Wealth migration expert who witnessed Soviet collapse sees unprecedented American exodus: Nuri Katz on why the ultra-rich are leaving the U.S.
By
Nick Lichtenberg
Summary
Nuri Katz, founder of Apex Capital Partners, has spent 34 years helping ultra-wealthy individuals relocate globally. Having witnessed the Soviet Union's collapse firsthand while living in Moscow for two decades, he now observes a striking pattern in America: wealthy Americans are increasingly seeking to leave the country, a phenomenon he's never seen before. Katz draws parallels between the Soviet Union's downfall—driven by overspending and economic strain—and current trends in the U.S., where political instability, tax concerns, and social tensions are driving a surge in emigration inquiries from American millionaires and billionaires.
Source
Key quotes
· 3 pulledI watched the Soviet Union fall apart, and it fell apart because Ronald Reagan outspent them and they we
I've never seen that before.
I would have looked at you like you were crazy if you'd told me it was going to happen.
You might also wanna read
Americans Are Leaving the U.S. in Record Numbers
The U.K. closed a tax loophole for the global rich, now they're fleeing
The Decline of American Migration: Insights from Yoni Appelbaum's 'Stuck'
Americans are no longer migrating as they did in the past, impacting the dynamism of the economy. Yoni Appelbaum's book 'Stuck' explores the
Revolut founder Nik Storonsky's move to Dubai raises questions about UK tax competitiveness and exit taxes
Nik Storonsky, the billionaire founder of Revolut, has reportedly left the UK and become a tax resident in Dubai, a move that could save him
taxpolicy.org.uk·5h agoStudy Finds No Evidence of Millionaire Exodus That Influenced UK Tax Policy
A study by the Tax Justice Network reveals that the widely reported millionaire exodus from the UK in 2024, which influenced the Labour gove
Cross-Country Investigation: Why Americans Feel Economic Prosperity Has Disappeared
The article documents a 30-day journey across 8 American cities to investigate why people feel economic prosperity has disappeared. The auth
Comments
Sign in to join the conversation.
No comments yet. Be the first.
