UK’s super-rich lose £54 billion to pandemic
In total, Sunday Times’ Rich List 2020 calculates the combined wealth of Britain’s ultra-wealthy to be £743 billion. – EPA pic, May 17, 2020.
BRITAIN’S wealthiest people have lost tens of billions of pounds in the coronavirus pandemic as their combined annual wealth fell for the first time in a decade, reported Sunday Times in its Rich List 2020. The newspaper, which has produced the respected annual ranking of the country’s 1,000 wealthiest people since 1989, found that the past two months have resulted in the super-rich losing £54 billion .
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