US EditionJohn Griffiths: London's new age of philanthropy is yet to arrive
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John Griffiths: London's new age of philanthropy is yet to arrive
The largely favourable assessments of London’s mayoralty, marking the 25th anniversary of the restoration of London’s regional tier of government, have tended to overlook that the three Mayors in that time have presided over the capital’s increasing polarisation of wealth. According to the latest Sunday Times Rich List, London is now home to 227,000 millionaires, a 3.8 per cent increase since 2024. Over 60 percent of London’s wealth is owned by …
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