Millionaires more likely to have gone to state school - Telegraph

Quote:

Almost 72 per cent of millionaires attended state schools while the balance went to private schools, according to research by Skandia, a branch of insurer Old Mutual. Of the millionaires who attended university, 11 per cent went to the University of London while 8 per cent went to Oxford and 5.5 per cent went to Cambridge. The findings are revealed in a study of 549 people with “net investable assets” of £1 million or over, Skandia said. Of the sample, almost 60 per cent of the millionaires were male and more than half were under the age of 50. However the survey found that more women than men had net assets of over £3 million. Almost a third of the millionaires said that Government policies – such as high taxes – are the biggest threat to their wealth. This compared to a fifth who said that they see a stock market crash or economic uncertainty as the biggest threat to their wealth. In a sign that the Government’s 50 per cent tax rate is driving wealth-creators overseas, more than half of the millionaires said that they plan to or would consider emigrating abroad.

I can't remember exactly, but I'm pretty sure that's a lower figure than among the general population. I guess it's the "would consider" part that does it. If you've got a successful business you've got less reason to indulge in A Place in the Sun fantasies.

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