LONDON, May 12 (UPI) -- The Sunday Times released their annual Rich List, which shows that London has become the global capital for billionaires.
London led the cities with 72 billionaires, Moscow followed with 48 and New York came in third with 43. Britain's 104 billionaires are worth a total of $523 billion.
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Most of the billionaires were not born in the UK. Indian-born brothers Sri and Gopi Hinduja topped the listwith a fortune amounting to about $20 billion. The brothers, who run the Hinduja Group, added around $2 billion to their net-worth last year.
The richest Brit is Gerald Grosvenor, the Duke of Westminster, who ranked tenth on the list with a fortune of $14.3 billion.
