UK’s Richest Man John Fredriksen Moves to UAE After Tax Raid Shakes Billionaire’s Empire

UK’s Richest Man John Fredriksen Moves to UAE After Tax Raid Shakes Billionaire’s Empire

John Fredriksen, once the UK’s richest man alive, has stunned markets and regulators by relocating to the United Arab Emirates. This bold move follows a sweeping tax raid by European authorities that sent shockwaves through his sprawling shipping empire.  Fredriksen’s decision underscores a growing trend among billionaires fleeing high-tax countries for tax-friendly havens. His story…