Beijing replaces NYC as new billionaire capital of the world

Q.  Which is the Billionaire capital of the world with the most number of billionaires?
- Published on 25 Feb 16

a. New York
b. Beijing
c. Shanghai
d. Tokyo

ANSWER: Beijing
 
Chinese capital has overtaken Big Apple/NYC as the home to most billionaires (around 95 to 100) according to Shanghai firm  Hurun which released yearly rankings. Reports suggest China now has more billionaires than the US. Study also found that Beijing had close to 32 billionaires more while NY just gained 4 in the past year. While Moscow was third, Hong Kong and Shanghai came in 4th and 5th.

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