We Need More Rich People

What would be better for most people in your country: having fewer rich people... or having many more?

In 2025, for the first time in history, more than 140,000 millionaires changed their country of residence. The United Kingdom lost 16,500 in a single year, the largest wealth exodus ever recorded. France, Germany and Spain became net exporters of fortunes. Argentina holds US$470 billion outside its financial system. Meanwhile, Dubai, Milan, Singapore, Zurich, Montevideo and Asunción take in the ones who leave, along with their companies, their jobs and their ideas.

This book walks through those cases with numbers, names and dates, and arrives at an uncomfortable conclusion: countries don't have too many rich people. They need more. And those who believe justice means going after the people who create value end up just as unequal, only poorer.

Inside you'll find:

• How London went from the world's capital of money to losing it in ten years.
• What happened in France, Norway and Madrid when they tried the wealth tax.
• How Argentina came to hold more money abroad than any other country in its region, and how it tried to tax the people who had already left.
• How Uruguay and Paraguay, with no oil and no financial center, captured the capital their neighbors drove away.
• What Singapore, Dubai and Switzerland actually did, and what usually gets left out when they're cited.
• The six strongest objections to this thesis, answered one by one.
• A ten-point playbook for a country and four rules for a person.

It is written by someone who lived the full cycle. An Argentine who, after watching his country choose once again the path that had already failed, changed his tax residence and had to go to court when the State tried to charge him a tax created after he no longer lived there. From Punta del Este, with investments in five countries, he tells what he saw.

Wealth isn't redistributed. It multiplies.