LONDON — A new study of the super-rich finds that London has become the capital of the world’s wealthiest, with more billionaires than any other city.
The Sunday Times, which published the list, says London has 72 residents whose fortunes exceed 1 billion pounds, or $1.6 billion. That’s ahead of Moscow at 48, New York at 43, San Francisco at 42, Los Angeles at 38 and Hong Kong at 34.
The newspaper reports that Britain also has more billionaires per head than any other country, with one billionaire for every 607,000 Britons versus one for every 1 million or so Americans.
The newspaper has long published an annual list of Britain’s richest people, but this was the first time it compared the country’s overall standing with that of other countries.
Indian-born brothers Srichand and Gopichand Hinduja top the British list, with an 11.9-billion pound fortune. The two run the Hinduja Group, a global conglomerate. The brothers replace last year’s richest man, Alisher Usmanov, who has seen his fortune drop by 2.65 billion pounds to 10.65 billion — largely because of the decline of the ruble.
