Christopher Rokos Exits UK for Greece Over Tax Fears

Billionaire Christopher Rokos Leaves UK for Greece Amid Tax Concerns Britain's third-highest taxpayer has become the latest billionaire to leave the country amid concerns about a potential tax increase under Andy Burnham. Christopher Rokos, a hedge fund tycoon and philanthropist, is moving his residency to Greece. According to the source, Rokos is the latest wealthy individual to depart after the UK scrapped its non-dom regime in April last year, making foreign income liable for tax. Greece's non-dom regime offers a flat tax of €100,000 (about £86,000) on all foreign income for up to 15 years. Rokos, 55, manages a hedge fund with over $20 billion in assets and has a net worth of around $4 billion, per Bloomberg's Billionaire Index. He was listed as Britain's third-biggest taxpayer last year, having paid £330 million in 2025, according to The Sunday Times. That amount equals the tax paid by 21,000 British households, based on the average family's £15,700 annual tax bill. He previously donated £1.9 million to the Conservatives under David Cameron ahead of the 2015 elections. Earlier this year, he made a record-breaking £190 million donation to the University of Cambridge, which funded the opening of the Rokos School of Government. He is also overseeing a £175 million renovation of his 100-bed Wiltshire mansion, including plans for a tennis pavilion and cinema room at Tottenham House, his Grade I-listed stately home. Rokos launched Rokos Capital Management in 2015 after leaving Brevan Howard, where he had worked as a bond trader since the early 2000s. He was recruited there by Alan Howard, his former boss at Credit Suisse, who himself left the UK for Switzerland last year. Rokos built his fund into one of the world's largest through big bets on US stocks. His departure, first reported by Bloomberg, comes as Britain's economic outlook worsens, leading to speculation that John Healey, the new Chancellor, might raise taxes at his first Budget on October 28. Healey declined to speculate on possible tax increases in his first major speech on Monday. However, the Treasury has warned Burnham that higher inflation and a potential oil shock from the Middle East conflict threaten Britain's economy in the final months of this year.