It is proven that when the country transformed itself from Communism to Capitalism
it lets their own people prosper instead of Government owning everything.
It is interesting also that in Asia, once considered third world countries: Hong Kong,
India's and China's people also prosper
#1 Moscow, #2 New York, #3 Hong Kong:
2. New York Average Billionaire Worth: $4,528.23 Billion Despite the US number of billionaires totaling at 442, New York City houses only 62 billionaires. While New York City is up 5 billionaires from last year, its total net worth only clocks in at $280,750.000.
3. Hong Kong (tie) Average Billionaire Worth: $4,541.86 Billion Tied with London on the top 10 billionaire cities list,
Hong Kong houses 43 world Billionaires. This helps give the city a total net worth of $195,300.000, a leg up on its tied competitor. -
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