Britain’s richest people have experienced the biggest-ever rise in their wealth, according to the Sunday Times Rich List. Driven by the new economy of Internet and computer entrepreneurs, the wealth of those at the top of the financial tree has increased at an unprecedented rate. The 12th an- num Rich List will show that the collective worth of the country’s richest 1,000 people reached nearly 146 billion by January, the cut-off point for the survey. They represented an increase of 31 billion, or 27%, in just 12 months. Since the survey was compiled, Britain’s richest have added billions more to their wealth, thanks to the continuing boom in technology shares on the stock market.
This has pushed up the total value of the wealth of the richest 1,000 to a probable 160 billion ac- cording to Dr Philip Beresfod, Britain’s acknowledged expert on personal wealth who compiles the Sun- day Times Rich List. The millennium boom exceeds anything in Britain&rs
A. Because their wealth is mainly generated from technology shares.
B. Because their wealth can be easily lost.
C. Because their wealth is greatly influenced by start-up companies.
D. Because their wealth is quickly devaluated with the up-to-down of house prices.
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