Super-Wealthy Brits Are Disappearing

Jeremy Corbyn isn't even prime minister, and Britain's ranks of the super-wealthy are already thinning out. The U.K. was home to just 4,580 lucky people with a net worth of more than $50 million last year, according to real estate firm Knight Frank. That's 2 percent fewer than in 2016 and a 6 percent decline over five years. The striking thing about the U.K. drop is that it happened as the global ranks of the $50 million-plus crowd swelled by 10 percent to almost 125,000, as our Bloomberg News colleagues reported.

Of the countries included in the survey, Nigeria, Turkey and Egypt were the only others to see a year-on-year decline.