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Britain’s richest people have experienced the biggest-ever rise in their wealth, according to the Sunday Times Rich List. Driven by the new economy of Internet and computer entrepreneurs, the wealth of those at the top of the financial tree has increased at an unprecedented rate. The 12th annual Rich List will show that the collective worth of the country’s richest 1,000 people reached nearly 146 billion by January, the cut-off point for the survey. They represented an increase of 31 billion, or 27%, in just 12 months. Since the survey was compiled, Britain’s richest have added billions more to their wealth, thanks to the continuing boom in technology shares on the stock market. This has pushed up the total value of the wealth of the richest 1,000 to a probable 160 billion according to Dr. Philip Beresford, Britain’s acknowledged expert on personal wealth who compiles the Sunday Times Rich List.
The millennium boom exceeds any
A. their wealth can be easily lost.
B. their wealth is greatly influenced by start-up companies.
C. their wealth is mainly generated from technology shares.
D. their wealth is quickly devaluated with the up-and-down of house prices.
Passage Three
No country in the world has more daily newspaper than the USA. There are almost 2,000 of them, as compared with 180 in Japan, 164 in Argentina and 111 in Britain. The quality of some American papers is extremely high and their views are quoted all over the world. Distinguished dailies like the Washington Post or the New York Times exert a powerful influence all over the country. However, the Post and the Times are not national newspapers in the sense that the Times is in Britain of le Monde in France, since each American city has its own daily newspaper. The best of these present detailed accounts of national and international news, but many tend to limit themselves to state or city news.
Like the press in most other countries, American newspapers range from the "sensational", which feature crime, sex and gossip, to the serious, which focus on factual news and the analysis of world events. But with few exceptions American newspapers
A. have a limited range of information
B. attract readers of all political groups
C. are compared with television all the time
D. mainly concern state news
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