Bei­jing over­takes NYC as ‘Bil­lion­aire Cap­i­tal’

China Daily (Canada) - - BUSINESS -

The Chi­nese cap­i­tal has over­taken the Big Ap­ple as home to the most bil­lion­aires — 100 to 95, ac­cord­ing to Hu­run, a Shang­hai firm that re­leases yearly rank­ings and re­search about the 1 per­cent. Bei­jing took the ti­tle from New York af­ter mint­ing 32 new bil­lion­aires last year, while New York gained four. Moscow came in third place, with 66 bil­lion­aires, while Hong Kong and Shang­hai came in fourth and fifth with 64 and 50, re­spec­tively.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.