London Has the Most Billionaires

    Sir Richard Branson poses at the 2012 MusiCares Person of the Year tribute honoring Paul McCartney in Los Angeles, February 10, 2012. REUTERS/Danny Moloshok (UNITED STATES - Tags: ENTERTAINMENT) - RTR2XMZM

    Danny Moloshok/Reuters

    Money may not grow on trees, but it comes pretty close to it in London. According to The Sunday Times' annual rich list, London has more billionaires than any other city. The Sunday Times measured wealth in pounds, so to qualify as a billionaire, individuals had to have $1.68 billion. Under this cut-off, 72 billionaires live in London, and the United Kingdom has more billionaires per head of population than any other country. Moscow had the second most billionaires for a city with 48. It was followed closely by New York and San Francisco, which had 43 and 42, respectively.

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