02.03.2017 London will remain a magnet for billionaires

02.03.2017 London will remain a magnet for billionaires

Despite Brexit London will continue to attract millionaires and billionaires from Asia and Middle East. The number of UK-based ultra high-net-worth individuals (those with more than $30m in assets) is predicted to rise by 30% to 12,310 over the next decade. Over the last decade the population of ultra high-net-worth individuals in the UK has increased by 28% and is expected to keep rising, while the number of superrich on the continent is predicted to remain flat or decrease. According to the experts the UK’s membership of the EU was less important for the world’s richest people than the general population.

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