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....Wealthy foreigners are prepared to shell out as much as £25,000 a week renting luxury homes in London without bothering to set foot inside before opening their wallets. High-end estate agents report that overseas demand for super-prime London homes is so strong that the global super-rich are agreeing to rent properties after only viewing them on FaceTime or WhatsApp. ... [Read full article on Guardian ]
Friday 18th of August 2017 02:39:09 PM
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Latest Finance News related to Super-rich

Global super-rich agreeing to rent luxury London homes without visiting image
Source : Guardian [Read Article] Friday 18th of August 2017 02:39:09 PM
....Wealthy foreigners are prepared to shell out as much as £25,000 a week renting luxury homes in London without bothering to set foot inside before opening their wallets. High-end estate agents report that overseas demand for super-prime London homes is so strong that the global super-rich are agreeing to rent properties after only viewing them on FaceTime or WhatsApp. ...
Fit for an oligarch: school for the super-rich opens in London's Mayfair image
.... History will be taught in neoclassical rooms designed by Robert Adam, and chemistry experiments will be carried out in basement laboratories being converted from what are amusingly described as “Mrs Patmore’s kitchens”. This is Eaton Square upper school, the first new co-ed private school in central London for decades, which is preparing to open its doors to the children of the super-rich bankers, aristocrats and oligarchs of Mayfair and Chelsea. ...
High living, low sales: Shard apartments still empty, five years on image
Source : Guardian [Read Article] Wednesday 5th of July 2017 05:00:05 AM
....Baron Phillips, spokesman for Irvine Sellar, the recently deceased property visionary who led the development of the Shard, declined to comment about the unsold apartments. It was Phillips who told the media that several of the world’s super-rich had expressed interest in buying apartments years before the building was finished and said of selling them: “I should think about 20 phone calls should do it, don’t you?”. ...
Wealth gap rises as home ownership falls, says study image
Source : Guardian [Read Article] Saturday 17th of June 2017 07:06:21 PM
.... The top 1% own 14% of the total. It warned that even this figure may be an underestimate because of the difficulties in calculating the assets of the super-rich. ...
What am I bid? Prices go through the roof at Christie's handbag auction image
....9m (£293,000). Rare and expensive handbags – especially super-de-luxe French labels like Hermès and Chanel – are the new must-have collectable for the super-rich, with some women, including Victoria Beckham, owning hundreds of the most sought-after bags. ...
Super-rich evade on average nearly third of their due tax image
Source : Guardian [Read Article] Thursday 1st of June 2017 05:20:31 PM
.... Economists, who matched people named in the leaks with public wealth records, found that “the probability to hide assets rises very sharply with wealth”. The paper found that the super-rich evaded more than 10 times as much of their due taxes as the wider population, which on average evaded 2%. ...
Where does an A-lister land when they waft in from paradise? Yes, Luton image
.... Around 30,000 will land or take off there this year, roughly a quarter of all such flights in the UK, a 6% increase on last year. A third private terminal opened last December to meet the growing demand and expectations of the super-rich – who mostly head around the airport’s industrial perimeter to a couple of anonymous buildings at the back. ...
What $110m for a Basquiat painting tells us about the art market image
Source : Guardian [Read Article] Friday 19th of May 2017 11:24:38 AM
....A painting by Jean-Michel Basquiat has sold for a record $110. 5m (£85m) at an auction in New York, in the latest display of the art market’s attraction to super-rich speculators and art lovers. ...
Making money image
Source : BBC [Read Article] Sunday 7th of May 2017 01:09:00 PM
.... . Yet delve a bit deeper and the list reveals some less obvious ways to become one of the super-rich. ...
'Brexit boom' creates record number of UK billionaires image
Source : Guardian [Read Article] Sunday 7th of May 2017 12:20:36 PM
....Britain has more billionaires than ever in what equality campaigners said was a clear sign the UK economy is only working for the few at the top. There are now 134 billionaires based in the UK according to this year’s Sunday Times Rich List, 14 more than the previous highest total, as the super-rich reap the benefits of a “Brexit boom”. ...
Five minute guide to ever-increasing inheritance tax  image
Source : Daily Express [Read Article] Sunday 7th of May 2017 12:01:00 AM
....This means the IHT take will have doubled in a decade in what is a windfall for HM Revenue & Customs, but a disaster for ordinary Britons who are increasingly being dragged into the net. You may not be one of the super-rich, but you still have to take IHT seriously, because careful planning could save your loved ones a small fortune. ...
