| Topic: | The rich getting poorer under coalition - | |
| Posted by: | Steve Taylor | |
| Date/Time: | 16/12/10 22:02:00 |
| "The credit crunch has bit down hard on some of the UK's wealthiest musicians such as Sir Elton John and Sir Paul McCartney losing millions in the last 12 months. According to the Sunday Times' annual rich list, which categorises the UK's wealthiest people, many of the country's most prominent musical talents have lost huge chunks of their fortunes in the ongoing global economic crisis. The list reveals John has lost a huge 26 per cent of his massive wealth - dropping from $329 million (£235 million) in 2008 to $245 million (£175 million) in 2009. Meanwhile, McCartney has allegedly had $84 million (£60 million) wiped off his $700 million (£500 million) fortune." |