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. Want to protect your wealth while the world burns?
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