What the super-rich are doing with their money

Francis Claessens created a club for the extremely wealthy. Here, he explains how multi-millionaires have been protecting their money, and reveals that they have just the same problems as the rest of us – but on a much grander scale.

Francis Claessens is a Dutch multi-millionaire. He is one of the many super rich who emigrated to London over the last 15 years. As he sips on his white wine in his (rented) Mayfair flat, he has the relaxed, elegant and confident demeanour of a man several steps ahead of the game.

Earlier this year he set up a network for high net worth individuals- a wealth peer group - called Peers. To give you an idea of the financial clout of its members, to join you must have a minimum of £5m of investable assets- not net worth, investable assets - while Group 2 starts at £25m and Group 3 at £50m. That is, by no means, small fry.

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Dominic Frisby

Dominic Frisby (“mercurially witty” – the Spectator) is as far as we know the world’s only financial writer and comedian. He is the author of the popular newsletter the Flying Frisby and is MoneyWeek’s main commentator on gold, commodities, currencies and cryptocurrencies. He has also taken several of his shows to the Edinburgh Festival Fringe.

His books are Daylight Robbery - How Tax Changed our Past and Will Shape our Future; Bitcoin: the Future of Money? and Life After the State - Why We Don't Need Government

Dominic was educated at St Paul's School, Manchester University and the Webber-Douglas Academy Of Dramatic Art. You can follow him on X @dominicfrisby