Several nations dominate the ultra-wealthy’s quest to build and safeguard their fortunes, according to Bloomberg’s latest Family Office Wealth Ranking.
A stable political system, solid property rights, and inheritance tax-free wealth attracted tycoons to Switzerland, the most coveted tax haven in the world.
Hot on its heels is the land of Wall Street – the USA secured #2, flaunting world-class financial markets and wealth-friendly trust laws in fiscal fortresses like Delaware.
Singapore rounds out the podium at #3, a tiny but mighty nation. It boasts a thriving financial hub, pro-business taxes, and ironclad political stability.
There are also a number of gold-edged getaways in the exclusive top 10 – elite destinations for the jet-set to park their multigenerational mega-wealth such as New Zealand, the United Arab Emirates, Hong Kong, the United Kingdom and Canada.
The world’s wealthiest clans stash cash in these plush playgrounds to ensure that their treasure troves remain intact for generations to come.