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(Slate)   What city in the world has the most Billionaires? Congratulations London   (slate.com) divider line 66
    More: Interesting, British capital, city  
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1738 clicks; posted to Main » on 12 May 2014 at 12:43 PM (24 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-05-12 10:10:16 AM  
img.fark.net
 
2014-05-12 10:35:26 AM  
New York, CA, and London?  Must just be pit stops on their way to some place without all of success punishing taxes.
 
2014-05-12 11:15:38 AM  
If I was a billionaire I'd want to live somewhere where the citizens weren't allowed to own guns.
 
2014-05-12 11:55:58 AM  
Righto, be a jolly good chap and quit pinching our bomb, you boracic chavs.
 
2014-05-12 12:45:16 PM  
Do they count the King and Queen among London's billionaires?
 
2014-05-12 12:48:13 PM  
The sad part is that even a billionaire can only afford a small flat in Peckham rather than a grand town house in Mayfair like they used to get. In all sincerity, they may actually be the source of the ridiculous house prices in London rather than the silly notion that they're victims of it.
 
2014-05-12 12:49:51 PM  
Who greenlights the boringest articles with equally boring headlines? Congratulations Fark
 
2014-05-12 12:50:03 PM  
Yeah, The City did well with that 10 year oil war in Iraq. Good show!
 
2014-05-12 12:51:16 PM  
Note that's pound billionaires, not dollar billionaires. Can't wait to see the list of Vietnamese dong billionaires!

/no, it's not what you think it is
 
2014-05-12 12:51:47 PM  

menschenfresser: The sad part is that even a billionaire can only afford a small flat in Peckham rather than a grand town house in Mayfair like they used to get. In all sincerity, they may actually be the source of the ridiculous house prices in London rather than the silly notion that they're victims of it.


The number of homeless billionaires in London is shocking. The poor things
 
2014-05-12 12:51:58 PM  

jaylectricity: If I was a billionaire I'd want to live somewhere where the citizens weren't allowed to own guns.


But would you pick Knifecrime Island?
 
2014-05-12 12:52:17 PM  
U..S..A! U..S..A! U..S..A! ...Oh, wait.
 
2014-05-12 12:52:39 PM  
48 in Moscow, and they all own a piece of Putin.
 
2014-05-12 12:52:44 PM  
I'd have figured it's be some little country with an unstable economy and runaway inflation.  Those places you need a billion of their currency units just to buy a loaf of bread...
 
2014-05-12 12:53:12 PM  
It is my understanding that many of London's wealthy residents are Russian expats who have fallen afoul of Putin's regime.
 
2014-05-12 12:54:41 PM  

gweilo8888: Note that's pound billionaires, not dollar billionaires. Can't wait to see the list of Vietnamese dong billionaires!

/no, it's not what you think it is


But if it was it sure would put Medusa to shame.
 
2014-05-12 12:55:06 PM  

cgraves67: It is my understanding that many of London's wealthy residents are Russian expats who have fallen afoul of Putin's regime.


Lots from the Middle East too. Sheik Astick, and such
 
2014-05-12 12:55:39 PM  

jaylectricity: If I was a billionaire I'd want to live somewhere where the citizens weren't allowed to own guns.


I'd prefer my security team to have the , but that's just me.
 
2014-05-12 12:56:38 PM  

uncleacid: 48 in Moscow, and they all own a piece of Putin.


Or vice versa. Which raises an interesting question? Is Putin using the Crimea to slap down Russian Bluto-crats who have gotten too big for their britches? If so, send that man a can of spinach--restaurant size. Thought he reminded me of somebody. Actually, it's Sweet Pea, but in a pinch Popeye will do.
 
2014-05-12 12:56:50 PM  

lindalouwho: gweilo8888: Note that's pound billionaires, not dollar billionaires. Can't wait to see the list of Vietnamese dong billionaires!

/no, it's not what you think it is

But if it was it sure would put Medusa to shame.


dickheads lol
 
2014-05-12 12:58:35 PM  

bdub77:


This thread. She is over in one.


but srsly, as a resident of said fair city, born and bred, the billionaire contingent lives in the Ken-Chelsea/Belgravia ghetto, and decent hardworking people, knowing, need not trouble themselves associating with them. For as the sage Elvis Costello wisely puts it, I Don't Want To Go To Chelsea.
 
2014-05-12 12:59:58 PM  
But.. but.. butt.. London is heavily taxed, and filled with welfare queens and immigrant moochers.  I was told that if the US were even to raise taxes on the rich a little, they'd all relocate to a more tax friendly country?  Is the UK holding these people at Gunpoint?
 
2014-05-12 01:00:01 PM  

cgraves67: It is my understanding that many of London's wealthy residents are Russian expats who have fallen afoul of Putin's regime.


They will be the reason Putin requires the devolution of the United Kingdom and annexes England.
 
2014-05-12 01:01:59 PM  
San Francisco has 42 billionaires? Do they commute from Nob Hill to work in Silicon Valley?

