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Spare a thought for the millionaires [Infographic]

It's tough at the top, with one in ten households in the UK sitting on assets worth over £1 million.

You would think they would be happy, but no!  Most millionaires do not consider themselves wealthy until they have at least £3.2 million ($5 million), so here's a nice chart from our friends over at Wish.co.uk to give you a good view of how millionaires are doing this year.


Courtesy of: Wish.co.uk

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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  • Lovely infographic, but I think it needed a “does this sound right” check applied to it’s most astounding (wish-ful ?) statistic. “1 in 10 households have assets worth over £1M” ?? … Maybe amongst the high net worth investors referenced, but I think not in the real world. Given that for most people their house is the single largest asset, Zoopla just reported a jump to just under 400,000 £1M+ properties. Out of £25M houses in the UK. Even if we, say, generously double that to account for other assets it suggests to me about 1M tops with assets of £1M+ that suggests 4% as an absolute top end. More likely somewhere between 2-3%.