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MILLIONAIRES

BRITAIN'S QUOTA, •NUMBER INCREASING. There are 562 millionaires in Great Britain, That is the nmuber which tlie Inland Revenue authorities register. These fortunate folk, too, are increasing in number; in fact, last year there were 21 more than there" were four years ago. says the “Daily News,” The figures of our millionaire group are: —

The number of incomes of £lOO,OOO and upwards was 138 in 1921; 132 in 1924; 140 in 1925; and 138 in 1926. The number of people with incomes of more than £2OOO a year—where the super-tax begins—has also increased of late years. There are now 92 865 of them. Tlie Inland Revenue statistics c-f those in the higher ranks of the supertax payers—but excluding the millionaires—are thus shown

Out of 110,578 estates only 13.172 were worth more than £5OOO. The largest class consisted of those who left not more than £3OO, There were 27,841 of them. 27.168 who left between £lOO and £lOOO. and 27.026 who left between £lOOO and -£5OOO.

“My little brother can talk now. He says a lot of words.” “What are they?” “Oh, words I have never heard anybody else uee.” — "Buen Humor," Madrid.

Incomes. No. Total Incomes. £50,000-75 000 ... 308 £18 339,520 £75,000-£100,000 . 116 £9 942,701 £100,000 and over 138 £27 532,452

Incomes Nos Incomes. Nos. £10 000 4541 .£25,000 531 £15,000 1859 £30 OOO 582 £20,000 978 £40,'000 300

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBTRIB19280524.2.61

Bibliographic details

Hawke's Bay Tribune, Volume XVIII, Issue 137, 24 May 1928, Page 8

Word Count
230

MILLIONAIRES Hawke's Bay Tribune, Volume XVIII, Issue 137, 24 May 1928, Page 8

MILLIONAIRES Hawke's Bay Tribune, Volume XVIII, Issue 137, 24 May 1928, Page 8