Most Powerful City in the World? (lower-class, houses, buying)

[Fabio SBA]

Originally Posted by Daywalk

New York City
London
Hong Kong
Paris
Singapore
Shanghai
Tokyo
Beijing
Sydney
Dubai

Top 10 ^

Sydney, amongst the top 10?
It's definitively one of the best cities for living in the world, but it doesn't imply necessarily in global power.

[duke of windsor]

Originally Posted by Standard111

I think NYC is a much better place to live than to visit. Everything is cheap except where you live, getting around is super-easy, salaries are high and jobs are plentiful, and it's probably harder to get bored than just about anywhere.

NYC also has super-long lifespans and is much healthier than the rest of the U.S. Oldest man in the world lives in NYC. Probably all that walking and the activity keeping people on their toes.

That poster is clearly a troll...don't know why anyone is bothering with a reply.

IMO

London and New York (tied)
Hong Kong
Paris
Beijing
Tokyo

[Gatsby.]

The Atlantic covered this and averaged out every relevant ranking of cities and the winner is New York. Of course.





And New York City has the most rich people.

$30MM+ in assets (UHNWI) and billionaires.

[MissionIMPOSSIBRU]

Originally Posted by duke of windsor

That poster is clearly a troll...don't know why anyone is bothering with a reply.

Every fortnight or so in the New York forum you come across long threads full of posts just like this from frustrated long-term residents.

Complaints generally polarise into two groups: Those complaining about gentrification, hipsterisation and cost of living, and those complaining about the filth, 'ghetto people', dilapidation, noise and smell. Then, seasonally, you have people complaining about the biting cold or horribly humid summers.

Impression: New Yorkers like to complain. Or maybe they may have some genuine issues to complain about.

[Hightower72]

Back so soon with a new account EU90? Do you mind actually providing working links for your references this time? Or at the very least tell us which year these tables are from.

Originally Posted by Gatsby.

The Atlantic covered this and averaged out every relevant ranking of cities and the winner is New York. Of course.

And New York City has the most rich people.

$30MM+ in assets (UHNWI) and billionaires.

[Bamford]

In terms of the Forbes List, it's laughable, it has at Number One, the Number Ninth in the Sunday Times List.

Why is the Forbes/UBS list different, basically because it's a joke, with most of the best known and famous Billionaires residing in London such as Roman Abramovich owner of Chelsea Football Club and Alisher Usmano who has a major share in Arsenal football club and who also resides in London are left off the list entirely, as are Lakshmi Mittal and family who live on Kensington Palace Garden in London.

Furthermore London and indeed the UK would further it's lead of billionaires if people such as members of the Saudi Royal Family including Princess Al Jawhara bint Ibrahim Al Ibrahim, widow of Saudi Arabia's late King Fah were included or the Aga Khan, Sultan of Brunei, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Sheikh Mohammed, the Jordanian Royals, the Qatar Royals, even the Nigerian Royals etc were all included, many of whom reside in London and the UK, and indeed own major horse racing stables in places such as Newmarket and lots of real estate in the UK. They are still Billionaires, they are just not counted in rich lists such as Forbes or indeed The Sunday Times.

Forbes List UK (Top 27)

Forbes List: the UK

1. Gerald Cavendish Grosvenor (The Duke of Westminster) and family - £6.954bn

2. David and Simon Reuben - £6.405bn

3. Hinduja Brothers - £5.063bn

4. Charles Cadogan and family - £3.355bn

5. Philip Green and family - £3.050bn

6. Richard Branson - £2.806bn

7. James Dyson - £2.684bn

8. Laurence Graff - £2.684bn

9. Anthony Bamford - £2.562 bn

10. Joe Lewis - £2.562bn

11. Bruno Schroder - £2.501bn

12. Bernard Ecclestone and family - £2.135bn

13. Mike Ashley - £2.074bn

14. Ian and Richard Livingstone - £1.952bn

15. David and Frederick Barclay - £1.830bn

16. Eddie and Sol Zakay - £1.708bn

17. Farhad Moshiri - £1.586bn

18. John Caudwell - £1.525bn

19. John Whittaker - £1.464bn

20. Clive Calder - £1.403bn

21. Peter Hargreaves - £1.342bn

22. Nadhmi Auchi - £1.281bn

23. Alex Beard - £1.281bn

24. Mark Coombs - £1.159bn

25. Ayman Asfari - £1.159bn

26. Richard Desmond - £1.159bn

27. Charles Dunstone - £1.098bn

----------------------------------------------------------------------------

Top 25 Sunday Times Rich List 2014

BBC News - 'Rich List' counts more than 100 UK billionaires

1. Sri and Gopi Hinduja, £11.9bn

2. Alisher Usmanov, £10.65bn

3. Lakshmi Mittal and family, £10.25bn

4. Len Blavatnik, £10bn

5. Ernesto and Kirsty Bertarelli, £9.75bn

6. John Fredriksen and family, £9.25bn

7. David and Simon Reuben, £9bn

8. Kirsten and Jorn Rausing, £8.8bn

9. Roman Abramovich, £8.52bn

10. The Duke of Westminster, £8.5bn

11. Galen, Hilary and George Weston and family, £7.3bn

12. Charlene de Carvalho-Heineken and Michel de Carvalho, £6.36bn

13. Mohamed Bin Issa Al Jaber and family, £6.16bn

14. Carrie and Francois Perrodo and family, £6.14bn, new

15. German Khan, £6.08bn, new

16. Sir David and Sir Frederick Barclay, £6bn

17. Hans Rausing and family £5.9bn

18. Nicky Oppenheimer and family, £4.57bn

19. Earl Cadogan and family, £4.2bn

20. Joseph Lau and family, £4.03bn

21. Sir Philip and Lady Green £3.88bn

22. Denis O'Brien, £3.85bn

23. Mike Ashley, £3.75bn

24. Sir Richard Branson and family, £3.6bn

25. Idan Ofer, £3.43bn, new

The full Sunday Times Rich List 2014 is published on Sunday 18th May 2014.

