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WorldPingBBC Business
Boots sold in £7bn deal to Canadian billionaire family
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Brief by WorldPing · Original reporting by BBC Business
Billionaires have left the U.K. and taken $160 billion to the likes of Monaco, Switzerland, and the UAE—that’s more than those who stayed are worth
WorldPingWhat happened
The ultra-rich have exited the U.K. for tax safe havens.
A steel billionaire quit Britain after 30 years for the Alps, and an 88-year-old fled to Monaco.
Key facts
- A steel billionaire quit Britain after 30 years for the Alps, and an 88-year-old fled to Monaco.
- Reported by Fortune and published Wed, 07 Oct 2026 15:27:54 UTC.
Why it matters
Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.
What to watch next
- Revisions to the initial figures once fuller data is released
- How rate expectations and index futures respond
- Guidance or commentary from the companies and policymakers involved
Coverage timeline
When each newsroom published on this story, oldest first — all times UTC.
British billionaire warned Epstein was a ‘sexual deviant’ decades before FBI closed in on the abuser
Billionaires have left the U.K. and taken $160 billion to the likes of Monaco, Switzerland, and the UAE—that’s more than those who stayed are worth
Sources
The original report was published by Fortune. WorldPing does not claim that reporting — this page summarises and contextualises it.
Read the full report at FortuneFollow the story
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