In a letter to the Guardian on the 6th March, one Michael Peel of Axbridge, Somerset rightly suggested that the ghastly term ‘Ultra High Net Worth’ – often abbreviated to ‘UHNW’ – to be ridiculous.
Stating “don’t perpetuate the term,” Peel pointed out: “They aren’t worth more than anyone else, they just have far more assets.” He is entirely right and in many cases a humble binman is worth more to society than a brash billionaire.
Alongside ‘Very High Net Worth’ and ‘High Net Worth’ individuals, people who consider themselves ‘UHNW’ are plainly as vulgar as those, like the decidedly self-important Sir Richard Branson, that give themselves the moniker ‘Entrepreneur.’ Titles and descriptions, we’d argue, are for instead for others to give.
Two stories to keep beside you
Bloomberg on Brexit
Billionaire and former Mayor of New York Michael Bloomberg condemns Brexit as “the single stupidest thing any country has ever done” apart from America electing Donald Trump As Michael Bloomberg opened a vast new European headquarters in London on Tuesday, The Guardian revealed a series of comments he’d made two weeks ago about Brexit. […]
Best in Britain
EXCLUSIVE – “Nationally important” Grade II* listed Berkshire mansion in 130 acres for sale for £26 million; its interior is yet to be renovated A Grade II* listed building capable of being reinstated as one of Britain’s finest country houses has just been placed on the market for £26 million. Benham Park – […]
With the economy now teetering due to coronavirus amongst other things, we join Mr Peel and hope that, for once and all, this vile term might be forever condemned to history.
Facebook: @TheSteepleTimes
Instagram: @TheSteepleTimes
Twitter: @SteepleTimes
Readers have their say
3 comments
You are totally right. These descriptions are so ghastly.
Your headline “Ultra Obscene” could be used with a Grade such as “Ultra Obscene Grade 1” shortened to UO1 and so on. Branson could be given a similar, such as UV1 as in “Ultra Vulgar”.
Life would become easier.
Another self awarded moniker is ‘philanthropist’ so they can attach their slimy selves to the Royal Family. Most of them are better described as philistines