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flag Indian-origin households in the UK now have the highest median wealth, reaching £206,000, outpacing other groups.

flag Indian-origin households in the UK have become the wealthiest ethnic group, with median wealth rising to £206,000 from £93,000 between 2012/14 and 2021/23, according to a London School of Economics report. flag The increase, driven by homeownership and asset appreciation, outpaced other groups, including White British households, whose median wealth reached £177,000. flag Black African, Black Caribbean, and Bangladeshi households maintained near-zero median wealth, while Pakistani households saw a decline. flag The report attributes growing ethnic wealth disparities to early advantages in asset ownership and compound gains from rising property and investment values, with limited upward mobility for Black Caribbean and Black African individuals.

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