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London leads world's cities in number of billionaires

With 77 billionaires, it's ahead of New York (61) and San Francisco (57) on The Sunday Times' Rich List 2016

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Queen Elizabeth II is the 319th richest person in her kingdom, with a wealth of £340 million.

London

LONDON has more billionaires - measured in pounds sterling - than any other city in the world, according to The Sunday Times newspaper's Rich List 2016.

Some of the richest tycoons in Britain have lost vast chunks of their fortunes because of a retail slump, sinking oil