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rich brits

  • Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

    Fintech

    The billionaire founder of Revolut is set to see his wealth balloon following reports of a pay package that would land him a major stock windfall if the fintech reaches a $500bn valuation. The digital bank, which is currently undergoing a secondary share sale seeking to value the firm at $115bn, is in discussions to [...]

    Revolut CEO Nik Storonsky speaking at a business conference, wearing a suit and tie, addressing financial innovation.
  • The super-rich are getting richer, again – and millennials are leading the way

    wealth

    The number of wealthy Brits rose in 2023, more than reversing the decline reported post-pandemic in 2022. Ultra-high-net-worth individuals (UHNWIs) – classed as those with over $3m in net wealth – increased in the UK from 601,300 to 626,619 on global economic growth and easing interest rates, according to the Wealth Report by Knight Frank. “The improving interest rate [...]

    Bishops Avenue, once known to host the likes of sheiks and sultans, has seen its opulence deteriorate over the last decade, with mansions snapped up by the ultra wealthy only to be left empty.

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