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Stateless and super-rich

As most people continue to batten down the financial hatches, an elite group
of the world's "stateless super-rich" is blossoming, and transcending
geographical boundaries to purchase properties in major cities across the
globe
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   As most people continue to batten down the financial hatches, an elite
   group of the world's "stateless super-rich" is blossoming, and
   transcending geographical boundaries to purchase properties in major
   cities across the globe.
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   their roots are," he says.

   This increasingly global lifestyle has led to the stateless super-rich
   buying a larger portion of the world's most expensive homes as they
   look to park their wealth in perceived havens. On average they own four
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   moved away."

   There is also a lack of integration between the incoming stateless
   super-rich and the communities into which they are buying. "Some
   foreign nationals will come to London or New York because other wealthy
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   Tanya Powley is the FT's mortgage and property reporter; Lucy
   Warwick-Ching is the FT's online Money editor
   TAGS: #Features #Stateless and super-rich
   first published: Apr 28, 2012 01:30 pm

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