UK’s third-largest taxpayer Chris Rokos to relocate to Greece

One of the United Kingdom’s wealthiest individuals, hedge-fund billionaire Chris Rokos, is set to relocate to Greece, according to reports. The University of Cambridge scholar plans to establish an office in Athens, leveraging Greece’s favorable fiscal policies for high-net-worth foreigners.

Rokos, who ranked as the UK’s third-largest taxpayer last year with a contribution of £330 million, has been linked to a historic philanthropic gift to his alma mater. In March, he pledged £190 million to Cambridge University, which would stand as the largest single donation ever made to a British university in modern history. The funds will establish the Chris Rokos School of Government, scheduled to open this autumn.

Despite his recent ties to Cambridge, Rokos is an Oxford graduate who studied mathematics at Pembroke College. He attended a state primary school before earning a scholarship to Eton College.

His decision appears aligned with Greece’s incentive scheme for expatriates, which allows qualifying foreigners to pay a flat annual tax of €100,000 on overseas income. The move was first reported by Bloomberg, though specific reasons for his departure have not been publicly disclosed. Representatives for Rokos declined to comment on the matter.

A government spokesperson emphasized that the UK remains a competitive destination for talent and investment. The spokesperson noted that Chancellor John Healey has prioritized wealth creation, citing the nation’s stable tax system, deep capital markets, and world-class universities.

The potential exit comes just weeks before Healey delivers his first Budget on October 28. During a recent BBC interview, the Chancellor did not rule out future tax increases, noting that rising government borrowing costs are placing pressure on public finances. However, he refused to speculate on specific measures, stating only his intent to balance the books and control spending.