Only two European cities among the top 15 choices of billionaires

The 2019 Wealth-X Billionaire Census revealed that there only two cities among the 15 with the highest number of billionaires: London and Moscow.

On top, of course, there is New York, followed by Hong Kong and San Francisco, but the California city holds a record of its own: it has the highest number of billionaires per inhabitant.

Moscow came in a very prominent fourth, ahead of London and Beijing.

But seemingly it’s not all a bed of roses for billionaires: their number declined by 7 percent in 2018 after a 5.4 percent decline in 2017.

The Wealth-X census also showed that the world’s billionaires (2,604 to be exact) have a combined wealth of nearly US$5 trillion and over half of them (55.8 percent) are self-made.

Amazon CEO Jeff Bezos said his company’s fast rise to the top was the result of not having to do any “heavy lifting”.

“All of the heavy-lifting infrastructure was already in place for it. There was already a telecommunication network, which became the backbone of the internet. There was already a payment system — it was called the credit card. There was already a transportation network called the US Postal Service, and Royal Mail, and Deutsche Post, all over the world, that could deliver our packages,” Bezos said.

Continue Reading

Nuclear power

PM Orbán discusses Paks nuclear plant expansion with Rosatom


Nationalists march against the JUST Act 447

Polish Church

Polish Catholic hierarchy condemn pedophilia after shocking film airs