CHINA
SO MUCH WEALTH! China tops U.S. as home to most billionaires
A Journal of People report
The latest Hurun Global Rich List said: One in every two newly minted dollar-denominated billionaires last year stemmed from China. The Asian country had 1,058 billionaires last year compared with 696 in the U.S.
Based on January 15 valuations, of the 610 new billionaire tycoons globally, 318 were in China, compared with 95 in the U.S.
The report said: “China has added more new faces than the rest of the world combined, and pulled away big time from the USA in the past year.”
The Hurun Global Rich List tells the story of the world economy through the stories of the world’s most successful entrepreneurs. The list ranked 3228 billionaires from 2,402 companies and 68 countries.Read More »