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Jeremy Barlow
Nomad Capitalist
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Comments by "Jeremy Barlow" (@jeremybarlow2291) on "Best Cities for Young Entrepreneurs" video.
Yet per capita Sweden is home to more billionaires than just about anywhere and it is one of the countries with the greatest social mobility.
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@Timithos Well the head of H&M lives in Stockholm & is worth $19 billion. Melkor Schorling the head of the Swedish investment firm that bears his name lives in Stockholm & is worth $13 billion. Carl Bennet the CEO of medical technology company Getinge lives in Gothamberg & is worth $11 billion. Just to name a few. It's long list & they are easy to look up. A fair number live in Sweden. You become a billionaire with untaxed asset growth & that happens in most developed democracies. They all tend not to tax unrealized capital gains.
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@Timithos The Swedish corporate tax is imposed on income worldwide. The realized capital gains rate in Sweden is 30%.
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