Shenzhen recently kicked The Big Apple down a notch
17 Apr, 2022
China now hosts three cities with the greatest number of billionaires in the world, data from Global Rich List, an annual ranking prepared by the Shanghai-based research firm Hurun Report, shows.
The greatest number of billionaires – 144 – live in Beijing, followed by Shanghai with 121. New York used to occupy the third spot with 110, but was recently outdone by Shenzhen, a former fishing village turned China’s Silicon Valley, with 113 of the globe’s most wealthy. The city has been basking in a growing concentration of wealth, adding eight billionaires to its list since last year.
https://www.rt.com/business/553679-shenzhen-china-billionaires-number/