logo
episode-header-image
Jun 2024
28m 40s

Millionaire Exodus?

PATRICK BOYLE
About this episode
Send us a textMillionaires are leaving the UK faster than any country in the world other than China, new data shows.According to the Henley Private Wealth Migration Report, 9,500 millionaires, defined in US dollar terms are leaving the UK this year. Only China - which has more than twice as many people with seven-figure net worths - saw more millionaires lea ... Show More
Up next
Sep 13
Why Germany Stopped Working
Germany just freed up half a trillion euros to rebuild itself — and eighteen months later, the money has barely moved. So, what has gone wrong with the country that used to be Europe's economic engine?Everyone has a favourite villain: the end of cheap Russian gas, Chinese competi ... Show More
31m 27s
Sep 5
The Social Reckoning That Wasn't
Last month Meta agreed to pay up to $18 billion dollars to settle claims that it knowingly harmed teenagers — a number the press immediately called Big Tech's "tobacco moment." Wall Street responded by sending the stock up.In this video I read the actual 130-page consent judgment ... Show More
34m 20s
Aug 30
Scott Bessent Is at War With Prices — and Prices Are Winning!
Treasury Secretary Scott Bessent is trying to force down US Treasury yields with surprise bond buybacks — and it isn't working. In this video we break down Bessent's activist debt management strategy, why doubling the Treasury's long-dated buybacks is a bet on falling interest ra ... Show More
44m 51s
Recommended Episodes
Jun 2024
UK’s wealthy foreigners look for the exits
<p>Chinese executives are trying to avoid US tariffs by relocating manufacturing, a growing number of wealthy foreigners in the UK are planning on leaving the country, and Brazilian financial markets have been performing poorly. Plus, the FT’s Tim Bradshaw explains whether Nvidia ... Show More
11 m
Jun 2025
Millionaire exodus myth
Millionaires are not fleeing countries to escape taxes. The Tax Justice Network has analysed these claims and found it's questionable data published by a firm that helps the super-rich buy their way out of rules that apply to everybody else. In fact, things are changing for peopl ... Show More
46m 29s
Jun 2025
Why wealthy people are moving to Portugal
In this conversation, Daniel Foch and Alessandro Palombo explore the dynamics of borderless living, focusing on the migration of wealth and individuals seeking new opportunities in different countries. They discuss the push factors driving people to leave their home countries, th ... Show More
43m 12s
Oct 2025
Manhattan transfer: New York’s finance folk flee
Taxes upon taxes are just one of the reasons that both financial-industry hotshots and businesses are moving out of the Big Apple. We look at what that might cost the city. A snapshot of the drinks business reveals a subtle picture of who is drinking what, and where. And the Chin ... Show More
21m 54s
Oct 2025
Manhattan transfer: New York’s finance folk flee
Taxes upon taxes are just one of the reasons that both financial-industry hotshots and businesses are moving out of the Big Apple. We look at what that might cost the city. A snapshot of the drinks business reveals a subtle picture of who is drinking what, and where. And the Chin ... Show More
21m 54s
Sep 2021
The homes stretch: Evergrande
<p>China’s property behemoth has slammed up against new rules on its giant debt pile. We ask what <a href="https://www.economist.com/finance-and-economics/2021/09/21/what-are-the-systemic-risks-of-an-evergrande-collapse?utm_campaign=the-intelligence&utm_medium=podcast&utm_source= ... Show More
19m 3s
Sep 2025
Record Number Of 401k Millionaires In US 9/17/25
<p>Your 60-second money minute. Today’s topic: Record Number Of 401k Millionaires In US</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</ ... Show More
1m 21s
Feb 2024
Who Will Be The Worlds First Trillionaire? (01/02/24)
The Morning Majlis team discuss the increasing possibility of an individual trillionaire in the coming years as the top 10 billionaires were released by Bloomberg Billionaires Index. The question we leave with you, is even one person being a billionaire too much money? Listen to ... Show More
9m 44s
Sep 2024
Why Are Millionaires Moving Abroad? + The Biggest Deals in Podcasting
Scott and Ed open the show by discussing the UK’s investigation into Microsoft’s Inflection acquihire, as well as Nippon Steel’s potential acquisition of US Steel and Andreesen Horowitz’s decision to close its Miami office. Then Scott shares his thoughts on why millionaires are f ... Show More
52m 54s