ABSTRACT
For the degree of internationalization of the business elite the headquarters are essential because this is where all crucial decisions are made. Particularly in the Anglosphere it becomes obvious that internationality is there limited to people whose mother tongue is also English and who have also grown up in a culturally similar tradition. While it is sobering to look at the internationality of top managers in the world, it is even more so to look at their transnationality. The top managers of British enterprises show the highest degree of internationalization, followed by their German counterparts, who include the highest share of national managers with foreign experience. For German, French, Italian and Swedish billionaires, tax advantages may be supposed to be the reason for moving abroad. This assumption is supported by the fact that almost all the Germans in question live in Switzerland and Austria, and the Swedes exclusively in Great Britain and Switzerland.
