According to The Guardian, Norway's wealth tax is backfiring as more than 30 Norwegian billionaires and multimillionaires left the country in 2022.
In 2022 Norway’s third richest man, Kjell Inge Røkke, announced in an open letter to shareholders he was moving to Lugano, Switzerland.
“My capital will continue working in Norway,” wrote the fishing magnate turned industrialist who launched his empire four decades ago with a 69-foot trawler he bought while saving money working on ships of...