Send a Tweet
Most Popular Choices
Share on Facebook 10 Share on Twitter Printer Friendly Page More Sharing
General News   

London Now Has 95 Billionaires

Quicklink Submitted By
(# of views)   3 comments
Author 512932
Message Al Hirschfield
BEFORE BORIS JOHNSON was counting Brexit votes as Britain’s prime minister, he was boasting about another number as mayor of London. “We have now in London 72 billionaires, which is more than New York,” he said in an interview in 2014. “London is to the billionaire as the jungles of Sumatra are to the orangutan.” Although the city now claims some 95 billionaires, their millionaire cousins may be faring less well. In the past year, Britain lost 27,000 millionaires (measured in dollars) because of the weakening of the pound as a result of uncertainty over Brexit.Elsewhere their numbers are growing. There are now 46.8m dollar millionaires worldwide, according to this year’s “Global wealth report” by the Credit Suisse Research Institute, an increase of 1.1m from mid-2018. 
Billionaire%27s net worth 2000-2015.
Billionaire%27s net worth 2000-2015.
(Image by Wikipedia (commons.wikimedia.org))
  Details   DMCA
Read the rest of the story HERE:

At www.economist.com

 

Rate It | View Ratings

Al Hirschfield Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

US Tax Attorney with a somewhat radical political bent.

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation: