Why Billionaires Like John Fredriksen Are Moving to Dubai
John Fredriksen, one of the world’s most powerful shipping moguls, just moved his empire from London to Dubai. His reason? Taxes, control, and the future of global wealth. This isn’t a blip. It’s a trend — and you should pay attention.
Billionaires Are Making Moves — Out of London and Into Dubai
Another titan has landed.
John Fredriksen, the Norwegian-born shipping kingpin worth over $13B, has officially shifted major parts of his empire from London to Dubai.
Why? The UK killed its legendary non-dom tax break.
Fredriksen didn’t sit around debating it. He packed up and made the switch — and he’s not alone.
Why Dubai?
✅ 0% personal income tax
✅ 10-year UAE Golden Visa
✅ No nonsense, no red tape
✅ Global banking & business hub
He shut down his London HQ. Set up in Dubai. And joined a wave of global elites tired of playing defense.
The Bigger Trend
According to the Wealth Migration 2025 Report, the UAE is booming with new high-net-worth arrivals from:
🇬🇧 UK
🇷🇺 Russia
🇮🇳 India
🌏 Southeast Asia
🌍 Africa
They’re not coming for the beaches. They’re coming for structure, leverage, and control.
Who’s This For?
Founders earning $1M+ a year
Investors wanting to control global exposure
Family offices chasing predictability
This isn’t about escape. It’s about smart positioning for the next decade.
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