Thought it was only Dyson that fled.
Britain's richest person to leave UK for tax-free Monaco | Business | The Guardian
Britain’s richest person is quitting the UK for Monaco – just two months after he was knighted by the Queen for “services to business and investment”.
Sir Jim Ratcliffe, the founder and chief executive of petrochemicals company Ineos and a high-profile Brexiter, is preparing to move to the tax-free principality on the Côte d’Azur in order to avoid UK taxes on his vast wealth. His fortune is estimated at £21bn.
Ratcliffe, 65, did not respond to requests for comment, and a spokeswoman for Ineos declined to comment on his decision – first reported in the Daily Telegraph – describing it as a “personal matter”. The company said only that Ineos was “committed” to its business base in the UK and planned to keep its headquarters in London “for the foreseeable future”.
Sir Jim Ratcliffe, the founder and chief executive of petrochemicals company Ineos and a high-profile Brexiter, is preparing to move to the tax-free principality on the Côte d’Azur in order to avoid UK taxes on his vast wealth. His fortune is estimated at £21bn.
Ratcliffe, 65, did not respond to requests for comment, and a spokeswoman for Ineos declined to comment on his decision – first reported in the Daily Telegraph – describing it as a “personal matter”. The company said only that Ineos was “committed” to its business base in the UK and planned to keep its headquarters in London “for the foreseeable future”.
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