France suffered a higher exodus of wealthy residents last year compared to any other country in the world, according to new figures.
A report produced by the 2017 Global Wealth Review suggests France lost 12,000 residents with wealth of at least $1 million – 2,000 more than in 2015.
A series of Islamic terror attacks, in which scores of innocent people lost their lives, are said to be behind the extraordinary statistic. France remains in a state of emergency following the incidents.
China apparently lost the second most millionaires, with 9,000 leaving. A further 8,000 people fled Brazil – an increase of 300 per cent on the year before – and 6,000 moved from India, twice as many as in 2015.
In total, 82,000 people with more than $1 million in assets left their home country last year – 18,000 more than in 2015.
Turkey lost 6,000 millionaires, a 500 per cent increase, after experiencing several terrorist attacks and a failed military coup.
At the same time, 11,000 millionaires apparently chose to move to Australia as their new home last year, compared to just 8,000 the year before.
America was also a popular destination to which to relocate, with 10,000 of the world’s wealthiest moving there.
There were said to be 13.6 million people in the world with more than $1 million in assets at the end of 2016. Their combined wealth stood at an estimated $69 trillion.