‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left

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How it spread - 1 original report

1. Wed, 7 October 2026

   1 report
   • The Guardian World17:00first to report
     ‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left

     TaxWatch contradicts claims about David Reuben’s departure and questions stories of super-rich exodus Apparent exodus of super-rich suggests UK is no longer billionaires’ playground When the Sunday Times broke the news that David Reuben, one of the richest men in the UK, had apparently fled to the tax haven of Monaco, there was much pearl clutching. Reuben had moved from his Holland Park house in London to live full-time in the principality. Labour’s tax regime was blamed and there were said to...