Beijing edges out NYC as home to most billionaires – Forbes 2021 list

For the first time

For the first time ever, the Chinese capital has become the new billionaire center of the world. Beijing gained 33 new billionaires in 2020, bringing its total to 100 and narrowly beating New York City’s 99, according to Forbes.

The annual World’s Billionaires List for 2021 showed that the Big Apple added only seven new billionaires in the same time span.

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