Voices of the 1%: how do Britain's highest earners feel about their income? image
....Even members of Britain’s highest-paid 1% don’t feel particularly well-off, according to a new study by the London School of Economics – because of comparisons they make with the 0. 1% super-rich with whom they rub shoulders. ...
​Trump tax plan could save him millions under guise of helping small businesses image
....A tax plan released by the White House on Wednesday could deliver many millions of dollars annually in tax savings to Donald Trump personally under the guise of helping small businesses, multiple tax experts have told the Guardian. Trump would not be alone among the super-rich to benefit from the plan, analysts said, although the structure of the Trump Organization, an agglomeration of hundreds of owner-operated entities, made it a prime potential beneficiary. ...
UK government borrowing at lowest level since 2008 financial crisis image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:39:40 AM
....However, the Equality Trust, which campaigns to reduce economic inequality, said its own analysis of the figures showed the richest 10% of households pay a smaller proportion of their income in tax than the poorest 10% of households. “When the super-rich are paying less in taxes than their cleaners, you know something has gone disastrously wrong with our broken, regressive tax system,” said Wanda Wyporska, the executive director of the Equality Trust. ...
Housing crisis: more than 200,000 homes in England lie empty image
Source : Guardian [Read Article] Thursday 20th of April 2017 06:15:35 PM
....According to official figures, Birmingham was the worst affected city outside London with 4,397 empty homes worth an estimated £956m, followed by Bradford and Liverpool. The wealthy borough of Kensington and Chelsea was the worst performer in London as super-rich owners rejected renting them out or selling up in favour of leaving their properties lying idle. ...
Labour plans clampdown on 'sweetheart deals' to close £36bn tax gap image
Source : Guardian [Read Article] Friday 14th of April 2017 11:01:09 PM
.... “Labour will pour the disinfectant of sunlight on large company accounts, helping close down the loopholes and the scams that the tax dodgers rely on. “The Tories are running a rigged economy for the super-rich and giant corporate tax dodgers. ...
Can end of unhappy marriage with L'Oréal breathe new life into Body Shop? image
....4% between 2011 and 2016, according to GlobalData. Constantine believes The Body Shop has lost out as its most concerned ethical consumers were put off by the association with L’Oréal, which is owned by the super-rich Bettencourt family and corporate food giant Nestlé. ...
Tory donor Lycamobile in £26m tax dispute image
Source : Guardian [Read Article] Monday 3rd of April 2017 05:30:14 AM
....“If true, then it’s time for the Tories to get a grip and take tax avoidance seriously for once and refuse further donations from any company that funnels money via a tax haven,” he said. “When the Tories are not handing out £70bn in tax giveaways to big business and the super-rich they are blocking action to clamp down on tax avoidance, threatening to turn Britain into a tax haven and taking donations from companies that have questions raised over their tax arrangements. ...
UK millionaires think Brexit will make them even richer, survey finds image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:35:35 AM
....”. The global super-rich are expected to continue to flock to London despite Brexit, according to a recent report by property consultants Knight Frank. ...
Forbes billionaire list: Trump loses $1bn as elite club gets 233 new members image
....“Our warped economic model leads to more unequal societies that trap millions of people in poverty - it allows an elite group to accrue extreme wealth while one in nine people go to bed hungry every night,” Max Lawson, Oxfam’s head of inequality policy, said. “We need to build a more human economy where the super-rich pay their fair share of tax, workers earn a living wage, and governments invest in decent healthcare and education to give everyone a good start in life. ...
Ultra-rich protect wealth with spread of 'family offices' image
Source : BBC [Read Article] Thursday 16th of March 2017 01:44:49 AM
....The ultra-rich in London are increasingly protecting their wealth through the use of "family offices", says research from the London School of Economics. These are teams of professionals - such as lawyers, financiers and psychologists - employed to ensure the "dynastic wealth" of the super-rich. ...
Good riddance to the unfair NIC tax rise. Now what about that £2bn black hole? | John McDonnell image
.... Nor did it arrive with an improvement in the benefits and conditions offered to those in self-employment, which remain substantially worse than those in employment. And in the context of the government’s £70bn of tax cuts to corporations and the super-rich, hammering the self-employed was plainly unfair. ...
