The biggest data leak in history, detailing the activities of 200,000+ offshore companies, charts an escalating transfer of wealth by the offshore system from the poorest to the richest nations. Money that funds superyachts, private jets, fine art auctions, and property causes unseen damage to the economy of vibrant cities by making them unaffordable to ordinary people. Cash is also injected into London hedge funds and Wall Street trading rooms, funding high-stake investments and big bonuses. The data reveal a huge breadth of unseen activity that provides advantages only to the wealthy; such as Russian banks’ slush funds for President Putin’s inner circle, assets belonging to twelve country leaders, and companies connected to more than 140 senior politicians and their friends and relatives. All this is claimed to be subject to sanctions for supporting regimes in North Korea, Syria, Russia and Zimbabwe and the proceeds of crimes. See also this week’s article in British Isles section.