I wonder of the figure takes into account the inflation landscape (very low) at that time.
I couldn't go out and buy low risk Gilts and get that income today, I'd need index linked gilts, and they wouldn't be paying 3% after inflation.
I couldn't go out and buy low risk Gilts and get that income today, I'd need index linked gilts, and they wouldn't be paying 3% after inflation.
> Using the annual yield to derive asset [value], the author in another paper put Darcy's net worth at £16.8m - £28m.