(x1)  | By: Ernest | 458 Views | 0 Replies

You can tell us once that with money all things were not possible but we can reply back and tell you right now that with money all things are answerable. Why do people get up every morning during the early hours of work, preparing to commute to work? It is because of money, nothing else, just money. That is why we love to see those who have made it so well so we can also dream of becoming like them. Today, whether you agree or not, making money is on the top of every body’s to-do list. While there are places in the world where seeing a dollar is like a gift from Father Christmas, there are those cities that are so full of billionaires the whole place smells of new bank notes. Below are the top five cities with the most billionaires.

New York

New York

For many years, Moscow had been the city with the most billionaires then suddenly New Your sneaks in to first place. There are a whopping 103 billionaires living in the finance city of the world. The reason for this jump may be that renewed interest in financial investments has drawn the big financiers to the world’s finance capital. Most if not all of these billionaires have a stake in the finance industry so it only makes sense that they should be drawn to New York. Also, the city has a lot of other extra business activities that these multi millionaires love to indulge in.

Moscow

Moscow

To some people, it is surprising that a country that was supposed to have ended up with many broke people after 1990, ended up with the highest number of billionaires in so short a time. Moscow had consistently stayed the city with the most number of millionaires until recently when it was overtaken by New York. Most of these billionaires made their wealth during post communist Russia.

Hong Kong

Hong Kong

Hong Kong could be considered the New York of Asia with all the big financial houses located there. It therefore cones as no surprise that most of the billionaires on the list built their wealth in finance or finance related activities. Hong Kong has a total of 72 billionaires

London

London

London is presently the city with the most number of millionaires. According to studies, there are many people who own property that could amount to a million or more. It is easy to understand why London has become home to many billionaires. Apart from many investment opportunities for those seeking new ventures, it is also a city that has a lot of activities for after office hours. In London, Royalty meets celebrity in all aspects of life. Each year billionaires move to take up home in London. London has a total of 72 billionaires

Beijing

Beijing

Beijing is now home to 37 billionaires most of whom are self made. The country has benefited from increase economic growth mainly due to a high demand for Chinese products. Many individuals have been able to take advantage of this growth and make a lot of money in the process. The number of billionaires is expected to rise in the years to come.

 

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