Wednesday 20 August 2014 10:32 am

More billionaires born in London than any other European city

If ever there was a suitable carrot to dangle in a bid to make us work harder, this might just be it.

Wealth consultancy WealthInsight and Spear’s magazine have revealed more billionaires are born in London than any other city in Europe (unless you consider Moscow part of Europe, in which case we’re second).

Globally, New York and the Russian capital rank above us but seemingly 21 of the world’s billionaires were born in London, (22 are from Moscow and 52 were born in the Big Apple).

Within the UK, 40 per cent of all billionaire births took place in London, with the cities of Birmingham, Manchester and Newport in joint second place with just two billionaires each. There’s hope for us all.