BRITAIN'S RICHEST MEN .

Greymouth Evening Star, 11 April 1918, Page 3

BRITAIN'S RICHEST MEN .

For 1915-16 the gross income brought under the review of the Inland Revenue Department was £1,322.684,843, bet lax was levied on only £873,841,065, yielding £118,765.226. Super-tax was collected from 27,628 persons on assessed income a BS* egating £221,616,960 compared with 29,257 and £237,988.142 in the previous years. Eighty-two people enjoyed incomes of over £IOO,OOO a year, an increase of two. Other figures’.are as follows;

The statement that Britain possesses 82 persons with incomes of £IOO,OOO a year and over has aroused considerable curiosity as to their identity. It is well known in financial circles that the wealthiest man in the country is Sir John Ellerman, who is reported to pay income tax on one million pounds per annum. Those next in money rank are Lord Pirrje, of shipping fame; Lord Astor, America’s real estate king; Lord Ashton, the linoleum king; Lord Levershnlme, the soap magnate, and Lord Iveagh, the stout king. There are also Mr Sol Joel, the diamond king; Lord Rothschild, the financial king; Lord Portman, who owns a square mile of London; Mr Otto Beit, another diamond king; Lord Winterstroke, the tobacco king; and Lord Inchcape, one of the shipping kings. Other wealthy men with incomes of six figures are the Dukes of Sutherland, Westminster, Bedford, Portland, and Norfolk, the Earl of Fitzwilliam Lrd Derby, Lord Faringdon (the financier). Air Coates (the cotton king), Sir Marcus Samuel and Mr DetOnger (nil kings), Lo>d Mountstephen, Mr David Dav : es M.P. fthe colliery king), and Lord Jersey (of shipping fame). Two ladies ran also be included —Miss Talbot, of' Margnm Abbey, and Lady Strathcona).

Tl. incomes Number £3,000 to £5,000 assessed. persons £ 1915-16. 53,719 301 13,992 £5,000 to £10,000 61,‘111’737 8,972 £10,000 to £15,000 27,999’337 2,303 £15,000 to £20,000 13,304*407 888 £20,000 to £25,000 10,837’189 488

£25,000 to £35,000 12,563 721 426 £35,000 to £45,000 7,955'841 200 £45,000 to £50.000 3.569''293 75 £50,000 to £55.000 2.110 359 40 £55,000 to £55,000 3,755’602 53 £65,000 to £75,000 3,048*223 44 £75,000 to £100,000 4,783’955 55