3.7m "mass affluent" in the UK

Howard Lake | 1 April 2001 | News

The number of individuals with substantial wealth under the £1 million level has increased significantly in the UK and Europe over the past five years, according to Datamonitor.

The number of individuals with substantial wealth under the £1 million level has increased significantly in the UK and Europe over the past five years, according to Datamonitor.

So-called “mass affluent” individuals are likely to be male, aged 35+ and live in the South-East. Datamonitor reports that “7.9% of the population can be classed as ‘mass affluent’, having liquid assets of £30,000-£200,000.”

In addition, the number of millionaires has grown “at over 17% per year since 1995 to 73,990 in 2000.”

Datamonitor released these figures as it launched its Global Wealth Service to serve the “mass affluent.”

Read Wealthy Britain: 3.7 million are ‘Mass Affluent’, 74, 000 are Millionaires at Datamonitor.

Related posts

15 October 2003

Christian Aid launches credit card with Co-operative Bank

UK Fundraising

14 March 2008

Anti-bullying publishers closed down for 'misleading' tactics

UK Fundraising

26 December 2013

Cheques given boost by rapid smartphone deposit proposal

UK Fundraising

31 May 2018

24-hour Ramadan telethon raises £2.5million

About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.