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ARTICLE · 06 FEBRUARY 2020

Who Wants To Be A Billionaire?!

Greg Jones considers the fate which may await the UK's super rich following this week's UK General Election…

Isle of ManWealth Management

Greg Jones considers the fate which may await the UK's super rich following this week's UK General Election...

Well, wouldn't most of us like at least to try, if we're honest?

Yet although the number of billionaires around the world is on the increase, (as inflation gradually erodes the value of money over time) there is a risk they may become an endangered species.

Labour MP Lloyd Russell-Moyle thinks they shouldn't exist.

US politician Bernie Sanders (echoing French economist Thomas Piketty) believes they should be taxed out of existence.

What have billionaires done to deserve this vilification?

The answer lies partly in the ever-widening gap (yawning chasm?) between the "have lots" and the "have not very much". Earlier this year, Oxfam reported that the world's 26 richest people own as much as the poorest 50% (the current estimated global population is 3.8 billion). More recently, UK campaigning charity the Equality Trust has observed that the

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