March 1st, 2013
04:57 AM GMT
Hong Kong (CNN) – The world has at least 1,453 billionaires, with about half of those residing in the U.S. and China, according to the Hurun Global Rich List. In terms of cities, Moscow is home to the greatest number of billionaires with 76, followed by New York (70), Hong Kong (52), Beijing (41) and London (40). "For every billionaire that Hurun Report has found, I estimate we have missed at least two, meaning that today there are probably 4,000 billionaires in the world," said Rupert Hoogewerf, chairman and chief researcher of Hurun Report, a Shanghai-based publishing group that tracks China's wealthy. World's richest man on global challenges Inside Warren Buffett's office Gates: Underestimating New Innovations The billionaires on the list account for $5.5 trillion in personal wealth - equivalent to the GDP of China, the world's second richest country, according to the report. "This past year has seen a rebound in the wealth of private sector," it stated. "Stock markets in the U.S. have risen and the U.S. dollar has gotten stronger, rising against the Brazilian real by 19%, Indian rupee by 12% and Japanese yen by 6%, making it harder for locals to make the cut-off." Still, most billionaires on the list have companies listed on China's stock exchanges (212) rather than U.S. exchanges (211), despite Chinese markets underperforming in recent years. Three out of four billionaires in the Hurun List are self-made, with real estate, telecommunications, media and technology and retail leading industries that produce the super-rich. One in every 10 billionaires are women, Hurun says. The average age is 63 years, but Facebook founders Mark Zuckerberg and Dustin Moskovitz are the youngest self-made billionaires at 28 and 29, respectively, Hurun said. |
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Fascinating information.
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the tibetan community has the right to a positive existence. please no one should suppress the life of another
nice info
They forgot to count me . . . and I live in La-la land.
"Still, most billionaires on the list have companies listed on China's stock exchanges (212) rather than U.S. exchanges (211)..." I would hardly quantify the splitting hair of 1 more listing as "most".
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I, north koreans are no jokers obama should think very very fast,to maintain d tempo. ragards
Abuja, Nigeria should qualify as the city with the most billionaires. The snag is that they are thiefing billionaires.
Some Nigerian billionares are not worthy.Because some of them are fraut,and they dont deserve telling homeabout.
This is so educative,we have billionaires in Nigeria. So am one of them
you forgot african billionears,dont they feature globally?
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