Capital without borders: managing private capital and one percent. Harrington B.

How does one percentage of the world population manage to maintain its wealth? And how do they become richer, despite financial crises and many taxes on income, capital increase and inheritance? “Capital without borders” approaches these issues in a new way and considers the activities of professionals specializing in protecting the states of the richest people in the world-managing private capital. Brooke Harrington devoted eight years to the study of this little -studied group - of which two years to learn the manager herself. Then she “followed money” in eighteen of the most popular tax shelters in the world and interviewed specialists to understand how they help their wealthy clients get away from taxes, creditors and offended heirs, while remaining within the framework of the law.

Capital without borders clearly shows how private capital managers use offshore banks, nominal companies and trusts in order to protect billions in private conditions not only from taxation, but also of any other legal obligations. The book also tells how experts justify their work, despite the facts, indicating that it destroys state power and promotes global inequality.