Skip to main content

Private Wealth

Volume 829: debated on Wednesday 26 January 1972

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Chancellor of the Exchequer what percentage of the total wealth of the country in private possession is owned by the richest half of the population.

As the total population includes wives, minor children and other dependants, the answer is clearly 100 per cent.

asked the Chancellor of the Exchequer what percentage of the total wealth of the country in private possession is owned by the richest quarter of the population.

On the assumption that the total population includes wives, minor children and other dependants, the percentage is estimated at 97. This estimate is based on the evidence available from grants of representation in 1969.