The ultra-rich list: Number of billionaires in China and Hong Kong increasing
The number of US dollar billionaires in China has risen by 33, to 190 in the last 12 months - but the country still has just a third the number of super-rich than the US, a new report reveals.
The number of US dollar billionaires in China has risen by 33, to 190 in the last 12 months - but the country still has just a third the number of super-rich than the US, a new report reveals.
While the world's two largest economies occupy positions one and two on the world's rich list, Hong Kong has slipped down one place, to stand at number eight, after being surpassed by the number of billionaires in Switzerland
In total the world now has 2,325 billionaires - seven per cent more than last year, according to the report by by Swiss bank UBS and Singapore-based consulting firm Wealth-X.
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The combined wealth of the individuals was US$7.3 trillion as of June this year, the report stated, up 12 per cent on last year. They control almost four per cent of the world's wealth.
Completing the top five is Briain with 130, Germany with 123 and Russia with 114.
Hong Kong this year was found to have 82 billionaires with a combined total wealth of US$343 billion - up from 75 super-rich residents in 2013, worth US$224 billion.