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Capital without Borders

Wealth Managers and the One Percent
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( 511 ratings, 85 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Capital without Borders by Brooke Harrington delves into the secretive world of wealth management, exploring how the super-rich preserve their fortunes across borders. Drawing on extensive interviews and fieldwork with financial insiders, the book illuminates the strategies used by wealth managers, highlighting the societal and political implications of their work. It offers a fascinating insight into the global nature of finance and wealth protection.
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Format: Paperback / softback
$4499
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you are interested in understanding the secretive world of wealth management and how the ultra-rich protect and grow their fortunes. This engaging read delves into the intricacies of global finance, offering insights into the strategies used by wealth managers to navigate laws and economies across the globe.

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Capital without Borders

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

"A timely account of how the 1% holds on to their wealth ought to keep wealth managers awake at night."
-Wall Street Journal

"Harrington advises governments seeking to address inequality to focus not only on the rich but also on the professionals who help them game the system."
-Richard Cooper, Foreign Affairs

"An insight unlike any other into how wealth management works."
-Felix Martin, New Statesman

"One of those rare books where you just have to stand back in awe and wonder at the author's achievement. Harrington offers profound insights into the world of the professional people who dedicate their lives to meeting the perceived needs of the world's ultra-wealthy."
-Times Higher Education

How do the ultra-rich keep getting richer, despite taxes on income, capital gains, property, and inheritance? Capital without Borders tackles this tantalizing question through a groundbreaking multi-year investigation of the men and women who specialise in protecting the fortunes of the world's richest people. Brooke Harrington followed the money to the eighteen most popular tax havens in the world, interviewing wealth managers to understand how they help their high-net-worth clients dodge taxes, creditors, and disgruntled heirsβ€”all while staying just within the letter of the law. She even trained to become a wealth manager herself in her quest to penetrate the fascinating, shadowy world of the guardians of the one percent.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Brooke Harrington's Capital without Borders is a groundbreaking examination of the wealth management industry, drawing attention to the professionals who help the wealthy maintain and grow their fortunes, often in legal and ethical grey areas. With an innovative approach involving undercover research, Harrington provides a detailed look at the role wealth managers play in perpetuating global inequality and bypassing regulations, proving invaluable for discussions on economic disparity. The book is praised for its unique insights and timely exploration, making it essential reading for those interested in understanding the deeper mechanisms of wealth and power in contemporary society.

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Book Details

INFORMATION

ISBN: 9780674244771

Publisher: Harvard University Press

Format: Paperback / softback

Date Published: 14 July 2020

Country: United States

Imprint: Harvard University Press

Illustration: 1 Maps

Audience: Professional and scholarly

DIMENSIONS

Spine width: 25.0mm

Width: 140.0mm

Height: 210.0mm

Weight: 352g

Pages: 400

About the Author

Brooke Harrington is Professor of Sociology at Dartmouth College.

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