Article 16WZM How London’s booming ‘butler class’ takes care of the wealthy elite

How London’s booming ‘butler class’ takes care of the wealthy elite

by
David Batty
from on (#16WZM)
The capital is home to 1,000 'family offices', made up of lawyers and financiers who service every need of the super-rich

Behind smart Georgian facades in prime West End addresses a little-known industry that serves the growing numbers of the global super-rich in London is booming.

Boasting marble foyers and plushly carpeted meeting rooms, some of these companies might be mistaken for luxury hotels. In fact, they are private offices that manage family wealth that can compare with the assets of FTSE 250 companies such as Tate & Lyle and Debenhams.

Related: Almost half of Britain's private wealth owned by top 10% of households

Related: One in 65 UK adults now a millionaire, figures show

Continue reading...

rc.img

rc.img

rc.img

a2.img
ach.imga2t.imga2t2.imgmf.gif
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments