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The News in the Interview with Iceland's Richest Man

Summary by RÚV
In July, it was reported that the wealthy Björgólfur Thor Björgólfsson had moved his legal residence from the UK to the city of Milan in northern Italy. In an interview with the news agency Bloomberg, Björgólfur Thor said that there were tax reasons for this move. The reason is that the British Labour Party has changed the tax system in the country. Now it is the case that international investors like Björgólfur Thor have to pay taxes there on i…
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In July, it was reported that the wealthy Björgólfur Thor Björgólfsson had moved his legal residence from the UK to the city of Milan in northern Italy. In an interview with the news agency Bloomberg, Björgólfur Thor said that there were tax reasons for this move. The reason is that the British Labour Party has changed the tax system in the country. Now it is the case that international investors like Björgólfur Thor have to pay taxes there on i…

·Reykjavík, Iceland
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RÚV broke the news in Reykjavík, Iceland on Saturday, August 15, 2026.
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