Why Uber-Rich Worth $160 Billion are Leaving Britain
Community Score: 50% | 3.3K views | 1w
0 community ratings: null thumbs up, null thumbs down
The exodus of the uber-rich from the UK has become a $160 billion problem. Bloomberg calculates that figure using data from the Bloomberg Billionaires Index, revealing the scale of wealth behind those leaving Britain. It represents the total wealth of individuals tracked by the index who have loosened their ties with the UK - or cut them entirely — over the past two years. Armand Arton, CEO of Arton Capital, joins Bloomberg Radio’s Caroline Hepker and Tiwa Adebayo to discuss what’s driving wealthy individuals to reconsider where they live and invest. -------- Subscribe to Bloomberg Live on YouTube: https://www.youtube.com/channel/UC7UFcUbAd8oyCBWCogVpJ6g?sub_confirmation=1
Tags: Armand Arton, Arton Capital Ltd, Brexit, Caroline Hepker, Private wealth, Taxes, Tiwa Adebayo, UK billionaires, UK economy, UK fiscal policy, Visa, Wealth Management, exodus, family offices, london finance, non doms, tax exempt, uk private capital, uk wealth tax
More from Bloomberg Podcasts
- Follow the Money All the Way to Carney's Canada — Score: 50%
- Daybreak Weekend: US CPI, Europe Energy, RBA Decision | Bloomberg Daybreak: Europe Edition — Score: 50%
- Bloomberg Money: Credit Card Indicators and Golf's Changing Fanbase | Bloomberg Intelligence — Score: 50%
- We hear you! | Bloomberg Hot Pursuit! — Score: 50%
- Bloomberg Businessweek Weekend - August 7th, 2026 | Bloomberg Businessweek — Score: 50%
- Team Favorite: AI-Era Internet, Spaceport Investment, Bolivia’s Investability | Wall Street Week — Score: 50%