I wonder if this is solely accounting for migration and not currency fluctuations creating and removing millionaire status. The pound has been quite strong recently while the dollar has lost 10% this year. That the stronger currency has seen the greatest loss of millionaires while the weaker one has seen the most growth is something I would expect to see regardless of migration patterns. I guess "millionaire" here is qualified against USD so maybe I'm overthinking it.
I wonder if this is solely accounting for migration and not currency fluctuations creating and removing millionaire status. The pound has been quite strong recently while the dollar has lost 10% this year. That the stronger currency has seen the greatest loss of millionaires while the weaker one has seen the most growth is something I would expect to see regardless of migration patterns. I guess "millionaire" here is qualified against USD so maybe I'm overthinking it.
Pound strengthening would mean increasing UK millionaires in USD terms
Personally, I am looking at leaving the US for a bit and head to Portugal 🇵🇹 for long enough to get citizenship.
Surprised to see UK as by far the number one for millionaires to leave! Assumed it was China 😅
South Korea is number 4 for departure
@south_korea_ln