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Guess Where The BIllionaire Capital Of The World Is…

For the first time, New York City has surpassed Moscow for the most billionaire residents, according to the latest global rich list from Hurun.

Apparently New York added 14 billionaires last year, bringing its total to 84.

During the same period Moscow, which used to be the Billionaire Capital Of The World, lost a billionaire, dropping its number to 77.

The U.S. is home to the most billionaires — 481 — followed by China, with 358 billionaires. More than half (51%) of all billionaires now live in Asia.

Australia added 13 billionaires bringing the total up to 29.

The following table from Business Insider shows where the most billionaires live by country and city, and their change year-over-year:

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Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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