ECNS reported that Beijing is still home to more billionaires than New York City, according to the Hurun report, which ranks China’s wealthiest. The list of billionaires globally is growing, with 69 added last year, growing 55 percent over the last five years. The report found that China led the US with 609 billionaires compared to 552, up 41 and 17 over the past year, respectively.
Wang Jianlin, chairman of the Wanda Group, and China’s richest person. Photo: Reuters/Thomas Peter
Beijing still billionaire capital of the world
China Rich List publisher Hurun found that Beijing beat out New York City for the second year running as home to the most billionaires.