Billionaire Wiltshire mansion owner’s exit ‘a huge loss’

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Political debate over wealth and tax in UK has broken out in east Wiltshire after it emerged the owner of a historic manor house would be leaving the country.

As previously reported, hedge fund founder Chris Rokos, billionaire founder of Rokos Capital Management who ranked third in The Sunday Times list of the UK’s top taxpayers in 2026, is moving to Greece as speculation builds over potential tax rises in the autumn budget.

The billionaire is the owner of the historic Tottenham House Estate and is currently financing a £175 million renovation of the building located near Marlborough.

When combined with the £11.3 million purchase price and later acquisitions of buildings and land, the total investment could be more than £200 million.

Rokos is worth an estimated £2.6 billion and paid £330 million in tax last year, according to The Sunday Times’s tax list.

Reports in the national press state it has since emerged Mr Rokos’ project will continue despite his relocation.

Nevertheless, news of the billionaire’s departure has been met with concern from local political groups.

The East Wiltshire Conservative Association (EWCA) said it was “dismayed” by the news.

Jonny Gray, chair of the East Wiltshire Conservative Association. (Image: East Wiltshire Conservative Association)

Jonny Gray, chair of the EWCA, said: “Chris Rokos has not only overseen one of the most ambitious and important restoration projects this country has ever seen – a project that provided hundreds of jobs to local residents and supported many local businesses – but he has also been a very generous local philanthropist, supporting many charities and causes in Wiltshire.

“Reports of his move to Greece are deeply saddening for this area, where he is a popular landlord and has demonstrated a passion for conservation and wildlife protection.

“But sadly, this Labour government is making the UK a deeply inhospitable place for ambitious entrepreneurs to thrive.

"Every day we are seeing our best and brightest citizens choose to leave this country and move to one that supports growth and rewards success.

"Their departure is our loss as the jobs and opportunities they provide to others go with them.

“Only a Conservative government can be trusted to bring back a growth agenda that supports businesses to create jobs.

"EWCA are shortly commencing our parliamentary candidate selection process, and we will ensure that our new candidate will support this agenda and hope that individuals like Mr Rokos will be tempted to return to these shores under a future Conservative government, led by Kemi Badenoch.”

The Association’s comments came at the same time as other local politicians offered their perspectives on the development.

Danny Kruger, Reform UK MP for East Wiltshire, made a “non-political” comment that he was sorry to see Mr Rokos go.

The MP for East Wiltshire, Danny Kruger. Image: Nikki Powell, NK Photography (Image: NK Photography)

Mr Kruger said: “Chris Rokos is not a Reform supporter so there's nothing political about this. I'm really sorry to see him leave the UK – he pays £300m in tax every year, all of which will now go to the Greek government not to ours – and he employs hundreds more high-tax-payers.

“Not to mention his investment in Tottenham House, the jewel of Savernake Forest near Marlborough.”

Responding to the East Wiltshire Conservative Association’s comments, a spokesperson for the Treasury said: “The Chancellor is fully focused on his priorities, to give families and businesses a bit of breathing space, back British jobs, and drive growth in every postcode, underpinned by a commitment to meet the fiscal rules.

“As has always been the case, decisions on tax are a matter for the Chancellor to set out at fiscal events, rather than routinely commenting on rumour, speculation or proposals.”

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