Mark Bou Mansour ■ The “millionaire exodus” visualised
Can you solve it?🧠
There are 58,000,000 millionaires in the world.
128,000 of them moved to another country in 2024, the news claimed based on a report published by Henley & Partners.
Is this a “millionaire exodus”? 🤔
The answer is no. The millionaires that supposedly relocated in 2024 represented just 0.2% of all millionaires.
But that didn’t stop news outlets around the world from reporting on a non-existent exodus, so we’ve visualised the problem below in case the helps clarify things further.
For more information, read our report debunking the millionaire exodus myth.
Related articles
The millionaire exodus myth
10 June 2025
Did we really end offshore tax evasion?
The State of Tax Justice 2024
Submission to EU consultation on Anti-Tax Avoidance Directive (ATAD)
6 November 2024
How “greenlaundering” conceals the full scale of fossil fuel financing
Another EU court case is weaponising human rights against transparency and tax justice
Profit shifting by multinational corporations: Evidence from transaction-level data in Nigeria
5 June 2024