Saturday, July 20, 2013

Why its called Great Britain! Education Hub, Economy Hub and practicing a quaity of life: Attracting quality people to live in. Similar to our neighbour Singapore and Tokyo, they put quality of life as a number one priority. By having this will attract high quaity people with high education levels, thinking quality, life style quality and economic status. Malaysian cannot be like Singapore because we catering the lower quality of people (education, thinking and economy) because too much politics at all levels and demanding for votes. Those low quality in education, thinking and economic have more time to play politics and have voting power compared to those are really working, thinking and educated groups. We need to have high order thinking society and looking forward citizens.This what the government of Malaysia is moving to since Tun Mahathir time where the country is preparing for first class facilities and strategies. BUT the society pulling slow or back ward. Come Malaysian go go go forward. At least be like Singapore. If Singapore can be like London, Malaysia can be like America, more spread high quality citizens.

London is a city of  multi-cultural melting pot: steeped in history and revered for its cultural heritage.  London is also the city with the most multi-millionaires in the world, a new list of the global ultra-wealthy reveals. The capital boasts 4,224 multi-millionaires, defined as individuals worth more than $30m (£19m) each.

Tokyo is in second place with 3,525 multi-millionaires, followed by Singapore with 3,154. The US, the world’s biggest economy does not make an appearance until fourth place, with New York City and its 2,929 multi-millionaires.

Researchers said this “surprisingly low” figure was partly due to the fact that many wealthy New Yorkers live away from Manhattan in cities such as Greenwich, which has more than 350 multi-millionaires.

America’s millionaires were more spread across its cities than in the UK. Manhattan was home to just 7pc of the country’s millionaires and Los Angeles to another 2pc, while London is home to 42pc of Britain’s rich.

Overall, the US boasts the most millionaires in the world - 5,231,000 in total - followed by Japan, Germany and China. The UK - with 675,000 - is fifth.

When it comes to billionaires, the pinnacle of the ultra-rich list, New York tops the list of the world’s top cities for billionaires, with 70, eclipsing Moscow with 64. London has 54, including Alisher Usmanov, who has made £13.3bn from mining and investment interests, steel magnate Lakshmi Mittal, worth £10bn, and Chelsea Football Club owner Roman Abramovich, whose fortune is estimated at £9.3bn.
As for mere millionaires - classed as having net assets of $1m, excluding their main home - London moved into third place, with 281,000, after New York City with 389,000 and Tokyo in prime position with 461,000 millionaires.

Moscow, Mumbai and Istanbul are all significantly higher on the billionaire list than on the millionaire rankings, researchers noted. That could reflect the greater difficulty of building a business in certain countries, which means that enterprises are more likely to stay in the hands of a few, said Oliver Williams, an analyst at Wealth Insight.

 

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