Why Are Billionaires Investing in Second Passports?

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By Lindsay Rogers Some people, as a sort of birthright, are eligible for more than one passport, which in turn grants them various (and sometimes, a more abundant array of) freedoms while traveling. For example, the least powerful passport per the Henley Passport Index allows holders to travel to just 26 other countries without a visa. The most powerful passport, by contrast, allows holders to travel to 192. To that end, it’s easy to see what the appeal in having multiple passports would be. But now there’s another reason people are after second passports, and it’s not a matter of birthright a…

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