Global super-rich has $21tn hidden in secret tax havens

There may be as much as $32 trillion of hidden financial assets held offshore by high net worth individuals (HNWls), according to our report The Price of Offshore Revisited, which is thought to be the most detailed and rigorous study ever made of financial assets held in offshore financial centres and secrecy structures.

We consider these numbers to be conservative. This is only financial wealth and excludes a welter of real estate, yachts and other non-financial assets owned via offshore structures.