First the millionaires, now the billionaires: Fears for Britain's next great exodus
TL;DR
Reports 10,800 millionaires left UK in 2024 (157% increase) following non-dom changes.
Documents the scale of UK wealth emigration with disputed but widely-cited Henley & Partners data. The 10,800 millionaires (157% increase from 2023) figure illustrates the source-sink dynamic at population scale—aggregate behavior mirroring individual founder decisions like Storonsky's.
Key Findings from National (2025)
- Estimated 10,800 millionaires left UK in 2024
- 157% increase from 2023 exodus figures
- Data from Henley & Partners (methodology disputed)
- Non-dom abolition cited as primary driver