Patagonia and The North Face: saving the world – one puffer jacket at a time image
.... “Yvon calls himself the biggest pessimist in the world,” says Dumain. Chouinard and his wife Malinda divide their time between Ventura and their long-time home in Jackson Hole, a mountain resort town in Wyoming now known as a playground for the super-rich – Harrison Ford, Sandra Bullock and Dick Cheney all have homes there. ...
£220,000: the price super-rich will pay to keep their privacy image
Source : Guardian [Read Article] Sunday 5th of March 2017 12:04:29 AM
....Financial transparency campaigners said that until everyone was forced to publicly declare their property assets international criminals might still be able to abuse the system to move dirty money into the country. “When it comes to super-rich criminals, secrecy is worth more than cash,” said Chido Dunn, a senior campaigner at Global Witness. ...
Labour says £1m earners should publish tax returns image
Source : BBC [Read Article] Thursday 2nd of March 2017 03:05:40 PM
....Chancellor Philip Hammond will deliver his first full budget next Wednesday. Outlining his thinking in a pre-Budget speech, Mr McDonnell urged the chancellor to "reverse the £70bn giveaway to the super-rich and giant corporations between now and 2021". ...
London to remain a 'magnet for global superrich despite Brexit' image
Source : Guardian [Read Article] Wednesday 1st of March 2017 01:46:10 PM
. The global super-rich will continue to flock to London despite the UK’s decision to leave the EU, according to a report by property consultants Knight Frank. ...
UK's ultra-rich set to rise rapidly in 10 years, report says image
Source : BBC [Read Article] Wednesday 1st of March 2017 01:52:50 AM
....However the biggest rise - 91% - is due to take place across Asia. By 2026 Asia will have almost caught up with the US: the region is set to boast just 7,068 fewer super-rich individuals than in the US in ten years' time. ...
A London penthouse for £60,000. No, not to buy – that's the weekly rent image
Source : Guardian [Read Article] Saturday 18th of February 2017 09:00:35 AM
....It may cost £60,000 a week to rent, but London’s most expensive flat does come with a butler, a choice of daily newspaper – and the use of an Aston Martin. The 448 sq metre art deco Park Lane penthouse is the costliest of a new breed of ultra-luxurious properties designed to cater for the global super-rich, who are choosing to rent rather than buy in London in order to avoid million pound-plus stamp duty bills. ...
Brad Pitt and Angelina Jolie: faces of the new 'global citizen class'? image
Source : Guardian [Read Article] Friday 20th of January 2017 05:50:56 PM
....“An elite group are able to channel their wealth into multiple properties while millions of people don’t have a roof over their heads,” said Oxfam’s inequality policy adviser, Chiara Mariotti. “We need to rebalance our economies so they work in the interests of everyone – especially the poorest – for example by ensuring the super-rich pay their fair share towards the fight against poverty. ...
Middle classes in crisis, IMF's Christine Lagarde tells Davos 2017 image
Source : Guardian [Read Article] Wednesday 18th of January 2017 11:51:21 AM
....Summers was dismissive of the policies proposed by Trump, saying that the lesson of history was that populism ended up harming the people it was supposed to help. He said tax cuts would benefit the already super-rich and the small number of jobs relocated to the US by presidential strong-arming of corporations would be dwarfed by the jobs losses caused by the rise in the value of the dollar. ...
World's eight richest people have same wealth as poorest 50% image
Source : Guardian [Read Article] Monday 16th of January 2017 12:01:08 AM
....“While one in nine people on the planet will go to bed hungry tonight, a small handful of billionaires have so much wealth they would need several lifetimes to spend it. The fact that a super-rich elite are able to prosper at the expense of the rest of us at home and overseas shows how warped our economy has become. ...
Army of staff descends on Davos to serve WEF super-rich image
Source : Guardian [Read Article] Friday 13th of January 2017 04:43:08 PM
Xi Jinping to become the first Chinese president to attend WEF in Davos image
Source : Guardian [Read Article] Wednesday 11th of January 2017 05:05:51 PM
. Chinese leader Xi Jinping will lead an 80-strong delegation of business executives and billionaires to the annual gathering of the powerful and super-rich in Davos next week. ...
UK inequality narrows but many working people are worse off image
Source : Guardian [Read Article] Tuesday 10th of January 2017 04:16:03 PM
....1% rise in median incomes, from £21,114 to £21,770. Anti-poverty campaigners also said the breakdown of incomes into large groups failed to capture the soaring earnings of the super-rich and executives in the top 1%. ...
