The latest Hurun Report has listed Beijing as Billionaire
Capital of the World for the first time, overtaking New York City. 100
billionaires live in Beijing with over 568 billionaires living in China. China
is ranked number one in most billionaires within its borders with five out of
top 10 cities on the list. Hong Kong is ranked number four, Shanghai ranked
number five, Shenzhen ranked number seven and Hangzhou ranked number nine. The
combined net worth of all Chinese billionaires would be $1.4 trillion, similar
to the GDP of Australia. Check out latest Hurun report here.