Not true!
. And how would they know that you have a million pounds unless you submit proof? No, you need a visa. 
This conversation is reminding me of something another friend mentioned when we were talking about this whole visa process and whether or not being wealthy/famous/politically important would make a difference: Meghan Markle is American, are they going to make her go through all of this? How exactly is Prince Harry going to submit his income qualifications?? Which visa do you think they'll go for? We had a pretty big laugh imagining all the scenarios, and now one of my favourite lines to grumble when I'm feeling down is "I bet Meghan Markle won't have to put up with any of this waiting..." But she should have to put up with it. I can't wait for the paparazzi photo captioned "Ms. Markle sits at home in Toronto, checking her email and a few helpful chat forums as she awaits news from UKVI..."