Henley & Partners projected China would remain the “biggest millionaire loser' this year as part of the Private Wealth Migration Report 2024 it released Tuesday
More millionaires will apparently ditch China than any other nation in 2024. Henley & Partners projected the country would remain the "biggest millionaire loser" this year as part of the Private Wealth Migration Report 2024 it released Tuesday that derived its findings from New World Wealth data covering over 150,000 high-net-worth individuals. The firm puts out the report annually.
Overall, some 128,000 high-net-worth individuals will pack up their bags and call a new country their home during 2024, the investment migration advisory firm provisionally said. That’s 8,000 more than 2023. Including China, Henley & Partners reported the biggest net departures of people with at least $1 million will occur in the following 10 nations: China has experienced the largest net loss of high net worth individuals for quite some time, including last year, according to Henley.
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