Is a millionaire rich nowadays?

[SteveW86]

Sunday Times Rich List UK is always interesting reading each year.

For 2024 we have the Grosvenor Family (Duke of Westminster) way down in 14th place with £10.13 billion.
In 20th place the Coates family (Bet365) with £7.47 billion.

Way way down in a very lowly 350th place is Sir Lewis Hamilton with a piddling £350 million.

If a grandparent had made a different decision, there’s a good chance I could have been reasonably high on this list. But he didn’t and therefore I’m not

 

[Voyager EMH]

If a grandparent had made a different decision, there’s a good chance I could have been reasonably high on this list. But he didn’t and therefore I’m not

True for just about all of us, I imagine.
I had one grandparent who was full-time down a coal mine at the age of 15, served in the trenches in France in WW1, died of Hodgkin's disease in his 40s eighteen years before I was born. Little chance of him becoming a billionaire in his short and very hardworking life.