Record 1,000 UK taxpayers under 30 earned more than £1m last year

The Guardian - World NewsCenter-LeftEN 3 min read 100% complete by Donna FergusonFebruary 14, 2026 at 05:00 PM

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A record 1,000 UK taxpayers under 30 earned over £1 million last year, an 11% increase from the previous year, according to HMRC records obtained by Lubbock Fine. These young earners collectively took home over £3 billion, averaging £3 million each. This surge is attributed to factors like increased income for social media influencers, larger pay packages for sports, music, and media stars, and higher salaries in technology and finance. While under 30s represent about 3% of all million-pound earners, their numbers are growing faster than older high-income earners. The number of under 30s earning over £1 million has risen by 54% since the pandemic. However, experts caution that high earnings at a young age do not guarantee lifelong wealth.

Key Entities & Roles

Key Player Opposition Context

Instagram 40% Ampere 40% TikTok 40% YouTube 40% Russell Rich 50% Manchester City 50% Molly-Mae Hague 60% Erling Haaland ×270% HMRC ×380% Lubbock Fine ×390%

Keywords

under 30s 100% high earners 90% million pound earners 80% income 70% influencer marketing 70% sports 50% social media 50% technology 40% financial services 40%

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Positive

Score: 0.30

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The Guardian - World News

Political Lean

Center-Left (-0.40)

Far LeftCenterFar Right

Classification Confidence

90%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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under 30s high earners million pound earners income influencer marketing sports social media technology financial services

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