The number of billionaires in mainland China slipped slightly last year. Photo: Shutterstock
The number of billionaires in mainland China slipped slightly last year. Photo: Shutterstock

Fewer billionaires in mainland China as ultra-wealthy feel pain of Beijing’s tech, property crackdowns, study says

  • From 410 in 2020, there were just 400 billionaires last year in mainland China, a long way off the 975 in the US
  • Hong Kong was home to 114 billionaires last year, up 2.7 per cent from 2020, placing it second among cities globally

The number of billionaires in mainland China slipped slightly last year. Photo: Shutterstock
The number of billionaires in mainland China slipped slightly last year. Photo: Shutterstock
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