Do something that business people think they need but don"t quite understand and the world is your Oyster. Too bad that oysters are the world"s sewage clean-up department.

I knew a marine scientist who said that marine scientists NEVER touch oysters. Unless it is cooked, I'd sooner eat Chinese river eel myself.

They're very tasty smoked and wrapped in bacon though. Then again, so are sweet potatoes. I'm told that billionaires are very tasty. Sweeter than pork but not as sweet as stewed venison.
 
2014-05-12 01:02:12 PM  
I'm reading the book "Prince Eddy and the Homosexual Underworld". It's about the eldest son of Edward VII.

I'm not knocking homosexuality in the least. And I'm sure there a plenty of decent billionaires in London--Richard Branson new money types. But I hope the aristocracy and its old money stays right there in London where its filth can be swept out to sea regularly.

Jeebus. It's frightening what inbreeding and cash can create
 
2014-05-12 01:06:19 PM  

brantgoose: San Francisco has 42 billionaires? Do they commute from Nob Hill to work in Silicon Valley?

Do something that business people think they need but don"t quite understand and the world is your Oyster. Too bad that oysters are the world"s sewage clean-up department.

I knew a marine scientist who said that marine scientists NEVER touch oysters. Unless it is cooked, I'd sooner eat Chinese river eel myself.

They're very tasty smoked and wrapped in bacon though. Then again, so are sweet potatoes. I'm told that billionaires are very tasty. Sweeter than pork but not as sweet as stewed venison.


Careful, you're getting close to Meowsaidthedog territory.
 
2014-05-12 01:11:27 PM  

brantgoose: San Francisco has 42 billionaires? Do they commute from Nob Hill to work in Silicon Valley?

Do something that business people think they need but don"t quite understand and the world is your Oyster. Too bad that oysters are the world"s sewage clean-up department.

I knew a marine scientist who said that marine scientists NEVER touch oysters. Unless it is cooked, I'd sooner eat Chinese river eel myself.

They're very tasty smoked and wrapped in bacon though. Then again, so are sweet potatoes. I'm told that billionaires are very tasty. Sweeter than pork but not as sweet as stewed venison.


o_O

/as fine a set up as I've ever seen
 
2014-05-12 01:18:10 PM  

TheShavingofOccam123: I'm sure there a plenty of decent billionaires in London--Richard Branson new money types. But I hope the aristocracy and its old money stays right there in London where its filth can be swept out to sea regularly.


Given the choice between the Duke of Westminster, whose somewhat ill-gotten gains originate through generations of super-prime property ownership, and Roman Abramovitch, whose allegedly exceedingly ill-gotten gains may or may not originate from murdering countless rivals in Russia's 'Aluminium Wars', I think I speak for most Londoners when I say we're more happy with old money, TYVM.

Cosmic_Music: I Don't Want To Go To Chelsea.


I've lived where honest working people reside in London (SEsomething (honest working software designers and accountants, admittedly)). Didn't like it. Ws and SWs are much to be preferred, IMHO.

Billionaires are not much in evidence on Friday night in the Chelsea Potter, but it's very easy to get into the knickers of the Battersea dwelling daughters of the merely rich who drink there. Or so I've heard...
 
2014-05-12 01:21:56 PM  

Angela Lansbury's Merkin: But.. but.. butt.. London is heavily taxed, and filled with welfare queens and immigrant moochers.  I was told that if the US were even to raise taxes on the rich a little, they'd all relocate to a more tax friendly country?  Is the UK holding these people at Gunpoint?


They didn't make those billions there, they just moved there because it is a hub with a lot escape options.
 
2014-05-12 01:22:22 PM  

Because People in power are Stupid: Righto, be a jolly good chap and quit pinching our bomb, you boracic chavs.


Boracic led to skint led to penniless.

Don't mind me. American, learning The Other English.
 
2014-05-12 01:23:56 PM  

FarkinNortherner: TheShavingofOccam123: I'm sure there a plenty of decent billionaires in London--Richard Branson new money types. But I hope the aristocracy and its old money stays right there in London where its filth can be swept out to sea regularly.

Given the choice between the Duke of Westminster, whose somewhat ill-gotten gains originate through generations of super-prime property ownership, and Roman Abramovitch, whose allegedly exceedingly ill-gotten gains may or may not originate from murdering countless rivals in Russia's 'Aluminium Wars', I think I speak for most Londoners when I say we're more happy with old money, TYVM.


There's nothing more nasty than a felon who was hardened by the Soviet and post-Soviet corruption.  Up until the rise of MS-13 in this country, the Russian Mafia was the worst bunch of killers in US organized crime.

But there is "decent" new money and "oh jeebus, runaway" new money. The problem is telling them apart before the bad ones snatch your balls off.
 
2014-05-12 01:25:53 PM  

THE EMPIRE NEVER ENDED

 
2014-05-12 01:30:23 PM  

stonelotus: THE EMPIRE NEVER ENDED


Do you live in England?

Or are you Putin? Can't tell.
 
