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The Haves and the Have Yachts

In the Noughties a new class of super rich arrived on our shores. Russian billionaires including Roman Abramovich and Oleg Deripaska have redefined what it means to be wealthy. So great is their spending power the rich can now be divided into the Haves and the Have Yachts. But as Will Hutton (The Work Foundation) observes, their wealth could have profound political implications for the next decade.

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3 minutes