Top Ten Cities With greatest Number of Billionaires

1, Moscow, Russia Number of billionaires: 74 Common quantity of wealth: $5.9 billion When the 2 metropolis London and New York are nonetheless scrambling for the crown of largest quantity of billionaires, Moscow has sat quietly within the prime spot. Certainly, the quantity of billionaires in Moscow extremely jumped to the primary on the earth, whereas in 2002 solely 5 billionaires ranked on the record. This alteration must be attributed to the event of the business within the space of oil, iron and metal. Moscow now has 74 billionaires, however in contrast with different cities, the worth of commodities in Moscow is certainly very low cost.

2, New York, America Number of billionaires: 71 Common quantity of wealth: $3.Three billion New York has been on the highest of the record of billionaires for a decade, however dropped to the second place in 2007. Nevertheless, many of the 71 billionaires within the metropolis are well-known folks such because the media large Robert Murdoch and the true property large Donald Trump. And even the mayor of town can also be a billionaire.

3, London, England Number of billionaires: 36 Common quantity of wealth: $4.1 billion Benefited from the sturdy pound, London is full of billionaires, together with the aviation and media large Richard Branson, low cost clothes service provider Philip Inexperienced and the richest man in Europe Lakshmi Mittal Baron.

4, Istanbul, Turkey Number of billionaires: 34 Common quantity of wealth: $1.7 billion The placement as a coastal metropolis allows Istanbul to be a resort of vacationers and the wealthy. The 35 billionaires of Turkey practically all come from Istanbul. Although the methods to amass wealth of billionaires are quite a few, from cellphones to banking business, they will benefit from the consolation and ease introduced by their wealth with out spending an excessive amount of cash. It solely prices $5,000 to lease an condo within the busy part of town, and you’ll rent a maid and a nanny solely with $50 day by day. As a everlasting resident you’ll get pleasure from loads of advantages. Nevertheless, it might price extra for overseas vacationers in travelling. For instance, should you keep within the well-known Zillah Palace Kempinski Resort in Turkey for 2 nights, it’s important to pay $10,000.

5, Hong Kong, China Number of billionaires: 30 Common quantity of wealth: $5.zero billion Hong Kong is an Asian metropolis with the most important quantity of billionaires. And the choice of exemption from capital beneficial properties tax makes it a affluent industrial middle and the wealthy have additionally benefited from it. The richest man Li Ka-shing of HongKong is the chairman of the Board of Asian telecom large Hutchison Whampoa, whose private wealth reaches $26.5 billion, and his son Richard Li tried arduous to get out of the sunshine of his father. Now he’s changing into financially important in the true property and in 2006 he bought a bit of land with a excessive value of $1.7 billion, hitting a file of the most costly land.

6, San Francisco, America Number of billionaires: 19 Common quantity of wealth: 3.1 billion Though the Web bubble burst a number of years in the past, this northern metropolis in California nonetheless tenaciously retains some well-known IT tycoons, together with Google founder Larry Web page (he and one other founder Sergi Brin collectively develop into the richest males within the Gulf area), PayPal founder and early Fb investor Peter Thiel, Dolby Laboratories chief and audio large Ray Dolby. Apart from, there are a number of IT chiefs, reminiscent of Web enterprise grasp John Doerr, Fb founder Mark Zuckerberg who at the moment are nonetheless energetic within the Silicon Valley.

7, Mumbai, India Number of billionaires: 20 Common quantity of wealth: $7.6 billion Because the industrial and cultural middle of India, Mumbai has 20 billionaires with the common wealth of 7.6 billion, and this determine is greater than that $5.9 billion in Moscow. Although the richest man Lakshmi Mittal of India moved to London, there are two different rich who’re everlasting in Mumbai, and they’re Mukesh and Anil Ambani. It’s value mentioning that Mukesh made his wealth in March attain $43 billion. To be able to let the entire world know he’s wealthy, Mukesh is constructing a 27 storey personal residence, which allegedly prices 20 billion {dollars}.

8, Los Angeles, America Number of billionaires: 24 Common quantity of wealth: $three billion Los Angeles is the portrait of vainness and magic, the billionaires are mainly one thing to do with the leisure business, from Oscar-winning director Steven Spielberg to Viacom CEO Sumner Redstone. However not too long ago the richest man in California, Kirk Kerkorian is an exception who invests in GM, Chrysler, Ford, and even the resort business is concerned, however the funding in MGM accounts for many of his wealth.

9, Dallas, America Number of billionaires: 15 Common quantity of wealth: $2.6 billion On this southern U.S. metropolis there are a number of oil giants, reminiscent of T. Boone Pickens and Ray Lee Hunt. Billionaires of town additionally come from all walks of life. Mark Cuban, the proprietor of Dallas Mavericks isn’t solely identified for his technical background, however the staff administration is famend at house and overseas. H. Ross Perot, the candidate of the U.S. president in 1992, additionally accrued wealth with the assistance of the info supplier Perot Methods Company. World-class cooks Tom Colicchio and Nobu Matsuhisa are additionally right here.

10, Tokyo, Japan Number of billionaires: 15 Common quantity of wealth: $2.Eight billion In 1987, Japanese actual property tycoon Yoshiaki Tsutsumi was as soon as among the many prime of the Wealthy Listing with $200 billion of wealth. In 2002, Tokyo ranked the third among the many cites with the most important quantity of billionaires. However lately as financial system of Japan declined, the wealth of Japan can also be vastly diminished, and this 12 months Japan solely ranks the underside of the richest metropolis record. These tycoons embrace Softbank Masayoshi Son, beverage large Nobutada Saji, and so forth.

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