London crowned best city in the world for young businesses

UK's capital London has been crowned as the best city in the world to be a young entrepreneur, media reports have revealed.

Using the Forbes 30 Under 30 lists from Europe, North America, Russia, Asia and Africa, England’s largest city has been christened as the best city in the world for young businessmen.

According to a report in City A.M., despite North America being by far the most popular in providing Forbes Under 30 candidates, London is the most popular city for young entrepreneurs to succeed in, business comparison platform Bionic found, analysing the rankings.

London defeated New York, San Francisco and Moscow to be named as the world’s best city to be a young entrepreneur.

In fact, many candidates on the North America, Asia and Russia lists actually live in London, the research found.

Looking at various industries, city, country, university education, and gender of each young entrepreneur, the researchers identified the best places to be when you have a young, hungry entrepreneurial mind.

Source: Analysis of Forbes 30 under 30 data

London beat New York as the most popular city for successful young entrepreneurs to succeed in globally.

The full report can be found here.

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