EPISODE · Aug 19, 2025 · 4 MIN
16,500 Millionaires Just Fled the UK! Here’s Why
from Watchdog on Wall Street with Chris Markowski · host Finance, Investing, & Markets
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured You can only squeeze so hard before the rich pack up and leave. In this episode of Watchdog on Wall Street, Chris explains how the UK’s tax hikes drove out its wealthiest residents—and why the same thing is happening worldwide.Inside the numbers:UAE leads the pack, gaining nearly 10,000 new millionaires this year thanks to low taxes and safetyThe U.S. still attracts wealth—7,500 millionaires moved here in 2025Italy, Switzerland, Saudi Arabia, and Singapore are also big winnersMeanwhile, the UK is bleeding wealth—16,500 millionaires gone in 2025 aloneChina, India, South Korea, Russia, and even France are all watching their rich head for the exitsHigh taxes don’t punish the rich—they punish the countries dumb enough to chase them away.
What this episode covers
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured You can only squeeze so hard before the rich pack up and leave. In this episode of Watchdog on Wall Street, Chris explains how the UK’s tax hikes drove out its wealthiest residents—and why the same thing is happening worldwide.Inside the numbers:UAE leads the pack, gaining nearly 10,000 new millionaires this year thanks to low taxes and safetyThe U.S. still attracts wealth—7,500 millionaires moved here in 2025Italy, Switzerland, Saudi Arabia, and Singapore are also big winnersMeanwhile, the UK is bleeding wealth—16,500 millionaires gone in 2025 aloneChina, India, South Korea, Russia, and even France are all watching their rich head for the exitsHigh taxes don’t punish the rich—they punish the countries dumb enough to chase them away.
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16,500 Millionaires Just Fled the UK! Here’s Why
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