Rich list: Bludging bastards with their protective layers of bought politicians

Rich list: Bludging bastards with their protective layers of bought politicians

By John Minto

(Reprinted from The Daily Blog)

Our Inland Revenue Department has a “High Wealth Individuals Unit” (HWI Unit) which collects information on the wealth of “people who have, or are in control of wealth over $50 million”

For the 2014 year, the HWI Unit has identified over 212 people who meet this criteria and furthermore these 212 HWI’s control, or are closely associated with, 7,009 “entities” – mainly companies and tax-haven trusts – with control in some cases shared with other HWI’s.