4. Rich people generally like to hang out with other rich people. London has more billionaires than Moscow and New York.
It’s a fact. An indisputable fact. Rich people like spending time with other rich people. London is the perfect place to do that, because it turns out there are 80 billionaires in London and that’s more than any other city in the world.
There are 56 in New York and 45 in Moscow, so old London Town actually beats them by quite a bit. In other words, that’s a whole 59% of the Sunday Times Rich List, with a combined fortune of £325bn.
No wonder house prices are unbearable.