The number of billionaires in the UK has declined slightly, but the fates of their team continue to increase, according to the UBS (UBS) billionaire ambitions. The report reveals that the UK 2024 The UK lived 82 billionaires compared to 83 years ago, although their total assets increased by 9.7% from $ 380.6 billion. USD 2023 Up to 417.5 billion
Although the UK is still overtaking European peers such as Italy (62 billionaires), France (46), Sweden (28) and Spain (27), it follows Switzerland (85) and Germany (117) in Western European billionaires.
The UK is more than two -thirds (72%) of self -made millionaires.
Hindua’s family – owners of the Indian Indian Conglomerate Indian Group – sitting on the Sunday Times Rich list in 2025, despite their total assets, Gopi Hinduja and his family still have around £ 35.3 billion pounds.
Other names are the inventor and vacuum magnate James Dyson and Jim Ratcliffe, the Petrochemicals billionaire and the owner of Manchester United.
The UK loses some of the richest population, as the labor government in April. Discontinued tax taxes not where the UK residents have their own permanent homes or a permanent place outside the UK for tax purposes.
Read more: How do you say are you rich
April The government has changed not the status of Dom with new foreign income and profit mode. This scheme offers tax benefits for foreign income during the first four years of the UK tax residence – if the person has not lived in any of the previous 10 years.
This shift in policy, initially proposed by former Conservative Chancellor Jeremy Hunt and accelerated his work heir Rachel Reeves, encouraged some of the richest ones to move abroad in the UK.
According to UBS, billionaires move to countries like Switzerland, UAE, Singapore and the US.
“People move to jurisdictions not only for tax benefits, but also for security and political reasons,” explains the US billionaire. “With my family, I moved to the country, the state and the city a few years ago, which offers the most seeking advantages.
“If political exclusion was intended for failed politicians who still have to curb crime, lack of law and safety, and promote the economic climate that liberates the potential, I am afraid the trend will continue.”
The world of billionaire is thriving in the world. Western Europe saw that billionaire assets increased by 16% to $ 2.7, while Switzerland billionaires recorded a pronounced 23.8% increase. The number of billionaires in the region increased from 456 to 495.
The UAE billionaires assets increased by almost 40% to $ 138.7 billion. And one new billionaire joined their ranks. A total of 18 EMEA region increased from 70 to 728 and total assets increased by 17% to $ 3.7.