London’s Great Wealth Exodus

Why London’s Millionaires Are Fleeing And Where They’re Heading

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London used to be one of the best places in the world for rich people to live. But today, things have changed.

A new report shows that in the last 10 years, around 30,000 millionaires have left London.

And in just the past one year, over 11,000 millionaires moved out.

This is the biggest loss of rich people anywhere in the world, after Moscow.

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This major shift is changing not only London but also the way money and power are moving around the world.

Once a shining beacon for the world’s wealthy, London is now witnessing an exodus of its richest residents. A new study paints a striking picture: over the past decade, the British capital has lost nearly 30,000 millionaires. Even more concerning for Londoners — more than 11,000 of them left just in the last 12 months.

This is the second-biggest flight of millionaires in the world, coming in right after Moscow.