Few Polish billionaires locate assets outside Poland - report
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Boston Consulting Group conducted a report which indicated that the wealth of the world's billionaires grew by nearly 12 percent last year. It also showed that only five percent of Polish billionaires located their assets abroad.
The largest increase in the value of assets was recorded in Asia and Pacific, around 30 percent. Poles choose mainly Switzerland among other foreign countries to locate their wealth.
"In recent years, we have been observing a return of money invested abroad to Poland. It is a consequence of increasing trust as well as a result of economic and political stability of the country and the attractiveness of offers made by the domestic private banking sector," said Małgorzata Anczewska, the CEO at mWealth Management.
