UK billionaire declares ‘Britain has gone to hell,’ lists $337m London estate on sale and moves to Dubai | World News

UK billionaire declares ‘Britain has gone to hell,’ lists $337m London estate on sale and moves to Dubai | World News

The UK abolished the non-dom tax status in April, prompting a record number of billionaires, including Fredriksen, to leave/ image: Source: Jeff Gilbert/Alamy Stock Photo via Llyod’s List TL;DR UK billionaire John Fredriksen is leaving Britain due to the Labour government’s abolition of non-dom tax status. He’s putting his £250 million (₹2,911.5 crore) Chelsea estate,…

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‘Britain has gone to hell’: Why one of UK's richest billionaires left London and moved to UAE | Trending

‘Britain has gone to hell’: Why one of UK’s richest billionaires left London and moved to UAE | Trending

The ninth richest billionaire in the United Kingdom has decided to move his business out of London to the UAE, after claiming that “Britain has gone to hell.” Norwegian shipping tycoon John Fredriksen is the latest in a growing exodus of wealthy individuals from the UK capital, according to a report by E24. The 81-year-old…

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