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Politics · 7 hours ago

Billionaires leaving UK took about $160 billion to tax havens

Billionaires leaving UK took about $160 billion to tax havens

Graphic: BriefTea

Britain's wealthiest residents are increasingly moving abroad due to recent tax changes, taking about $160 billion with them. The $160 billion amount exceeds the total assets of billionaires still residing in the UK. Destinations like Switzerland, Monaco, and the UAE offer significantly lower tax bills, attracting figures such as Lakshmi Mittal and John Fredriksen.

By BriefTea Editorial ·

Reported by Fortune · How we write briefs

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