Billionaire cities rated

For the first time, Beijing has overtaken New York as the city with the highest number of billionaires, according to a new report by China-based firm Hurun

NUMBER OF BILLIONAIRES

Rank increase/ decrease

1 Beijing

2 New York

3 Moscow

4 Hong Kong

5 Shanghai

City

100

95

66

64

50

Change from last year

+32

+4

-7

-7

+20

Country

China

U.S.

India

Germany

UK

568

535

111

82

82

+90

-2

+14

+10

+2

Richest in World Bill Gates $80bn

Richest in China Wang Jianlin $26bn

Source: Hurun Research Institute 2016

Pictures: Associated Press