Revolut's Billionaire CEO Moves Residence From UK to Mideast

Bloomberg

Bloomberg (2025)

TL;DR

Bloomberg reports Storonsky's move from UK to UAE, revealed via Companies House filing.

First major report on Storonsky's residency change from UK to UAE, revealed through Companies House filing. Exemplifies the source-sink dynamics of founder wealth—the UK ecosystem creates billion-dollar companies, but tax policy drives founders to zero-CGT jurisdictions at the point of maximum value.

Key Findings from Bloomberg (2025)

  • Storonsky changed residence from UK to UAE per Companies House filing
  • Filing revealed in October 2025, actual move occurred October 2024
  • Joins growing list of wealthy entrepreneurs leaving after non-dom abolition
  • Revolut preparing major UAE regional launch

Related Mechanisms for Revolut's Billionaire CEO Moves Residence From UK to Mideast

Tags