Wealth

September 13, 2016updated 26 Sep 2016 10:38am

New York Found to be billionaire birth capital of the world

New York has produced more than twice the number of billionaires than any other city, new research has revealed, with a whopping 52 individuals hailing from America’s financial capital.

According to Spear’s Magazine and WealthInsight’s Top 25 Global Cities Where Billionaires Are Born, New York has birthed 30 more billionaires than its nearest competitor Moscow, which narrowly bet London to second place with a billionaire headcount of 22.

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