A new acronym for you to explore, if you haven't already in units on inequality.


We are talking here about Ultra High Net Worth Individuals: people who have a disproportionate amount of wealth and have a lifestyle which involves super yachts or private jets and a high impact on the planet.

They have a massive impact through the lifestyle they have, and also through the impact they have on others. A lot of wealth is generally gained from creating environmental impacts of a negative kind. Some would argue they are philanthropists, some might talk about trickle down, but when so much wealth is in the hands of one person that seems a little unfair and ethically indefensible.

Expect to see this appearing in exam specifications before too long.

Where do these people live? Visual Capitalist provides an answer.
What are they up to?

Image: Vilamoura Marina in Portugal - Alan Parkinson, shared under CC license