own 43% of total wealth. Meanwhile, the poorest 50% of households own only 9% of the country’s wealth. Meanwhile, the number of the wealthy continues to increase gradually – between 1984 and 2013, their total number has doubled. At the time of 2023, the 50 richest families in the United Kingdom owned wealth that exceeded 50% of the country’s population of 33,500,000 million people.
Most millionaires have graduated from some of the most prestigious educational institutions in the UK and the world. It is worth noting that getting rich largely depends on the education received. Most often, dollar millionaires graduate from the following universities.
The number of millionaires gradually continues to grow. Great Britain can boast several famous personalities whose capital has long since passed £1,000,000. We have gathered some of the most prominent rich people in the country.
His fortune is estimated at £110,000,000. He graduated from Newcastle University. Rowan Atkinson’s name is well known to all fans of British comedy. At university, he studied electrical engineering before starting his comedy career. First, he became a bachelor’s student at Newcastle University, and after that, he got a master’s degree at Oxford. While studying at college, the future comedian was lucky to meet fellow screenwriter Richard Curtis, with whom they co-created Mr. Bean and Blackadder. During his studies, Atkinson wrote several author sketches and performed them in student companies at Oxford University. His studies gave him the necessary knowledge and connections to become what Atkinson is today.
He is the youngest director, whose fortune is £182,000,000. Nolan graduated from University College London. Christopher has come a long way to become a millionaire. He is a successful director who shot the Batman trilogy and many other famous films. It is worth noting that from the beginning, Nolan did not intend to want a career in cinema. In college, he studied English literature. It all started with Christopher making a few movies for his coursework. After graduating from college, he began shooting corporate and other videos. Given his huge financial assets, he is on the list of the richest people in London and the entire UK.
The fortune is estimated at £820,000,000,000. Rowling graduated from the University of Exeter. At the moment, screenwriter and author of books Joanne Rowling is in the ranks of the wealthiest people in the UK who can earn their capital independently. The author is known worldwide for her Harry Potter series of books, which has sold over 450,000,000 copies worldwide. Rowling took a course in French language and classical literature during her studies. This knowledge was useful when writing her books, as the spell names were based on Latin wordplay. In addition, the books utilized Greek mythology to describe various storyline concepts.
Writer, director, actor and comedian Ricky Gervais studied at University College London. His net worth is currently estimated at £100,000,000. From the beginning, Ricky was going to study biology at the college, but after two weeks, he switched to a philosophy course. During his studies, he was lucky enough to meet Jane Fallon, an incredibly successful writer with whom he has been for over 45 years. From the beginning, Gervais wanted to be a musician, but as time passed, he started writing comedy. Ricky is recognized as one of the richest comedians in the UK at the moment. He managed to earn a significant part of his capital by producing the famous series “The Office”.
