Switzerland is one of the richest countries in the world with the highest GDP per capita. So you could say that almost everyone in the country is wealthy. This means that in order to really stand out from the rest of the wealthy, you have to be ultra wealthy. Luckily, Switzerland has plenty of offer the ultra elite, and their billionaires are taking advantage of it. Currently, there are about 40 billionaires living in Switzerland, according to Forbes. The country also has a favorable tax system, and the banking industry is pretty huge. Many of the country’s billionaires come from wealth, meaning they inherited it from their families. Some of these billionaires are pretty unconventional, meaning they’re not spending their money on just yachts and private jets. They’re giving back to the community with charitable donations to various organizations and universities. But, living in Switzerland doesn’t come cheap either. With a wealthy country, there’s a wealthy population driving up the cost of living. Homes in the area are practically mansions and castles costing millions of dollars. We’re talking tens of millions of dollars. Switzerland is becoming a safe haven for the rich as well, with dining and shopping experiences catering to the ultra wealthy. In this video, we’re going to take a look at what it’s like to be a billionaire in Switzerland.
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Written by: Alex Matsuo
Narrated by: Alex Matsuo
Edited by: Gonzalo L.
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02:05 Guillaume Pousaz
03:06 Ernesto Bertarelli
05:08 Rahel Blocher & Magdalena Martullo-Blocher
06:11 Hansjoerg Wyss
07:17 Swiss Life and the Economy