General · 50 minutes ago

Britain's second richest person David Reuben relocates to Monaco

David Reuben, an 88-year-old magnate who, along with his brother Simon, possesses a fortune approaching £28 billion, moved to Monaco recently. This European nation is recognized for not levying taxes on income, capital gains, or inheritances. David Reuben's relocation follows the abolition of the "non-dom" tax system by Rachel Reeves, which allowed individuals to pay tax only on UK-generated income.

By BriefTea Editorial · 5 October 2026 at 8:21

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