City with most billionaires

According to latest research which world city has the most billionaires?

How is it that 2 communist countries are in
the top 3 cities for billionaires. It seems like
that should be impossible.

Quote: Evenbob

How is it that 2 communist countries are in the top 3 cities for billionaires. It seems like that should be impossible.

When I was a child, my parents used to tell me that communism pretended to build a society around the commandment "Thou shalt not steal" by portraying taking more than your fair share of money and goods as a type of stealing. Instead it institutionalized the opposite commandment: "You shall covet your neighbor’s house. You shall covet your neighbor’s wife, or his male or female servant, his ox or donkey, or anything that belongs to your neighbor."

My brother had some business dealings with ex-communists. They would lay out there business plan and nearly everything would be illegal. It's like they were gangsters from the 1930s.

The other observation that I have seen is that China institutionalized the one child family. Only children do not naturally grow up thinking about sharing. They are naturally selfish and greedy. So now you have hundreds of millions of them in one country. The so called "little emperor" generation.

Quote: Pacomartin

When I was a child, my parents used to tell me that communism pretended to build a society around the commandment "Thou shalt not steal" by portraying taking more than your fair share of money and goods as a type of stealing..

There's a storyline on The Americans this season
where a member of the KGB goes to different
Moscow grocery stores to make sure they have
the same food and the same amount of food.
He found one that had tangerines when most
other stores did not. The manager explained
how she got them, by being a good manager
for her customers and having the right
suppliers. The agent told her to get in line
with other stores or she would be arrested
on a number of charges.

The old Soviet Union stifled growth and
doing a good job in any way they could.
Instead of getting a gold star, the manager
almost lost her job for doing her job.

I'd vote for London because its safe there to be rich.
Communist states don't really exist anymore but one would not want to advertise wealt there for fear of expropriation by some bureaucrat.
China is a regimented capitalist society with all managerial positions held by ex-military types and all local politicians running fiefdoms.

India has families and interlocking wealth but they also make use of shell corporations and interlocking boards of nominees.
Taxation in India is essentially a bribery war.