While Beijing remains the global capital of billionaires, the growing numbers in Shanghai has allowed the mainland financial hub to overtake Hong Kong for the first time this year, according to the Hurun Report Global Rich List. Photo: AFP

China produces 182 new billionaires, triple the new faces in the US, while Shanghai overtakes Hong Kong for the first time: Hurun Report

  • Shanghai overtakes Hong Kong for the first time in the number of billionaires with 83 to 76, according to the latest Hurun Global Rich List 2020
  • The world’s 2,816 billionaires enhances their combined wealth by 16 per cent to a record US$11.2 trillion
Topic |   China economy

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While Beijing remains the global capital of billionaires, the growing numbers in Shanghai has allowed the mainland financial hub to overtake Hong Kong for the first time this year, according to the Hurun Report Global Rich List. Photo: AFP
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