THENATIONALPULSE (Pulse Wires) - Millionaires in High-Tax Britain Drop to Lowest Levels Since 2008.
The number of millionaires in the United Kingdom has fallen below 450,000, the lowest since the 2008 financial crash.
The number of British millionaires has plummeted to its lowest level since the 2008 financial crisis, raising concerns about the country’s economic environment for wealth creators. PULSE POINTS WHAT HAPPENED: - DETAIL: According to the Adam Smith Institute (ASI), the number of millionaires in Britain fell to 442,000 in 2025. This constitutes a seven percent decrease from the previous year. In 2021, the number of millionaires in Britain peaked at 1.07 million. The Adam Smith Institute’s ‘millionaire tracker’ measures the number of people in Britain with a net worth of £1 million (~$1,329,580) or more in assets (cash , investments, property, pensions). “The decline in millionaires may be greeted as a success by some on the…Open