# Wealth Migration: Where Are the Billionaires Going?

Page: https://stenobird.com/podcast/real-estate-without-borders-7230757/wealth-migration-where-are-the-billionaires-going
Text version: https://stenobird.com/podcast/real-estate-without-borders-7230757/wealth-migration-where-are-the-billionaires-going.md
Podcast: [Real Estate Without Borders](https://stenobird.com/podcast/real-estate-without-borders-7230757)
Published: 2025-08-18T00:57:15+00:00
Episode link: https://podcasters.spotify.com/pod/show/real-estate-without-borde/episodes/Wealth-Migration-Where-Are-the-Billionaires-Going-e36vl6h
Audio file: https://anchor.fm/s/1007d7020/podcast/play/106992273/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-7-18%2F405825141-44100-2-4e5270627b89.mp3
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JSON: https://stenobird.com/v1/public/podcasts/real-estate-without-borders-7230757/episodes/wealth-migration-where-are-the-billionaires-going
Duration seconds: 1923

## Resource

In this episode, Daniel Foch and Dave Hutch explore the fascinating topic of wealth migration, focusing on where billionaires are relocating and the factors influencing their decisions. They discuss the significant growth of millionaires in countries like Montenegro and the UAE, the implications of tax rates, and the overall economic landscape. The conversation also shifts to America's immigrant billionaires, highlighting notable figures like Elon Musk and Sergey Brin, and the impact of their contributions to the economy. The hosts emphasize the opportunities available for high-income earners and the importance of understanding global real estate trends.

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## Transcript

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