China Daily: “China has had more billionaires created by its stock markets this year than in the United States – 212 compared with 211 – a new survey revealed on Thursday.
According to the latest Hurun Global Rich List 2013, there were 1,453 people in the world with personal wealth of $1 billion or more at the end of January.
Another significant sign of more wealth being created in the East came with figures showing Asia was home to the highest number of billionaires, with 608, followed by 440 from North America and 324 from Europe, said Hurun researchers.
Among individual countries, the US and the Greater China area dominated with 408 and 357 respectively, followed by Russia, Germany and India.
Between them, the US and China now have half of all billionaires on the planet.
Moscow, with 76 billionaires, is the billionaire capital of the world, followed by New York, Hong Kong, Beijing and London, according to the report.
Mexican telecom czar Carlos Slim, 73, was ranked as the “Richest Man on the Planet” with a personal fortune of $66 billion, followed by US investor Warren Buffett with $58 billion in wealth.
Founder of fashion brand Zara, Amancio Ortega of Spain, shoots into the top three with $55 billion in wealth.
Real estate, telecommunications, media, technology and retail were the most common sources of wealth, the report added.”
via China’s billionaires on rise |Economy |chinadaily.com.cn.
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