Millionaire living; not what it was17:46 Mon 10 March 2008
But the cost of living these days just isn't what it used to be...especially if you're a millionaire. No more lording it about the mansion with a paltry few million in the piggybank. The Centre for Economics and Business Research reckon 5.8 million is the minimum any self respecting millionaire needs to scrape by in 2008. Any less and you'll be laughed out of your private jet quicker than you can say emergency landing. And just what does modern luxury living entail? Bare essentials include, plush mansion, holiday home in the Med and at least a couple of silly cars. And thats being modest. With social nasties like rising house prices, higher inflation and consumer demand to blame, it just goes to show it's not only the common pleb who suffers at the fickle hand of the economy. Millionaires have feelings too. Shame we don't really care. |
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