Billionaire Shravin Bharti Mittal leaves Britain, relocates to UAE amid UK’s stringent tax regime

Shravin Bharti Mittal, 37, heir to one of India’s wealthiest families and a key stakeholder in BT Group Plc with a 24.5% share, has left the United Kingdom (UK) and established residency in the United Arab Emirates (UAE). The move comes amid growing discontent among ultra-wealthy individuals over Britain’s increasingly stringent tax regime.