“Britain’s aristocrats have enjoyed a dramatic surge in their wealth in the last 30 years – and have seen their riches double in the last decade.
A hereditary title is now worth an average of more than £16m – nearly twice the value it stood at prior to the 2007 financial crisis, i can reveal.
Their fortunes contrast starkly with the decade experienced by the vast majority of Britons where overall productivity has stagnated and inflation-adjusted wages remain stuck at 2005 levels. Since the Thatcher era, the value of a hereditary title has also increased four-fold. …”