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Old Posted Mar 29, 2012, 7:41 PM
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10023 10023 is offline
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Quote:
Originally Posted by iheartthed View Post
I don't think it's anymore ridiculous than London being the most important city for the world's 1%.
I think it's absolutely true that London is the most important city for the global wealthy.

Miami is odd... I would expect it to be behind Los Angeles, the Bay Area (though they may have split SF and Silicon Valley). And Washington DC... political influence is important, and if Berlin is on the list then DC certainly needs to be.

How are they defining "high net worth"? I expect it's much narrower than the "world's 1%"... it doesn't take much to be in the top 1% globally given the typical person's income in the developing world.
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