British billionaires primarily reside in exclusive, high-security areas of London—notably Kensington, Chelsea, Belgravia, and The Bishops Avenue—as well as affluent commuter-belt locations in Surrey, Sandbanks in Dorset, and Cheshire's "Golden Triangle". Due to tax considerations, some are also relocating to places like Jersey.
When it comes to luxury, Knightsbridge is unmatched. Home to Harrods, Hyde Park and some of the city's most elegant residences, this area is a magnet for international billionaires, celebrities and royals alike. Properties here routinely fetch £20 million or more, making it one of the priciest addresses in the world.
Based on data over the past nine months, the UK's wealth exodus, or WEXIT, is expected to include 85 centi-millionaires and 10 billionaires, and in an ironic reversal of Brexit fortunes, 68 percent are heading for Europe, with favoured destinations being, Portugal, Italy, Malta, Greece Switzerland, Monaco, Cyprus, ...
This comprises Wales, Scotland and Northern Ireland as individual regions, and England divided into 9 separate regions. These are London, North East, North West, Yorkshire, East Midlands, West Midlands, South East, East of England and South West.
Wealth Spread Between Great Britain's Regions and Nations
The South East is the wealthiest of all regions with median household total wealth of £503,400, over twice the amount of wealth in households in the North of England.
It finds that the highest level of wealth exists in the south-east of England, with average wealth per head being £415,200 – around £195,400 more than the north's £219,750. Wealth inequality is on the rise across the nation, with the IPPR report stating the richest 10% hold almost half of all wealth.
What is the most expensive area to live in the UK?
London is the most expensive place to rent in the UK due to its status as a global financial and cultural hub. High demand for housing, a robust job market, extensive public transport, and numerous amenities contribute to the city's high rental prices.
The average Brit's wealth is $350,264 (£273,156) as of 2023. Meanwhile, at $163,515 (£127,518), median wealth per adult is higher proportionally in the UK, at 47% of the average.
The ongoing appeal of Portugal includes its lifestyle and climate, security and safety, easy access to the European Union and the Schengen area, and its vibrant cities and coastal areas.
The richest family in the UK is the Hinduja family, led by Gopi Hinduja, with a net worth of £35.3 billion as of the 2025 Sunday Times Rich List, topping the list for the fourth consecutive year despite a slight dip in their fortune from their vast Hinduja Group conglomerate. They are followed by the Reuben family (property, tech) and Sir Leonard Blavatnik (media, chemicals), while the Dyson family and Weston family (retail) also feature high on the list.
The top destination cities for millionaires leaving the UK in 2024/2025 are expected to include Paris, Dubai, Amsterdam, Monaco, Geneva, Sydney, and Singapore, as well as retirement hotspots such as Florida, the Algarve, Malta, and the Italian Riviera.
Households with an Indian, Pakistani or White British head had the highest net property wealth (medians of £176,000, £115,000 and £115,000 respectively) and were the most likely of all ethnic groups to hold net property wealth, with 80% (Indian head), 73% (Pakistani) and 69% (White British) of households having net ...
The Telegraph named Henley-on-Thames in Oxfordshire the poshest place in the UK. It said: 'A town best known for its Royal Regatta is surely the definition of posh. 'Many A-listers live hereabouts; £140 million Park Place, one of Britain's most expensive homes, is nearby.
The United States is both wealthier but also more unequal than the UK. You can see that in the Wikipedia link - the US has much higher mean wealth (which averages in billionaires with everyone else), but the UK has higher median (where billionaires don't matter, as it is the person in the 50th percentile either way).
Knightsbridge. Wealthy places in London don't come much wealthier than Knightsbridge. Period townhouses and cute mews set along cobbled streets jostle for attention with lavish new developments, including The Knightsbridge Apartments and One Hyde Park.
When it comes to multi-millionaires, 16 out of the richest 20 towns in the U.K. are all in the south east of the country. Windsor is the richest town, with 250 multi-millionaires, others lie in close proximity in Berkshire, Surrey, Oxfordshire or Buckinghamshire.
The richest county in the UK depends on the metric, but Greater London leads significantly in overall economic output (GVA), while Surrey and the South East consistently rank highest for wealth, average income, and disposable household income per person, often due to its proximity to London and status as the "Stockbroker Belt". Other affluent areas include Hampshire, Hertfordshire, and areas within London like Wandsworth, Richmond upon Thames, and Westminster, notes Propertistics and Office for National Statistics.
