The Rich Left Britain and Took Out Assets Totaling About $160 Billion, According to Bloomberg
6 Articles
6 Articles
The wealthiest entrepreneurs who left the United Kingdom in the past two years because of the elimination of tax benefits have reached $160 billion. The trend of massive departure of wealthy foreigners from the country has gained momentum in the run-up to last year's tax reform, Bloomberg writes. The flow of super-richs has become a serious financial problem for London, as the loss of $160 billion exceeds the total wealth of billion that continu…
The rich left Britain and took out assets totaling about $160 billion, according to Bloomberg
The rich left Britain and took out assets totaling about $160 billion, according to Bloomberg.The agency attributes their departure to higher taxes, the abolition of benefits for the rich, and fears of new...
Britain is losing wealthy residents and families worth $160 billion, as tax changes and London’s deteriorating image are fueling the exodus, according to Bloomberg’s analysis of the Billionaires Index. The combined wealth of people who have left the country or cut ties with it in the past two years now exceeds that of the wealthy index participants who remain in the UK, according to the analysis. Tax change accelerates relocation Half of the gro…
London Takes a Hit as Super Rich Worth $160 Billion Exit UK
The wealthiest entrepreneurs who have left the UK in the last two years are already worth $160 billion in the last two... ♪ 05.10.2026, PRIM ♪
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