Latest news with #exodus
Daily Mail
10-05-2025
- Business
- Daily Mail
EXCLUSIVE 'New Beverly Hills' could be wiped off the map by silent crisis... as contagion spreads across East Coast
One of the wealthiest counties in the US is facing a mass exodus thanks to rising sea levels causing frequent flooding to luxury homes. Located just across the Hudson River from Manhattan, Bergen County, New Jersey, boasts a median income level of $110,000, compared with the national $69,000. Your browser does not support iframes.
Bloomberg
08-05-2025
- Business
- Bloomberg
Mega-Rich Baby Boomers Quit UK in Growing Wealth Exodus Over Tax
The patriarch of one of the Europe's biggest fortunes is among the latest wave of rich Baby Boomers and Gen X residents exiting the UK amid tax hikes aimed at the country's wealthiest denizens. Troels Holch Povlsen, the 75-year-old founder of clothing giant Bestseller, which owns the Jack & Jones brand, recently switched his usual residency to his native Denmark after previously citing it as England, according to registry filings.
Bloomberg
06-05-2025
- Business
- Bloomberg
Is the 'US Exceptionalism' Trade Making a Comeback?
The narratives supporting an exodus from US assets have taken a few knocks in recent days. By Save Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Markets love a good story. Human beings like to do things for reasons. Stories provide these reasons. Stories give you something to say to other human beings (particularly your clients or your bosses) when they ask you why you've done something.
