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How much wealth is left?
The $160 billion taken by departing billionaires is a huge sum, exceeding the total assets of all billionaires still residing in the UK. This significantly reduces the country's overall private wealth and potential for investment, impacting the economy.
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Billionaires leaving UK took about $160 billion to tax havensRelated explainers
How do tax havens work? Why are banks making so much? Why boost production so much? Why borrow so much? Why do CEOs earn so much? Why are children left in cars? Why do clubs spend so much? What is 'corporate wealth'?The full catalogue
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