According to the research, the ultra wealthy in the UK has seen the largest recent gains.
The data shows that while those with GBP1 million or more managed to grow their wealth by a respectable 14% during 2011, those with GBP10 million and above has grown theirs at 28%, while those with a minimum of GBP100 million has recorded a increase of 43%.
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Commenting on the trend, James Lawson, a director at Ledbury Research, said "This represents the highest divergence in performance of the top and bottom ends of the wealthy population since Ledbury began its in-depth tracking in 2006, and underlines the current turbulence in wealth distribution."
"Most recently, we have seen a recovery in the fortunes of the existing wealthy, with those at the wealthier end of the spectrum growing much faster both in numbers and total net wealth. The contrast between the top end and the lower end is further exacerbated by the fact that there hasn’t been an influx of newly wealth individuals into the ranks," explained James Lawson.
Meanwhile, the changes have altered the mix of wealthy individuals in the population, with wealthier people making up a growing share.
As at the end of 2011, Ledbury estimates that there were nearly 650,000 individuals in the UK with GBP1 million or more, 37,000 individuals with GBP10 million and above and 2,100 individuals with GBP100 million or more.
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By GlobalDataFurther, Ledbury Research expects this dynamic to continue into 2012, although to a lesser extent than in 2011.
