The New York Times

The Millionaires Are Fleeing. Maybe You Should, Too.

WEALTHY PEOPLE ARE OFTEN THE FIRST TO SHIP THEIR MONEY TO SAFER HAVENS ABROAD. THAT CAN BE A LEADING INDICATOR OF WHEN A COUNTRY IS IN TROUBLE.

Tracking the rich has become a voyeuristic global industry, a form of celebrity worship. But it can also provide serious clues about where countries are headed.

When a country begins to fall into economic and political difficulty, wealthy people are often the first to ship their money to safer havens abroad. The rich don’t always emigrate along with their money, but when they do, it is an even more telling sign of trouble.

Since 2013, New World Wealth, a research outfit based in South Africa, has been tracking millionaire migrations

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