Sunday Times Rich List 2015: London has more billionaires than any other city in the world

 
Lynsey Barber
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There are more billionaires in London than any other city in the world, with 80 of them calling the capital home, cementing its status as a playground for the super-rich.

London is home to 80 of the UK's 117 billionaires, who hold a combined wealth of £325bn, accounting for 59 per cent of the entire rich list which ranks the fortunes of the top 1,000 wealthiest people in the UK.

The capital leads the way in attracting the world's super-rich, ahead of New York with the second largest number at 56 and neighbouring Paris with 21, according to the Sunday Times Rich List.

Where do the world's billionaires live?

London  80

New York  56

San Francisco  49

Moscow  45

Hong Kong  43

Los Angeles  40

Beijing  27

Mumbai  27

Paris  21

Sao Paulo  16

Billionaires in the capital include the country's richest man, Warner Music mogul Len Blavatnik, who's wealth grew 31 per cent to £13.17bn.

Business brothers Sri and Gopi Hinduja who last year topped the list were knocked into second place, despite growing their fortune by £1.1bn. Their wealth now stands at £13bn, made from oil, banking, property and media.

Selfridges and Primark owners Galen and George Weston managed to grow their fortune more than any other super-rich Londoner - by £3.7bn - rising from tenth place in the ranking last year to third.

There are 13 more billionaires in the UK than this time last year, with five of those coming to London

Mark Scheinberg was a new entry into the exclusive London billionaires club with a £2.76bn fortune made from creating online gambling sites.

Teddy Sagi, the gaming and software entrepreneur who bought up Camden market also joined with wealth of £2.53bn.

They're also joined by French entrepreneur Philippe Foriel-Destezet (£1.75bn), Norwegian industrialists Trond Mohn and Marit Mohn Westlake (£1.2bn) and Tetra heir Jorn Rausing.

While the UK now has more billionaires per head than any other leading economy - one for every 547,000 Brits - the US still boasts the largest number of billionaires - 384 - followed by China with 158.

The UK super rich out numbers those solely in mainland China however, which has 115 sterling billionaires.

Where do the world's billionaires live?

US  384

China  158

UK  117

India  61

Germany 55

Russia  51

France  43

Switzerland  41

Brazil  28

Canada  21

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