67 Billionaires in London all based around the “Platinum Triangle” Mayfair, Knightsbridge and Belgravia
London has been named the billionaire capital of western Europe, boasting a higher
number of “ultrahigh net worth individuals” than Paris and tax haven Geneva combined.
No Mansion would be under £10 million – the Billionaires usually make the UK their first home.
The billionaires lives in large family homes, they are mostly married and have an average 2.1 children.
There are more than 2,170 billionaires around the world, and their combined net worth
has more than doubled in just the last five years – up from £1.85 trillion to £3.88 trillion.
Mayfair, Park Lane and Grovenor Sqaure and Knihtsbridge on the right
London is first choice among the western European capitals, with 67 billionaires choosing
either a mansion in the “platinum triangle” formed by Mayfair, Knightsbridge and
Belgravia, or a palatial residence in leafy St Johns Wood or Regents Park.
Paris, meanwhile, has just 25 billionaires – and despite its reputation as a tax haven,
only 18 “ultrahigh net worth individuals” (UHNWI) choose to live in Geneva.
The French Riviera, Tuscany and Greek islands are the locations of their typical holiday homes
In round figures 18 per cent of their wealth, are available in cash, with 42 per cent in private holdings, 35 per cent in publicly held
companies – and just three per cent in property.
Stefan Katafai
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I represent very wealthy Buyers and Sellers.
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