How the Rich Use Tiny Countries to Avoid Taxes
Update: 2025-08-25
Description
Everything we collectively own on this planet, every house, every stock, every business, is worth around $450 Trillion, according to the UBS Global Wealth Report. That’s the equivalent of about 7500 Jeff Bezoses. And roughly 40 of them have vanished offshore. We’ve already shown you how corporations and billionaires stash their wealth overseas on our video on offshore banking.
But that leaves a bigger, more interesting question:What’s in it for the tax havens themselves?
Why would tiny countries bend their laws to protect the richest people on Earth?
Well, let’s find out.
But that leaves a bigger, more interesting question:What’s in it for the tax havens themselves?
Why would tiny countries bend their laws to protect the richest people on Earth?
Well, let’s find out.
Comments
In Channel