On July 29, 2025, global mobility firm Multipolitan hosted a virtual event to officially launch its latest Wealth Report 2025: The Taxed Generation. The event featured insights from Nicholas Michael, Group Head of Market Development at Multipolitan, and Chee Okebalama, Executive Partner at Multipolitan, who unpacked the data-rich findings of the report and shared the firm’s perspective on global tax trends and the implications for wealth preservation.
Speaking at the event, Michael underscored the shift in global wealth dynamics.
“A defining challenge for today’s investors is the protection of portfolios. So, going forward, it’s not just about wealth creation anymore; it’s about defending your wealth. You can no longer be asking, ‘How much do you make?’ I think it’s more pertinent now to ask, ‘How much can you actually keep?”
The report, which draws from a decade of data and a multi-metric analysis, focuses on three key questions: Where is capital safest from rising tax pressures? What cities have preserved wealth through the last decade of volatility? What does it take to structure wealth for longevity and legacy?
Based on these questions, the report introduces three proprietary indices: Tax Friendly Cities Index 2025, which evaluates tax environments across 164 jurisdictions; Wealth Preservation Cities Index 2015–2025, highlighting cities that have preserved purchasing power despite economic shocks; Smart & Sustainable Cities Index (SSCI) 2025, which assesses cities based on climate resilience, digital readiness, and political stability.
“Investors, entrepreneurs, and families need governance and stability to provide real safety for their wealth. Predictability and transparency are now the ultimate protection,” Michael noted.
The event also featured discussions on the African context. Speakers noted that first-generation entrepreneurs and wealth holders on the continent are increasingly thinking globally. The report is expected to help African families and entrepreneurs align their strategies with broader global mobility trends, not only for asset protection but also for access to international markets and opportunities.
Okebalama underlined the report’s role in wealth creation for African entrepreneurs.
“The report is a strategy to secure access to international markets, educational opportunities, asset protection, and even lifestyle. Entrepreneurs are more transnational. They seek more global opportunities, and this report gives insight into how wealth is moving.
“The goal is not to move or to relocate, as building Africa is a top priority. But it’s important for us to have options so that it’s easier to play in the global space,” Okebalma said.
The Taxed Generation report frames wealth preservation as a forward-looking challenge, and one that everyone looking to create and protect wealth over the years must be attentive to.
“The next safe haven might not be a bank. It’s going to be a well-governed, tech-enabled, climate-ready city,” Michael noted.
The full report also includes expert commentaries from veteran tax strategists at Ernst & Young, Deloitte, BDO, and other global firms. It serves as a strategic guide for investors navigating an increasingly complex tax and wealth environment.
