It has happened. Moscow has beat New York as the city most packed with billionaires, according to this Forbes research. Whereas New York has only 71, Moscow is now home to 74 billionaires (and probably also 740,000 starving people, but that is beside the point.)
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Moscow – 74
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New York – 71
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London – 36
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Istanbul – 34
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Hong Kong – 30
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Los Angeles – 24
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Mumbai 20
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San Francisco – 19
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Dallas – 15 (tie)
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Tokyo – 15 (tie)
The one that got me was Istanbul. Istanbul? What’s so lucrative going on in Istanbul? Why not Dubai?