Wage hikes at Aldi and Lidl are welcome news. But don’t get too excited | Peter Fleming image
.... Despite this, the education secretary has recommended that teachers’ pay rises be capped at 1% for 2017-18. Similar to the “blandification” that has wrecked New York and San Francisco, London, too, is fixed soon to be the exclusive playground of the super-rich, like those CEOs who recently rejoiced on “Fat Cat Wednesday”. ...
HMRC empowered to name and shame tax evasion 'enablers' image
Source : Guardian [Read Article] Sunday 1st of January 2017 10:53:10 AM
. Tax advisers, accountants and lawyers who aid the super-rich with offshore tax evasion will face tough new penalties from New Year’s Day, with HMRC now able to publicly name and shame “enablers”. ...
HMRC chief calls for tax crackdown on Premier League footballers image
Source : Guardian [Read Article] Wednesday 7th of December 2016 08:08:13 PM
. Britain’s top tax inspector has called on the chancellor, Philip Hammond, to review the tax rules for super-rich football stars who are avoiding tax by siphoning earnings from Premier League games into image rights companies based in offshore tax havens. ...
Steven Mnuchin nominated for US treasury secretary image
Source : Guardian [Read Article] Wednesday 30th of November 2016 10:49:30 AM
.... He claimed that the proposed tax cuts would allow the US economy to achieve an annual growth rate of 3% to 4%. Independent experts have said Trump’s proposed tax changes will hugely benefit the super-rich, while having little benefit, if any, for up to 8 million of the poorest families in the US. ...
The Guardian view on Philip Hammond: he will take far more than he gives | Editorial image
....Before Conservative backbenchers get too enthused about how their new prime minister is an ally of the working classes, they should take a look at the Credit Suisse Global Wealth report, published yesterday. An almanac of the fortunes of the international super-rich, it serves as an unassuming commentary on how unequal the global economy remains. ...
Sales of luxury London properties collapsed by 86% in past year image
Source : Guardian [Read Article] Monday 17th of October 2016 12:43:40 PM
.... The government’s haul from stamp duty, particularly in London, has soared over the past year, but Heaton said that may now hit the buffers. The sudden disappearance of super-rich buyers is forcing developers to reconsider their plans. ...
Tesco price row: Unilever CFO defends cost hike against Brexit backdrop image
Source : Guardian [Read Article] Thursday 13th of October 2016 07:44:47 AM
....Meanwhile, Marmite fans appeared unfazed by the dispute, posting pictures of bare-looking Tesco shelves on social media and, in one case, putting a used jar of Marmite up for sale on eBay for £100,000. Eamon O’Hearn, the GMB union’s national officer for the food industry, said: “It’s very common for suppliers and retailers to renegotiate supply contracts but super-rich companies like Unilever must not be allowed to exploit the government’s chaotic handling of Brexit as an excuse for making workers and shoppers pay the price. ...
London mayor launches unprecedented inquiry into foreign property ownership image
Source : Guardian [Read Article] Thursday 29th of September 2016 02:09:05 PM
....”. However, a recent study by academics at London’s Goldsmiths University found that the influx of cash into the capital’s luxury housing market from the global super-rich was having a wider impact on gentrification across the city. ...
Wealth divide image
Source : BBC [Read Article] Wednesday 21st of September 2016 11:05:10 PM
....Last year Liam Gallagher and Nicole Appleton spent £800,000 on legal fees and ended up splitting his (or, perhaps more accurately, their) £11m fortune down the middle. Although Ms Jolie filed for the "dissolution of marriage" on Monday in the Los Angeles Superior Court, it is London that has become the divorce capital of the world for the super-rich. ...
How to hide it: inside the secret world of wealth managers | Brooke Harrington image
Source : Guardian [Read Article] Wednesday 21st of September 2016 05:00:17 AM
....This complex asset-holding structure was created not by the Pritzker family itself but by its lawyers, accountants, tax specialists and investment advisers. In this respect, the Pritzkers are no different to tens of thousands of super-rich families and individuals worldwide, who use the services of wealth managers. ...
Chinese firm to build Europe's tallest residential tower in London image
Source : Guardian [Read Article] Monday 5th of September 2016 10:23:41 AM
....On the eve of crucial talks between the British and Chinese over investment in the UK, Shanghai’s biggest property developer is to go ahead with an £800m tower in London, poised to be western Europe’s tallest residential skyscraper. But with a separate “poor door” entrance for social tenants housed on the lower floors, and private elevators for the super-rich to speed to £3m penthouse apartments on the 67th floor, the new tower will revive controversy over inequality in the capital. ...
