Why Uber-Rich Worth $160 Billion are Leaving Britain
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. (Source: Bloomberg)