Despite year of economic turmoil, 24 people became billionaires in UK during pandemic, taking total to 171

Britain created a record number of billionaires during the coronavirus pandemic as wealth surged despite a year of economic turmoil, prompting calls for the government to increase taxes on the ultra-rich.

There are 171 billionaires in the UK, 24 more than a year ago, according to an annual ranking compiled by the Sunday Times. It was the highest number in the 33 years of the newspaper’s rich list, as the combined wealth of billionaires in Britain grew by more than one-fifth.

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