Mega-rich numbers double

THE number of people in Britain with more than £5 million in disposable wealth has doubled in the past five years, according to a report published yesterday.

The number of people who have earned their fortune now outweighs the number of those who inherited it, the study found.

It says while the slowdown of the stock market has hit investors, the mega-rich have largely avoided the impact by employing experts to work on their behalf.