Britain likely to lose nearly one in six millionaires by 2028: Report

A UBS report predicts a 17% drop in U.S. dollar millionaires in Britain by 2028, citing high numbers and policy changes. Conversely, the U.S. and Taiwan will see millionaire growth. Global wealth increased by 4.2% in 2023. Asia-Pacific leads in wealth growth but also debt increase, with Taiwan expected to see a 47% rise in millionaires.