How the Rich Use Tiny Countries to Avoid Taxes
Everything we collectively own on this planet, every house, every stock, every business, is worth around $450 Trillion, according to the UBS Global Wealth Report. That’s the equivalent of about 7500 Jeff Bezoses. And roughly 40 of them have vanished offshore. We’ve already shown you how corporations and billionaires stash their wealth overseas on our video on offshore banking. But that leaves a bigger, more interesting question:What’s in it for the tax havens themselves? Why would tiny countries bend their laws to protect the richest people on Earth? Well, let’s find out.
Audio is streamed directly from the publisher (cdn.simplecast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
This is why tiny countries guard trillions in billionaire money
The Systems That Turn Millionaires Into Billionaires: https://youtu.be/JwWWNVq_wKw
Invest in yourself today: https://www.alux.app
We put together a FREE Reading List of the 100 Books that helped us get rich: https://www.alux.com/100books
Get 4 months extra on a 2 year plan here: https://nordvpn.com/alux. It’s risk free with Nord’s 30 day money-back guarantee!