Lord Lee shares investment strategy as UK Isa millionaires rise to nearly 5000

Lord John Lee of Trafford, the first Isa millionaire in 2003, has seen his Isa investments grow significantly since then. Today, there are nearly 5,000 Isa millionaires in the UK, with 25 holding an average of £8.9 million each. The number of Isa millionaires has increased by 228% in two years. Lord Lee attributes his success to maximizing his Isa allowance, reinvesting dividends, and making strategic investments. He emphasizes the importance of starting early and benefiting from compounding returns. Lee's investment strategy includes buying shares in successful companies and reinvesting dividends for long-term growth. His notable investments include telecoms company Cerillion, which has seen substantial price increases since its listing.