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    Home»Economy»The world's first Roma billionaire advocates the end of taxes; Check the value of your wealth – Money Times
    Economy

    The world's first Roma billionaire advocates the end of taxes; Check the value of your wealth – Money Times

    Charlotte WhitmoreBy Charlotte WhitmoreMay 18, 2024No Comments3 Mins Read
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    The world's first Roma billionaire advocates the end of taxes;  Check the value of your wealth – Money Times
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    Alfie Best, founder of Wyldecrest Residential Parks, is about to become the world's first gypsy billionaire (Image: reproduction/@alfie_best_snr)

    With a fortune of 947 million British pounds (about 6.1 billion Brazilian reals at current prices), Alfie BestFounder Wildcrest Residential Gardensis close to becoming The first gypsy billionaire From the world. Currently, the businessman is the richest Roma in the world United kingdomIn addition to being among the 350 people with the greatest wealth in the country.

    In April this year, even better He began living as a tax exile in Monaco. The businessman currently lives in an apartment overlooking the Formula 1 track, while he hopes to obtain housing in the “Millionaires’ Stadium,” where residents do not pay. Taxes.

    Despite his wealth, Best did not come from any “cradle of gold.” In fact, the millionaire was born in a gypsy caravan and left school at the age of 12 to start working. In 2021, he published his first autobiography; “Can anyone build a real estate empire? Yes!(“Can everyone build a real estate empire? Yes!”, in free translation).

    Last year, the businessman saw his wealth grow by 202 million pounds (1.1 billion Brazilian reals), according to a list published by the English newspaper. timeswhere his RV park company was responsible for most of his wealth. Moreover, the lucky person also owns East Thurrock Uniteda football club from the Essex area that is currently non-league.

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    Billionaire exile and tax haven

    Alfie Best left the UK after he got tired of paying millions to tax officials and became the victim of a “witch hunt”, he says.

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    So, he moved to Monaco, a place known as a tax haven, where there is no income tax and no taxes on companies that have businesses that do most of their business in the country.

    “Britain needs to wake up,” Best told The Times. According to him, the tax system and business regulations are sterilizing the few powerful people who build economies.

    “We need these people to start businesses and create jobs. Brexit was a golden opportunity to create a fast-growing, pro-entrepreneurship environment. This opportunity has been completely missed,” he declared.

    Now to the British newspaper the sunAfzal stated that he was inspired by this phrase Warren Buffett“A fool with a plan can beat a genius without a plan.”

    However, the two businessmen do not agree on everything Buffett advocates higher taxes on the rich. According to what the President and CEO of the company said Berkshire HathawayYour company will pay whatever the current rate is, 21% or something higher.

    “Taxes are very likely to go up, and if the government wants to take a bigger share of your income, whether mine or Berkshire's, they can do that,” the Omaha fortune teller said earlier this month.

    Trainee writing

    Communications student, studying journalism at Casper Libero College. She joined Money Times in 2024 as an intern.

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    Communications student, studying journalism at Casper Libero College. She joined Money Times in 2024 as an intern.

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    Charlotte Whitmore

    Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.

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