• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home News Finance

Revealed: Secrets of the World’s richest people

Most of us have dreamt of becoming truly rich but how does your typical billionaire compare to the average worker today? The eagle-eyed team at insurance provider Budget Insurance have analysed data from the Forbes 2017 rich list to uncover the secrets of the world’s richest. They compared a range of factors to identify some […]

Jess Young by Jess Young
2017-10-20 15:46
in Finance
FacebookTwitterLinkedinEmailWhatsapp

Most of us have dreamt of becoming truly rich but how does your typical billionaire compare to the average worker today? The eagle-eyed team at insurance provider Budget Insurance have analysed data from the Forbes 2017 rich list to uncover the secrets of the world’s richest. They compared a range of factors to identify some fascinating differences (and some surprising similarities) between the Forbes’ top 10 and the average Brit. Here are a few highlights.

On the age front, only Mark Zuckerberg is in his thirties, with Jeff Bezos of Amazon the next youngest at 53. The remainder are all over 60, reflecting a lifetime of entrepreneurship and serious wealth-building.

Of our wealthier counterparts, most have at least two children. Collectively these billionaires have an average of 2.9 children, a little higher than the average British household.

One notable fact about this rich list is that half of the billionaires are left-handed. This is a high proportion considering that just 10 percent of the UK population is left-handed. Perhaps surprisingly, not all of these billionaires are property moguls. Yes, Larry Ellison does own 8 houses, but Bill Gates, Warren Buffet and Charles Koch own just the one—though an amazing one, naturally.

The average UK worker takes home an annual wage of £28,000 and has a net worth of £147,000, whereas you’d need a net worth of $47.5 billion to get into the Forbes’ top 10. Of course, although it’s easy to have an attack of the green-eyed monster when you consider these figures, it’s good to know that many of these billionaires are using their vast wealth to profound philanthropic benefit. Perhaps most notably, Mark Zuckerberg has donated $45 billion to charity; Warren Buffer $32 billion, closely followed by Bill Gates at $31 billion.

However, there’s some common ground between the vastly rich and the average Brit. UK Government figures show that 32 percent of UK residents have two or more cars, akin to these billionaires who also tend to own between 2 to 3 cars each.

You can explore Budget Insurance’s analysis, with an interactive tool that compares the billionaires to both each other and the average UK worker: https://www.budgetinsurance.com/the-worlds-richest-how-do-they-compare/

RelatedPosts

Britain sitting on £3bn ‘hidden treasure trove’ of unspent cash

Young Brits favour modern investments and YOLOing over traditional saving goals

NatWest launch ‘Couch to Cash’ £5k challenge as research shows young Brits have under £500 in savings

‘Move your money’: Experts issue warning over major UK bank

Tags: Jeff Bezos

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Gina Miller crowned one of the most influential migrants of all time ← The Weekly Cocktail Recipe: Dingle Gin Gibson Cocktail
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->