London is capital of world's billionaires


(MENAFN- Khaleej Times) The survey of britain?s super-rich compiled for the sunday times is likely to prompt debate in a country where many still struggle financially and where food banks are a fact of life.

london is home to 72 of britain’s 104 billionaires. — afp

london has more billionaires than any other city in the world and britain has more billionaires per head of population than any other country new data showed on saturday.

the survey of britain’s super-rich compiled for the sunday times is likely to prompt debate in a country where many still struggle financially and where food banks are a fact of life despite economic growth recently returning to levels not seen since the 2008 financial crash.

london is home to 72 of britain’s 104 sterling billionaires well ahead of moscow in second place with 48 people worth the equivalent of £1 billion or more. new york is in third place with 43 billionaires san francisco in fourth place with 42 los angeles next with 38 and hong kong in sixth place with 34.

indian-born brothers sri and gopi hinduja top the british list with a fortune of £11.9 billion amassed through the family-owned hinduja group which has interests in oil banking the automotive industry property and the media.

the pair nudged last year’s top of the billionaire list alisher usmanov to second place. the uzbekistan-born russian’s fortune has been hit by the fall in value of the rouble and russian stock prices due to the ukraine crisis.

uk's top 25 billionaires:

1. sri and gopi hinduja £11.9bn up £1.3bn

2. alisher usmanov £10.65bn down £2.65bn

3. lakshmi mittal and family £10.25bn up £250m

4. len blavatnik £10bn down £1bn

5. ernesto and kirsty bertarelli £9.75bn up £2.35bn

6. john fredriksen and family £9.25bn up £450m

7. david and simon reuben £9bn up £719m

8. kirsten and jorn rausing £8.8bn up £3.69bn

9. roman abramovich £8.52bn down £780m

10. the duke of westminster £8.5bn up £700m

11. galen hilary and george weston and family £7.3bn up £650m

12. charlene de carvalho-heineken and michel de carvalho £6.36bn down £635m

13. mohamed bin issa al jaber and family £6.16bn up £1.65bn

14. carrie and francois perrodo and family £6.14bn new

15. german khan £6.08bn new

16. sir david and sir frederick barclay £6bn up £3.65bn

17. hans rausing and family £5.9bn up £1.18bn

18. nicky oppenheimer and family £4.57bn up £785m

19. earl cadogan and family £4.2bn up £525m

20. joseph lau and family £4.03bn down £570m

21. sir philip and lady green £3.88bn no change

22. denis o'brien £3.85bn up £486m

23. mike ashley £3.75bn up £1.45bn

24. sir richard branson and family £3.6bn up £86m

25. idan ofer £3.43bn new

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