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Beijing beats New York as world billionaire capital

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China's richest man, real estate and entertainment magnate Wang Jianlin, is ranked 21st on Hurun's list of the world's richest people with a net worth of US$26 billion.

Beijing

BEIJING has surpassed New York City to become the "billionaire capital of the world" with 100 resident billionaires to the US business and cultural capital's 95, a survey showed.

The number of Beijing billionaires rose by 32 from last year, while New York's tally rose by

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