Millennium, Verition Join Rokos With Plans for Greek Outpost

Live updates

1. 5d ago

   Millennium and Verition Join Chris Rokos in Greek Expansion

   Millennium is opening its first office in Greece following an investor charm offensive. This move coincides with the departure of billionaire Chris Rokos from the UK to Greece. Rokos was the UK's third-largest taxpayer, contributing 330m pounds in tax last year. The trend reflects a broader shift of wealthy UK individuals moving to emerging European wealth hubs.

   Why it matters

   The relocation of high-net-worth individuals and major financial firms impacts the UK's tax base. Greece is positioning itself as a competitive alternative for global investors and hedge fund managers.

   What is confirmed

   • Chris Rokos is leaving the UK for Greece.
   • Chris Rokos paid 330m pounds in tax last year.
   • Chris Rokos was the third-biggest taxpayer in the UK.
   • Millennium plans to open an office in Greece.

   What to watch next

   • Announcement of the specific location for the Millennium office
   • Confirmation of Verition's specific operational plans in Greece
   Sources used for this update (5)

   1. The Guardian — Billionaire Chris Rokos, who paid £330m in tax last year, to quit UK
   2. BBC — UK's third-biggest taxpayer to leave for Greece
   3. Bloomberg.com — Millennium Joining Rokos With Plans for First Greek Outpost
   4. Financial Times — Millennium to open office in Greece after investor charm offensive
   5. Bloomberg.com — UK Super Rich Are Being Lured Away by Europe’s New Wealth Hubs
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