FOREIGN WEALTHY PILE INTO BRITAIN

ABOVE: Chelsea owner Russian billionaire Roman Abramovich is one of Britain's welathiest men

If you’re wealthy you want to be in London, Hong Kong, New York or Geneva.

The Boston Consulting Group

1st June 2013

By Will Gant

BRITAIN is home to more than 500,000 foreigners who are dollar millionaires.

And that figure does not include the value of their homes.

There were also 1,000 mega-rich who have at least £66million in the bank, more than any other country except America.

The world’s rich see Britain as a safer place to keep their dosh than the likes of Greece and Spain.

London in particular has long attracted billionaire Russians such as Chelsea FC owner Roman Abramovich, 46, and Arab oil sheikhs.

In total, fat-cat foreigners have £900billion invested in Britain, more than four times the annual economic output of Ireland.

The research was carried out by management advisers The Boston Consulting Group.

The group’s Andy Maguire said: “If you’re wealthy you want to be in London, Hong Kong, New York or Geneva.”

The report added that the richest people in the world live in oil-laden Qatar, where 14.3% have more than £650,000.