China is now the billionaire capital of the world
Rating:
Loading...The number of billionaires in the world grew by 99 to a record high of 2,188 last year, with the majority of new entries coming from Greater China, according to the new Hurun Global Rich List. The mainland, Hong Kong, Macau and Taiwan provided 90 of the new entries, which swelled the ranks of Chinese billionaires to 568 and meant China overtook the US, which had 535.
China’s billionaires had a combined net worth of US$1.4 trillion. The world’s wealthiest person, Microsoft co-founder Bill Gates, held onto the top spot with a net worth of US$80 billion. He remained way ahead of investor Warren Buffett, who was the second richest person with a net worth of US$68 billion. Michael Bloomberg, the former New York mayor and media owner, broke into the top 10 with US$37 billion.
Wang Jianlin, chairman of property and entertainment conglomerate Wanda, was the richest in China and 21st in the world, with net worth of US$26 billion. Wang’s wealth surpassed Li Ka-shing, Hong Kong’s property tycoon who was once the richest man in Asia. Li’s net worth shrank 22 per cent to US$25 billion and he dropped seven places to 23rd.
Varchev Traders Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