Dukes and other super-rich are not the only ones who can reduce death duties image
....Trusts have long been associated with the wealthy who have, for many decades, exploited legal loopholes to find a way round IHT issues. But tax experts say they are not just for the super-rich. ...
China and Japan help ranks of the super-rich swell to more than 15m image
Source : Guardian [Read Article] Thursday 23rd of June 2016 04:43:08 PM
Make UK super-rich pay one-off wealth tax, says Fabian Society image
Source : Guardian [Read Article] Sunday 12th of June 2016 03:47:49 PM
. A one-off tax on Britain’s super-rich is the only feasible way to tackle the government’s spending deficit and protect vital public services, according to a report backed by the Labour MP Dan Jarvis and the left-of-centre Fabian Society thinktank. ...
This is a brutal and inhumane way to treat staff – and Sports Direct is not alone | Felicity Lawrence image
....At the same time, chief executives are now paid on average nearly £5m a year in the UK, or 183 times what the average British worker receives. They expect to join the class of the super-rich – because they’re worth it – taking out of companies the sort of money that enables them to inhabit a chauffer-driven or helicopter-piloted bubble, insulated from the deprivations of those on the factory floor. ...
Now’s the time for this government to act on tax avoidance | John McDonnell image
.... Every dollar, pound or euro hidden means an extra squeeze on public services. At a time when we have a government insisting on brutal spending cuts, it is a moral obscenity that major corporations and the super-rich should duck out of the obligations the rest of us fulfil. ...
London’s empty towers mark a very British form of corruption | Simon Jenkins image
.... Prescott’s tower at Vauxhall is to be joined by two more apartment stacks next door, one even higher. Next to Battersea power station is a crowded over-development on an almost Hong Kong scale, named Malaysia Square and aimed at the Asian super-rich. ...
Jeremy Corbyn calls for new economics to tackle 'grotesque inequality' image
.... But to deliver that growth demands real change in the way the economy is run,” Corbyn said. Earlier on Saturday, shadow chancellor John McDonnell said the Blair and Brown governments had created an unfair tax system that made Britain a haven for the super-rich and that Labour would rewrite the rules of the economy. ...
Iceland president's wife linked to offshore tax havens in leaked files image
....In addition, the HSBC files suggest Moussaieff, who is non-domiciled for UK tax purposes, was in line to inherit further portions of her family’s offshore wealth when her 86-year-old mother, Alisa, dies. The Moussiaeff family are best known for running a jewellery shop on New Bond Street, Mayfair, catering to London’s super-rich. ...
Trump and Clinton share Delaware tax 'loophole' address with 285,000 firms image
....Both the leading candidates for president – Hillary Clinton and Donald Trump – have companies registered at 1209 North Orange, and have refused to explain why. Clinton, who has repeatedly promised that as president she will crack down on “outrageous tax havens and loopholes that super-rich people across the world are exploiting in Panama and elsewhere”, collected more than $16m in public speaking fees and book royalties in 2014 through the doors of 1209, according to the Clintons’ tax return. ...
More countries sign up to anti-corruption code image
Source : Guardian [Read Article] Friday 22nd of April 2016 05:06:22 PM
.... The Isle of Man has a large trust industry, catering to wealthy clients around the world. In 2006, the island found its trust industry at the heart of a 340-page US Senate report alleging that many millions of dollars of US tax had been legally avoided by super-rich Americans. ...
Ed Miliband: Panama Papers show that wealth doesn’t trickle down. It gets stashed image
.... “I certainly understand why he defended his dad and that it must be incredibly upsetting for his mum. […] But for 30 years, since Reagan and Thatcher, the basic view has been, ‘Be nice to the super-rich and their wealth will trickle down. ...
Mossack Fonseca's Panama offices raided as tax investigators meet in Paris image
Source : Guardian [Read Article] Wednesday 13th of April 2016 02:25:55 AM
....The meeting in Paris will be chaired by the Australian tax office’s head of international tax, Mark Konza. Related: Mossack Fonseca: inside the firm that helps the super-rich hide their money. ...
The 1% hide their money offshore – then use it to corrupt our democracy | Aditya Chakrabortty image
.... What the Panama Papers really depict is the corruption of our democracy. Following on from LuxLeaks, the Panama Papers confirm that the super-rich have effectively exited the economic system the rest of us have to live in. ...
