# UK has 500,000 millionaires, say Prospecting for Gold

- Link: https://fundraising.co.uk/2010/01/04/uk-has-500000-millionaires-say-prospecting-gold/
- Published: 2010-01-04T14:24:26+00:00
- Author: Howard Lake

A new research paper from prospect research and wealth specialists Prospecting for
Gold Ltd reports that there are up to 500,000 millionaires in the UK. This figure
is higher than previous estimates, such as that contained in [Merrill Lynch & Capgemini’s World Wealth Report](http://www.capgemini.com/insights-and-resources/by-publication/2009_world_wealth_report).

This new estimate takes into account estimates of the wealth of company directors,
shareholders, property owners and highly remunerated employees.

The Wealth Intelligence Digest which contains the research is the first in a series
of research papers on the nature of wealth in the UK.

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James Redhead, the author of the report, said: “The number of millionaires in the
UK is always a statistic which fascinates people. We wanted to use all our factual
information sources on wealth to produce our own detailed conclusion”.

Prospecting for Gold have been collecting publicly available information on wealthy
and influential individuals for 20 years, creating and developing the Wealth Intelligence
Database.

Prospecting for Gold hope the series will be of use to not-for-profit organisations
in planning major donor fundraising, and to any organisation interested in UK wealth
research.

The full report ‘Wealth Intelligence Digest: UK Millionaires’ was released in December
2009 and can be downloaded free from the Resources section of Prospecting for Gold’s
website.

www.prospectingforgold.co.uk

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