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Beijing beats New York as world billionaire capital
Published Thu, Feb 25, 2016 · 09:50 PM
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 just four, according to the Hurun Report, a China-based publisher of luxury magazines and compiler of an annual list of the country's richest people.
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