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'Turning point' as China billionaires overtake US

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Published Thu, Oct 15, 2015 · 09:50 PM

    Shanghai

    THE number of billionaires in China has overtaken that of the United States for the first time, an annual survey said on Thursday, calling it a "turning point" for the super-wealthy.

    Communist-ruled China now has 596 billionaires, up a "staggering" 242 over the last year, Shanghai-based luxury magazine publisher Hurun Report said, surpassing the 537 Americans.

    Billionaires

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