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The Independent UK
The Independent UK
National
Furvah Shah

UK billionaire numbers rise by 20% since pandemic as cost of living crisis deepens

United Kingdom Pandemic Britain
Getty Images

The number of billionaires in the UK has risen by 20 per cent since the start of the Covid-19 pandemic, new research reveals.

The Equality Trust found that the number of billionaires increased from 147 in 2020 to 177 this year despite the ongoing cost of living crisis, with the average billionaire having around £2bn in wealth.

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