The Guardian·3 min read·medium

Billionaire Chris Rokos, who paid £330m in tax last year, to quit UK

L
Lauren Almeida
Billionaire Chris Rokos, who paid £330m in tax last year, to quit UK
AI Summary

Billionaire hedge fund manager Chris Rokos is planning to relocate his residency from the UK to Greece. His departure follows a trend of wealthy individuals leaving the UK due to concerns over tax policy changes, including the abolition of the non-dom regime.

Why it matters

The exit of high-net-worth individuals and major taxpayers raises concerns about the UK's fiscal policy and its ability to retain capital and investment.

Dive DeeperCreate a free account to unlock

Chris Rokos was ranked third in the Sunday Times’s list of top taxpayers in the UK. Photograph: Nick Saffell/University of Cambridge/PA Chris Rokos was ranked third in the Sunday Times’s list of top taxpayers in the UK. Photograph: Nick Saffell/University of Cambridge/PA The super-rich Billionaire Chris Rokos, who paid £330m in tax last year, to quit UK Hedge fund tycoon is latest financier to exit amid fears among super-rich over tax rises

Prefer the Guardian on Google The hedge fund billionaire Chris Rokos is poised to leave the UK, the latest in a string of high-profile exits among Britain’s super-rich.

The founder of Rokos Capital Management is preparing to move his residency to Greece, and will open an office in Athens as part of the move, according to Bloomberg.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesspoliticseconomy

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in