[Bamford]

The Sunday Times Rich List is one of the most comprehensive studies in the world, it list actual individuals, their assets, companies, property, estimated wealth and indeed any debt or liabilities, whilst citizenship and residency are also taken in to consideration by the Sunday Times Rich List.

Each individual is dealt with individually relating to the top 1,000 richest in the country and indeed top 5,000 in terms of the full Rich List which is published as a reference book edition and edited by Dr Philip Beresford and his team.

It should however be noted that there is a significant difference between a billionaire in pound sterling and other currencies such as the US Dollar and you currently have to be worth $1.69 Billion USD to equal £1 Billion pound sterling, the starting list for inclusion in the pound sterling billionaire club.

Sunday Times Rich List - Wikipedia, the free encyclopedia

BBC News - Sunday Times Rich List shows rise in UK billionaires

BBC News - Sunday Times Rich List: The changing face of wealth

More than 100 billionaires living in Britain - Telegraph

Britain has world's most billionaires per capita | Business | The Guardian

Billionaire Britain: UK home to more than 100 billionaires - UK - News - The Independent

BBC News - 'Rich List' counts more than 100 UK billionaires

[Bamford]

The Sunday Times Rich List is a continuous process and the paper has it's own rich list team, and bases much of it's work on fact relating to records held at Companies House in London (Department for Business, Innovation and Skills) and other such legitimate resources such as HM Revenue and Customs Valuation Office Agency.

Company Records held in the UK are open to far more public scrutiny than in most other countries and anyone can access information ranging from turnovers, profits and directors through to property and assets, and numerous other information, and these actual official records form the basis for much of the ST Rich List, coupled with tax returns and other such information.

How To Read the Sunday Times Rich List - Institute of Management

Rules of engagement Sunday Times Rich List | The Sunday Times

Companies House - Wikipedia, the free encyclopedia

Valuation Office Agency - Wikipedia, the free encyclopedia

The Sunday Times - Wikipedia, the free encyclopedia

The Times - Wikipedia, the free encyclopedia

[Gatsby.]

Originally Posted by Gatsby.

The Atlantic covered this and averaged out every relevant ranking of cities and the winner is New York. Of course.





And New York City has the most rich people.

$30MM+ in assets (UHNWI) and billionaires.

Oh, and according to the latest "Global Financial Centres" index, New York is now the #1 Financial Capital of the world.

So New York's aggregate score is even higher.

[Gatsby.]

Originally Posted by Bamford

In terms of the Forbes List, it's laughable, it has at Number One, the Number Ninth in the Sunday Times List.

Why is the Forbes/UBS list different, basically because it's a joke, with most of the best known and famous Billionaires residing in London such as Roman Abramovich owner of Chelsea Football Club and Alisher Usmano who has a major share in Arsenal football club and who also resides in London are left off the list entirely, as are Lakshmi Mittal and family who live on Kensington Palace Garden in London.

You need to let it go - New York has more billionaires by London and by a large margin. New York is a far wealthier city than London by every measure - Billionaires, UHNWI, HNWI, Per Capita Income, Per Capita GDP. The Candy Brothers (one of whom left London to live in New York), other London Banks and other inferiority-laden London institutions like Knight Frank can put out 500 new "reports" to hail their city as the #1 in the world but that will never change the fact that New York is richer than London.

In any case, why do you take offense to this anyway? Billionaires are only 49 people in London (a city of 8,300,000 people) and 84 in New York (also a city of 8,300,000). Billionaires are such a tiny percentage of the world and really have no bearing on the life if the day to day people. That you're very upset that Forbes is not counting a 2-3 alleged London billionaires who list their official residence as elsewhere is very strange.

But according to CapGemini, New York City alone has more millionaire households than the entire United Kingdom. There are 465,000 HNWI in the UK and 720,000 HNWI in New York City alone (the United States in total has 3,467,000 in total). San Francisco, Seattle, Boston, Houston, and Washington DC are even wealthier than London in terms of GDP and income per capita. London appears to be a city of working class natives and a few oligarchs who use the city to store their money. Income figures are shockingly low.

PS - Roman Abramovich is listed as a Londoner, according for Forbes...for now...maybe he's getting tired of London as he and his wife just had his baby in New York City (not London) and bought a $75MM townhouse on the Upper East Side of Manhattan. That you think that phenomenon only exists in London is laughable; there are many international billionaires who live in New York City as well i.e. Carlos Slim. He is richer than Lakshmi Mittal and Roman Abramovich combined, and is sometimes ranked as the richest man in the world. Carlos Slim has several in New York, his office is in New York, he owns the New York Times, amongst other New York institutions, gives heavily to New York causes but his official residence is still probably Mexico City. Also, unlike the United Kingdom, the United States itself has hundreds of billionaires. Many of who live part time in NYC. New York and America aren't reliant on international wealth because America's wealth crushes the wealth in the UK and everywhere else in the world. That old London is the capital city of the UK, home to all of of the country's wealth and investment, yet still falls up short to New York, which is a baby city compared to London, isn't a capital and shares the limelight with other American cities, is a bit amusing.