London named the billionaire capital of Europe

Written on 2 April 2014 by Alistair Boscawen in London


London is the billionaire capital of Western Europe, with the highest number of “ultra-high-net worth individuals”.

Research has shown that billionaires are flocking to London – with more choosing to reside in the UK capital than in Paris and tax haven Geneva combined.

The super-rich are snapping up properties in London, with figures showing they favour large family homes, are usually married and have an average of 2.1 children. Some 67 billionaires have chosen  either a mansion in the “platinum triangle” formed by Mayfair, Knightsbridge and Belgravia, or alternatively a palatial residence in leafy St John’s Wood or Regents Park.

There are more than 2,170 billionaires around the world, with their combined net worth up from £1.85 trillion to £3.88 trillion.

For more information click on the source below:

The Independent

 

Alistair Boscawen

Alistair has 32 years’ experience as an estate agent, starting in the country house department of one of London’s main international agencies before moving to the Knightsbridge house department of the same agency and learning the difference in values between freehold, long lease and short lease houses in Knightsbridge, Belgravia, Chelsea and Mayfair.

All articles by Alistair Boscawen

RELATED ARTICLES


Five changes to eating out in London after lockdown
13 July 2020

If you haven’t yet ventured onto the streets of central London, you might be wondering how the capital’s restaurants have been adapting to the new normal. Since Saturday 4 July, pubs, cafes and restaurants have been allowed to open to the public, as long as social-distancing measures are in place, customers remain one metre apart […]

Read more
London Festival of Architecture goes digital
8 June 2020

The London Festival of Architecture (LFA) is an annual event showcasing cutting edge design and amazing buildings across the capital. This year the event has gone digital – and you can catch its eclectic mix of sessions until 30 June. According to the festival’s director, Tamsie Thomson: “LFA Digital is full of content that is […]

Read more

Contact Us

+44 (0)20 7730 9253
81 Elizabeth Street, London SW1W 9PG

Get in Touch