EU 'will toughen plans to make firms disclose offshore tax bills' image
Source : Guardian [Read Article] Friday 8th of April 2016 10:03:02 PM
.... Jack Lew, the US Treasury secretary, wrote to the commission earlier this year, arguing that it was “targeting US companies disproportionately” through its investigations into tax sweetheart deals – a charge that the commission firmly rebuffed. Related: Mossack Fonseca: inside the firm that helps the super-rich hide their money. ...
How offshore firm helped billionaire change the art world for ever image
Source : Guardian [Read Article] Thursday 7th of April 2016 06:00:17 PM
....Women of Algiers (version O) now belongs to another undeclared buyer who paid $160m, setting a new record for the most expensive artwork sold at auction. Confirmation, if any were needed, that the latest lull in the global economy has done nothing to slow the inexorable rise of the super-rich. ...
Obama calls for international tax reform amid Panama Papers revelations image
.... The creation and use of an offshore company to avoid tax is not against the law. The revelation that a company engaged in industrial-scale offshore tax avoidance, even on US soil, comes after Obama has repeatedly spoken out against companies and the super-rich exploiting the US tax code. ...
Yachts, jets and stacks of cash: super-rich discover risks of Instagram snaps image
....But these self-styled rich kids of Instagram are, often unwittingly, revealing their parents’ hidden assets and covert business dealings, providing evidence for investigators to freeze or seize assets worth tens of millions of pounds, and for criminals to defraud their families. Leading cybersecurity firms said they were using evidence from social media in up to 75% of their litigation cases, ranging from billionaire divorces to asset disputes between oligarchs, with the online activity of super-rich heirs frequently providing the means to bypass their family’s security. ...
Millennials are swimming against the economic tide | Letters image
Source : Guardian [Read Article] Tuesday 8th of March 2016 06:48:30 PM
....That shift in power was orchestrated through state power, including trade union legislation, and the lifting of controls on capital movement, by governments. Shifting the focus from the super-rich, the beneficiaries of that political project, to a generation fortunate in their time of birth is misleading. ...
From rags to riches to rags in 12 years: the extraordinary story of Nathan Tinkler image
....And there have also been casualties among mining entrepreneurs – like Tinkler, who made a vast fortune from bold plays on two coal projects he kickstarted with just A$1m (£522,000) of his own money. It was a fortune built entirely on speculation on the value of coal in the ground, and Tinkler squandered much of it on ill-fated forays into racehorses, sports teams and day trading, as well as the obligatory extravagances of the super-rich, such as private jets and luxury homes in three countries. ...
McLaren unveils £1bn investment plan image
Source : BBC [Read Article] Tuesday 1st of March 2016 07:03:55 PM
....". But he added that plan, called Track 22, was also about broadening the Uk supercar maker's customer base with a new range of cars more attractive to the rich - rather than just the super-rich. ...
World's 20 richest people are $70bn poorer, says Forbes image
Source : Guardian [Read Article] Tuesday 1st of March 2016 01:35:19 PM
.... The long-term trend remains one of runaway inequality that is slowing economic growth and undermining the fight against poverty. “Governments need to act now – starting with a crackdown on tax havens that allow the super-rich individuals and big companies to avoid paying their fair share of tax and rob poor countries of billions each year that could help to fund schools and hospitals. ...
It’s time to raise inheritance tax – not probate fees image
Source : Guardian [Read Article] Saturday 27th of February 2016 07:00:02 AM
.... And the house will have been long sold, the money used for care home fees or spent topping up a meagre company pension. Meanwhile, the congealed wealth of the super-rich will remain untouched, passed on in trusts in almost laughable defiance of IHT rules. ...
Fast-growing firms are helping Britain shine on the world stage image
Source : Telegraph [Read Article] Monday 22nd of February 2016 06:27:58 PM
.... This is the third year running that Tom Hartley’s eponymous luxury car business has featured in the 1,000 list. The business, which is run from a 40-acre estate in Overseal, Derbyshire, helps the world’s super-rich find high-end performance cars. ...
VIDEO: Do you want your very own submarine? image
Source : BBC [Read Article] Tuesday 16th of February 2016 12:44:43 AM
....5m (£1m) and that's without the yacht to launch it from. Yet for the super-rich these are fast becoming the latest must-have accessory. ...
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