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We are expected As the UK is experiencing a significant outflow of rich people, this year to see a net inflow of around 7,500 foreign billionaires (with an estimated wealth of $43.7 billion).
Approximately 142,000 billionaires from around the world are projected to move to the new country in 2025, according to a newly released interim report from an investment consulting firm. Henry & Partner.
We created a spectacular number of new billionaires in 2024, the report discovered
Benefits of migrating billionaires include how they contribute to foreign exchange revenue, often launch new businesses and boost their local area Stock market The middle class can indirectly create jobs through expenditure, which can have a multiplier effect on wealth growth, the report says.
The UAE tops the list of billionaires migrations, with a net influx of around 9,800 billionaires with a wealth of around $63 billion. In Middle Eastern countries, billionaires have increased by 98% between 2014 and 2024. The country’s “welcome immigration policy,” zero income tax, strong infrastructure and political stability are all attractive factors for valuable individuals.
The UAE tops the list of billionaires migrations, with a net influx of around 9,800 billionaires with a wealth of around $63 billion. (Fadel Senna/AFP via Getty Images/Getty Images)
The US ranks second on the list, with a net inflow of 7,500 billionaires, bringing about $43.7 billion To wealth. From 2014 to 2024, the US saw a 78% increase in billionaires. Henley & Partners said it brought a country’s EB-5 immigrant investor program, founded in 1990, which has brought over more than $50 billion in foreign direct investment, and an overall “entrepreneurial ecosystem” that “have unparalleled in offering potential for transformative growth.”
The US ranks second on the list, with a net influx of 7,500 billionaires, bringing about a wealth of around $43.7 billion. ((Photo: Roy Rochlin / Getty Images) / Getty Images)
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Italy follows third, winning 3,600 billionaires with an estimated wealth of $20.7 billion. From 2014 to 2024, the number of billionaires in Italy rose by 20%.
Switzerland ranks fourth on the list and is expected to bring in a 300 billionaire with a wealth of around $16.8 billion. In this country, billionaires have increased by 28% from 2014 to 2024.
Saudi Arabia follows number five on the list, with 2,400 billionaires expected to move to the country, bringing $18.4 billion. From 2014 to 2024, the country saw a 55% increase in billionaires.
Meanwhile, the UK, China, India, South Korea and Russia have all lost billionaires.
Billionaires chase these countries more than any other country
The UK is at the bottom of the list, predicting net outflows of 16,500 billionaires, bringing the estimated wealth to $91.8 billion. From 2014 to 2024, billionaires fell by 9% in the country.
The UK expects the outflow of 16,500 billionaires from the country. (Julia Kilian/Picture Alliance by Getty Images/Getty Images)
Behind it is China, which is expected to lose 7,800 billionaires with a wealth of $55.9 billion. In this country, billionaires have increased by 74% between 2014 and 2024.
Ranked third on the list is India, with net flow of 3,500 billionaires with an estimated wealth of $26.2 billion. From 2014 to 2024, the number of billionaires in India rose by 72%.
The fourth on the list is South Korea, with 2,400 billionaires outwards from the wealthy $15.2 billion. The country’s billionaires rose 17% between 2014 and 2024.
South Korea had an outward-looking 2,400 billionaires and had a wealth of $15.2 billion. (Getty Images/Ed Jones via Getty Images/AFP)
Ranked fifth on the list is Russia, with the expected loss of $150 billion in wealth in $15.7 billion. From 2014 to 2024, the country’s billionaires fell by 25%.
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Recently released Global Wealth ReportUBS discovered that in 2024 the US had acquired more than 379,000 new billionaires. The total number of US billionaires rose 1.5% in 2024 to 23.8 million, according to the report.
