CX Daily: The Great Wealth Migration: Why the Ultra-Rich Are Fleeing Britain
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Partygoers on a motor yacht leave the harbor during the Dubai International Boat Show on March 9, 2022.
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The Great Wealth Migration: Why the ultra-rich are fleeing Britain
Ann Kaplan Mulholland had an audacious plan. The 64-year-old Canadian businesswoman, worth an estimated £500 million ($646 million), had spent years living in Britain. She and her husband even bought a £5.5 million castle once occupied by Henry VIII, embracing a medieval lifestyle.
But when she learned about Britain’s sweeping new tax reforms, she hatched an unconventional idea — turn her castle into an independent country.
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