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Lord Willie Haughey: 'The more billionaires the better'

TWO multi-millionaire Scottish business leaders have defended people becoming extremely rich during the pandemic following the publication of the… ....

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Bring on the billionaires, say Haughey and Hunter

By Karen Peattie
BUSINESS leaders Lord Willie Haughey and Sir Tom Hunter have said people should be encouraged to be successful and not be penalised for making money during the pandemic.
Discussing the recently published Sunday Times Rich list 2021, Sir Tom – at number 221 in the list – said he fully supported entrepreneurship and the creation of businesses and wealth as “it is what makes the world go round”.
The Rich List identifies 171 UK billionaires, an increase of 24 on last year.
Asked by Donald Martin, host of the Go Radio Business Show with Hunter & Haughey if the country should be imposing a temporary wealth tax on those who have profited from the Covid pandemic, Sir Tom said people with an entrepreneurial spirit should not be held back “as long as they pay all their taxes”. ....

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Why billionaires are obsessed with creating an eternal legacy

There is one way to ensure you'll never be forgotten - leave a splashy legacy ....

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Jonathan Ruffer makes Sunday Times Giving List

Philanthropist Jonathan Ruffer who is working to transform Bishop Auckland, County Durham
A FINANCIER leading the regeneration of the former County Durham mining town has been celebrated for his kindness.
Jonathan Ruffer, whose Auckland Project is transforming Bishop Auckland, was ranked third on the Sunday Times Giving List with £62 million gifted in 2020.
The Sunday Times ranking sets the sums donated or raised for charity against the Rich List wealth valuation for those individuals or families.
Coronavirus has fuelled the giving spree, and the Giving List recorded nine donations of more than £100 million and 71 gave at least £10 million – up from 42.
Some £520 million of donations covered pandemic-related causes, including PPE, community support and helping to plug the cumulative £10 billion funding gap in the finances of charities around the country. ....

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