2014-05-12 01:33:15 PM  
Have they learned NOTHING from  A Christmas Carol???
 
2014-05-12 01:35:59 PM  
I wonder how many of them are actually Britons?

I know most of London's uber rich are either Russian Oilgarchs, Arab sheiks or Indian steel magnates.
 
2014-05-12 01:41:26 PM  

Angela Lansbury's Merkin: But.. but.. butt.. London is heavily taxed, and filled with welfare queens and immigrant moochers.  I was told that if the US were even to raise taxes on the rich a little, they'd all relocate to a more tax friendly country?  Is the UK holding these people at Gunpoint?


London is a tax haven for much of Europe and may other places.
When the French tried jacking their taxes up a couple of years ago, a lot of super rich moved there.
In fact the article mentions that only 1/3 of the billionaires originate from the UK.

Additionally there is that whole "City of London Cooperation" thing they got going on there.
The city within a city where gold unapologetically makes all the rules.
 
2014-05-12 01:42:39 PM  

Angela Lansbury's Merkin: But.. but.. butt.. London is heavily taxed, and filled with welfare queens and immigrant moochers.  I was told that if the US were even to raise taxes on the rich a little, they'd all relocate to a more tax friendly country?  Is the UK holding these people at Gunpoint?


When you're a billionaire, you don't have to have "income." Taxing income puts the pinch on doctors and lawyers. They actually live off of paychecks and buy houses and things. If they stop working, their accounts wane. But billionaires fly around in corporate assets, live in expensed hotel rooms much of the time, and take their five-week paid vacations at corporate-owned condos. One person can only eat so much caviar, and when he does it's usually a business expense. So the plastic surgeon making $400,000 pays the same amount of income tax as the billionaire who owns shares in a company that broke even this year because of capital investments that included, for example, a flat in London.

Is this coming through?
 
2014-05-12 01:43:24 PM  

MagicianNamedGob: Have they learned NOTHING from  A Christmas Carol???


lh4.googleusercontent.com
 
2014-05-12 01:51:25 PM  

lindalouwho: brantgoose: San Francisco has 42 billionaires? Do they commute from Nob Hill to work in Silicon Valley?

Do something that business people think they need but don"t quite understand and the world is your Oyster. Too bad that oysters are the world"s sewage clean-up department.

I knew a marine scientist who said that marine scientists NEVER touch oysters. Unless it is cooked, I'd sooner eat Chinese river eel myself.

They're very tasty smoked and wrapped in bacon though. Then again, so are sweet potatoes. I'm told that billionaires are very tasty. Sweeter than pork but not as sweet as stewed venison.

o_O

/as fine a set up as I've ever seen


The Popeye rant had me making that exact face
 
2014-05-12 01:53:10 PM  

SuperNinjaToad: I wonder how many of them are actually Britons?


7,10,11,14,16,18,19,21,22,23, and 24, of the top 25, are British either by birth or naturalisation. 1-4 do all fit the London rich stereotype, three Indian industrialists (the list allows for family wealth) and two Russian legitimate biznizmen. Mohamed Bin Issa Al Jaber, who did not play the co-pilot in Airplane, is the only Arab.
 
2014-05-12 01:57:38 PM  
Actually, what's really happening in London is that they are digging down, and under, as they can't get any other real estate.  So, what some may call London, others may refer to as a suburb of Hell.
 
2014-05-12 02:01:35 PM  

Omnivorous: Do they count the King and Queen among London's billionaires?


King of the who?
 
2014-05-12 02:12:39 PM  

MagicianNamedGob: Have they learned NOTHING from  A Christmas Carol???


omg so funny
 
2014-05-12 02:14:25 PM  

tarheel07: Omnivorous: Do they count the King and Queen among London's billionaires?

King of the who?


The Whos in Whoville, of course!

/couldn't resist
 
2014-05-12 02:27:34 PM  
content8.flixster.com
 
2014-05-12 02:28:26 PM  

hammettman: Actually, what's really happening in London is that they are digging down, and under, as they can't get any other real estate.  So, what some may call London, others may refer to as a suburb of Hell.


I've seen what happens when they dig under London.  Good luck, farkers, money is flammable.

/being poor will save me from the dragons
 
2014-05-12 02:33:24 PM  
Plus, while US citizens have to pay taxes on worldwide income and register all accounts greater than 10k with the IRS, the UK does not and you can be considered a non domicile resident for tax purposes.
 
2014-05-12 02:34:10 PM  

Cormee: cgraves67: It is my understanding that many of London's wealthy residents are Russian expats who have fallen afoul of Putin's regime.

Lots from the Middle East too. Sheik Astick, and such



And Sheik Yerbouti
 
2014-05-12 02:52:33 PM  
Evelyn Rothschild's home city!~
 
2014-05-12 03:21:22 PM  

SuperNinjaToad: I wonder how many of them are actually Britons?

I know most of London's uber rich are either Russian Oilgarchs, Arab sheiks or Indian steel magnates.


farking magnates.

upload.wikimedia.org

How do they work?
 
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