Junior ISA wealth boom: number of kids with more than £100,000 trebles in a year

There are almost 2,000 junior ISAs worth more than £100,000, with some lucky children boasting nest eggs of more than £750,000. We look at how to turbo-charge your child’s savings

Girl counting money on table with Mum and Dad
(Image credit: Getty Images)

Junior ISA wealth is booming, with hundreds of lucky children boasting pots worth more than £200,000.

According to HMRC figures for the 2021-22 tax year, 370 youngsters have built fortunes bigger than £200,000, a sharp rise from just 40 in the previous year.

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Ruth Emery
Contributing editor

Ruth is an award-winning financial journalist with more than 15 years' experience of working on national newspapers, websites and specialist magazines.

She is passionate about helping people feel more confident about their finances. She was previously editor of Times Money Mentor, and prior to that was deputy Money editor at The Sunday Times. 

A multi-award winning journalist, Ruth started her career on a pensions magazine at the FT Group, and has also worked at Money Observer and Money Advice Service. 

Outside of work, she is a mum to two young children, while also serving as a magistrate and an NHS volunteer.