Both China and the UK are experiencing unprecedented departures of millionaires, with thousands expected to leave in 2024. The Henley Private Wealth Migration Report reveals China will lose 15,200 millionaires, while the UK is projected to see 9,500 millionaires depart. This trend is driven by a complex interplay of economic concerns, geopolitical tensions, and policy changes in both countries, prompting wealthy individuals to seek safer and more lucrative havens.