Mr. Seamus Coffey:

Wealth is unequally distributed. In some sense, that is the way it should be. A 62-year-old at the end of his or her working career should have more wealth than a 22-year-old at the start. It is not income; wealth is different. There are extreme gaps, though. One of the questions is on what we should place the focus. Much of the focus can be on business equity that founders have in companies they started. There was undue focus on the Collison brothers in recent weeks in terms of treating billionaires as a policy failure. Surely, we would view them as being a policy success.