Sunday Times Rich List: Beckhams become billionaires, Oasis make list
The annual Sunday Times Rich List has added David and Victoria Beckham to the billionaire ranks for the first time. The BBC reports that Oasis are among new entries on the list, boosted by tour revenues.
The new edition of the Sunday Times Rich List places David and Victoria Beckham among Britain's billionaires for the first time. The BBC reports the list is based on estimates of the minimum wealth of the country's 350 richest individuals or families.
The London-based newspaper said Oasis also entered the list, boosted by a much-discussed reunion tour. Family positions across different industries highlight the earning power of the digital economy and the entertainment sector.
The list has revived debate over Britain's wealth distribution. Commentators expect arguments about tax policy and how wealth is measured to continue through the summer. The Sunday Times said the ranking draws on public company filings and property valuations.
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