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Billionaire said to have fled UK wealth tax had already left
Original: ‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left
David Reuben, the British billionaire, was reported to have moved to Monaco to escape a potential UK wealth tax, but TaxWatch says he had already left the country years earlier, contradicting claims he quit over tax plans. The findings cast doubt on widely circulated stories of an exodus of the super-rich from Britain.
Why now: Claims that the wealthy are leaving Britain over tax changes are being publicly challenged with new research.
David ReubenTaxWatchMonacoUnited Kingdom
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Evidence
- ‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left · The Guardian
TaxWatch contradicts claims about David Reuben’s departure and questions stories of super-rich exodus
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