Yesterday The Independent reported that more than £150 billion has been wiped off the fortunes of the UK’s richest people. They went on to site some of the ‘victims’ of the credit crunch…
The biggest single loser is London-based steel magnate Lakshmi Mittal who has seen his personal fortune drop by almost £17 billion to £10.8 billion.
Despite that, he retains his place as the country’s richest man for the fifth year running.
Chelsea owner Roman Abramovich keeps his position at second on the list despite his fortune falling to £7 billion from £11.7 billion.
The richest British-born billionaire is the Duke of Westminster. His fortune, mainly based on property, has shrunk to £6.5 billion from £7 billion.
Collectively, the 1,000 multi-millionaires in the list are worth £258 billion, down from last year’s record total of £413 billion.
The recession has also bitten into the fortune of Virgin boss Sir Richard Branson who has lost £1.5 billion and is now worth £1.2 billion.
Formula 1 tycoon Bernie Ecclestone suffered too – he lost £934 million this year, leaving him with £1.46 billion, the list reported.
Oh, how our hearts fucking bleed!
Compare the previous quotes with these from a report in the National Geographic…
Food prices around the world have spiked because of higher oil prices, needed for fertilizer, irrigation, and transportation. [sic] With food prices rising, Haiti’s poorest can’t afford even a daily plate of rice, and some must take desperate measures to fill their bellies.
[A] traditional Haitian remedy for hunger pangs: cookies made of dried yellow dirt from the country’s central plateau. [The] cookies [are] made of dirt, salt, and vegetable shortening have become a regular meal.
“When my mother does not cook anything, I have to eat them three times a day,” Charlene said. Her baby, named Woodson, lay still across her lap, looking even thinner than the slim 6 pounds, 3 ounces (2.7 kilograms, 85 grams) he weighed at birth.
Though she likes their buttery, salty taste, Charlene said the cookies also give her stomach pains. “When I nurse, the baby sometimes seems colicky too,” she said.
Fuck the rich! The annual ‘Rich List’ could come in handy though – if it came with a free M40 snipers rifle and 1000 rounds of ammunition!