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As London falls out of top 5 wealthiest cities, can the UK turn the tide on the HNW exodus?
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As London falls out of top 5 wealthiest cities, can the UK turn the tide on the HNW exodus?
London is haemorrhaging the rich to such an extent that the UK's capital has dropped out of the world's five wealthiest cities. Driven overseas by a combination of government tax hikes, failure to fully recover from the 2008 recession, continued fallout from Brexit and the sharp fall in the pound’s value, 18 centimillionaires (those with a net worth of $100 million or more) and two billionaires were among the estimated 25,000 wealthy that London…
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