The Super-rich Of London

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THE SPINE DECEMBER 22, 2007

The Super-rich Of London

Here's a vivid picture of what it costs -- or seems to cost  - to live a wealthy life-style in London.  According to a Harris poll done for Saturday's Financial Times ("Britons say 432,000  feels like a capital fortune"), "A family of four needs a pre-tax income approaching half a million pounds a year to feel rich in London."  This is eighteen times the average wage of 23,800.An adjoining article by Bob Sherwood identifies the items that make a family feel rich.  It is, of course, more than a bit subjective.What would the figure be for Americans in New York or Los Angeles?  Not much less, I suspect.Let's ask the Clintons.

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