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You can only squeeze so hard before the rich pack up and leave. In this episode of Watchdog on Wall Street, Chris explains how the UK’s tax hikes drove out its wealthiest residents—and why the same thing is happening worldwide.
Inside the numbers:

• UAE leads the pack, gaining nearly 10,000 new millionaires this year thanks to low taxes and safety
• The U.S. still attracts wealth—7,500 millionaires moved here in 2025
• Italy, Switzerland, Saudi Arabia, and Singapore are also big winners
• Meanwhile, the UK is bleeding wealth—16,500 millionaires gone in 2025 alone
• China, India, South Korea, Russia, and even France are all watching their rich head for the exits

High taxes don’t punish the rich—they punish the countries dumb enough to chase them away.