DIGGING DEEPER INTO THE LUXURY BASEMENTS OF LONDON’S SUPER RICH In 2008 there were estimated to be 8.6 million “high net worth individuals” – people with $1m (£761,000) or more of investable assets – in the world, but by 2016 this had increased by 92 per cent to 16.5 million, according to the World Wealth Report. The geographical distribution of this population is highly concentrated: 4.795 million in the USA; 2.891 million in Japan; 1.280 million in Germany; 1,129,000 in China; 579,000 in France and 568,000 in the UK (compared to 362,000 in 2008). Some half a million of these people live in and around London, in a set of tightly circumscribed neighbourhoods. All of this wealth sloshing arou
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