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London to remain to attract the super-rich despite BREXIT
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Loading...The number of UK-based ultra high-net-worth individuals – those with more than $30m in assets – is expected to increase by 30% to 12,310 over the next decade. Liam Bailey, Knight Frank’s head of research, said London would remain “the city of choice” for the superrich from the Asia and the Middle East despite concerns over Brexit.
London is without doubt the dominant city for the wealthy,” he said. “London is just more accessible for more wealthy people, it is more convenient, more connected and more open than other cities. London attracts talent from around the world, and it will continue to do so.”
More than 10,000 rich people left France last year, 6,000 Italy, 3,000 Greece and 2,000 Spain.
The report points out that it is difficult to state which city or country the superrich call home as so many own several properties across the world.
The global population of ultra high-net-worth individuals increased by 6,340 last year to 193,490. Another 60 people were added to the global tally of billionaires last year, taking the total number of dollar billionaires to 2,024 – up 45% over the past decade.
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