7 Reasons Why London is Home to Most Billionaires
5. Convenient time zone
Another factor why London is home to most billionaires is its convenient time zone. London is located in a central time zone which makes it easier for it to conduct and facilitate businesses between Asian countries and the US.
6. English as native language
English is not only the native language of London and the UK at large, it is also the international language of business, which makes it the one place where people from all over the world can come to try their luck at making a fortune.
7. Low taxes
One of the most crucial factors why London has the most billionaires is because of its lenient tax structure. Apart from having relatively low taxes, London has even more benefits for foreigners. Non UK residents are not taxed on their foreign incomes.
