Monday, July 4, 2022

15 Percent of Russia’s Wealthiest Likely to Emigrate by End of Year, New Survey Finds

Paul Goble

            Staunton, June 13 –Almost one in six of Russia’s 101,000 millionaires – some 15,000 in all -- are likely to leave their own country for residence abroad by the end of 2022, according to a survey conducted by Henley & Partners. That figure is up from 5500 such departures in 2019 and makes Russia the world leader in in terms of the number of the wealthy deciding to emigrate. 

            The share of dollar millionaires who will likely leave Ukraine is even higher in percentage terms, 42 percent, but far lower in total numbers, 2800, because the total of such wealthy people in that country is much lower (henleyglobal.com/publications/henley-global-citizens-report/2022-q2).

            Henley & Partners says that the wealthy will be leaving other countries as well, including 13,000 from China (including Hong Kong), 8,000 from India, 2500 from Brazil, and 1500 from Great Britain. Countries expecting an influx include the UAE (4,000), Australia (3500), Singapore, Israel, and Switzerland.

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