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Social Media Stakes Boost Bottom Lines Of Wealthiest

Andrey Andreev, 38, the London-based Russian businessman who founded the online dating site Badoo, is a new entrant in the list worth £500 million. Joanna Shields, the European vice-president of Facebook, is expected to add to her wealth when the business floats. Despite the UK dipping into another recession, its wealthiest 1,000 people have become even richer over the past year, according to latest figures. Bucking the economic downturn and record unemployment, the super-rich have so far enjoyed a great 2012, with the combined wealth of the richest 1,000 now standing at a record £414.26 billion, up 4.7%. 

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