Millionaires drop by half

May 28, 2009 · Filed Under Investments, Land, Mortgages, Property · Comment 

In 2007, there was an estimated 500,000 millionaires in the UK, but according to recent figures this has now halved to 250,000 and the main culprit is the fall in property values.
The research carried out by the Centre for Economics and Business Research found that in 2007, there were 489,000 millionaires in the UK, but [...]