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August 21, 2014

New York has produced more than twice the number of billionaires than any other city, new research has revealed, with a whopping 52 individuals hailing from America’s financial capital. 

New York has produced more than twice the number of billionaires than any other city, new research has revealed, with a whopping 52 individuals hailing from America’s financial capital. 

According to Spear’s Magazine and WealthInsight’s Top 25 Global Cities Where Billionaires Are Born, New York has birthed 30 more billionaires than its nearest competitor Moscow, which narrowly bet London to second place with a billionaire headcount of 22. 

March 5, 2014

A reclusive second-gen to Chinese real estate agent Logan Properties has been declared the youngest billionaire on the planet by Forbes World’s Billionaires List, which includes a number of family business members.

A reclusive second-gen to Chinese real estate agent Logan Properties has been declared the youngest billionaire on the planet by Forbes World’s Billionaires List, which includes a number of family business members.

At age 24, Hong Kong native Perenna Kei is an 85% shareholder in the family business and a non-executive director. Her father, Ji Haipeng, is chairman and chief executive of the company.

November 7, 2013

More than 800 individuals have become billionaires since the financial markets bottomed out in March 2009 following the global financial crisis, with today’s total population at 2,170.

More than 800 individuals have become billionaires since the financial markets bottomed out in March 2009 following the global financial crisis, with today’s total population at 2,170.

According to the Billionaire Census 2013, released by Wealth-X and UBS, Asia is the fastest growing region for individuals whose worth is at least 10 figures long.

Since last year, the region’s billionaire population rose 3.7%, with 18 new individuals, and total billionaire wealth increased 13%.

October 8, 2013

Africa is home to more than triple the number of billionaires than previously thought, according to a new rich list produced by a local business publication, putting it on par with Latin America in terms of its billionaire population.

Africa is home to more than triple the number of billionaires than previously thought, according to a new rich list produced by a local business publication, putting it on par with Latin America in terms of its billionaire population.

March 6, 2013

As spectator sports go, reading rich lists is a pretty grim one. Poring over stories about others peoples’ billions is an odd pastime, vulgar and vaguely dirty. There’s also a 300-foot-high flashing neon question-mark over whether they are even accurate.

As spectator sports go, reading rich lists is a pretty grim one. Poring over stories about others peoples’ billions is an odd pastime, vulgar and vaguely dirty, which seems to appeal to the sort of boggle-eyed saddo who is obsessed with money for its own sake. There’s also a 300-foot-high flashing neon question-mark over whether they are even accurate.

March 8, 2012

The top 20 richest people in the world are collectively worth $634 billion (€479 billion) and over half owe their fortunes to family businesses.

The top 20 richest people in the world are collectively worth $634 billion (€479 billion) and over half owe their fortunes to family businesses.

That’s according to the latest Forbes billionaires list, released on 7 March, which showed that 14 of the top 20 on the list had family-controlled groups responsible for their wealth.

March 10, 2011

More than 40% of the names on the annual Forbes’ billionaire list are family business principals, or linked to family business fortunes, and out of the top 10 richest people in the world, seven are linked to family businesses.

More than 40% of the names on the annual Forbes’ billionaire list are family business principals, or linked to family business fortunes, and out of the top 10 richest people in the world, seven are linked to family businesses.
 

February 14, 2011

Russia’s tycoons have come back remarkably in 2010 as the country has set a new record for its number of billionaires. According to Finans magazine, Russia has 114 dollar billionaires, compared with less than 50 at the end of 2008, when the credit crisis saw the fortunes of the country’s billionaires drastically drop.

Russia’s tycoons have come back remarkably in 2010 as the country has set a new record for its number of billionaires. According to Finans magazine, Russia has 114 dollar billionaires, compared with less than 50 at the end of 2008 when the credit crisis saw the fortunes of the country’s billionaires drastically drop.

According to the top 500 rich list compiled by Russian magazine Finans', everyone on the list is worth at least $160 million, with the top 10 wealthiest Russians together worth $182 billion, up by 30% from $139 billion in 2009.

January 13, 2011

Media and data company Bloomberg is to launch a rich list that will pitch it against the well-established Forbes billionaire list.

Media and data company Bloomberg is to launch a rich list that will pitch it against the well-established Forbes billionaire list.

In a statement, the New York-based company said it would hire Matthew Miller, former editor of Forbes' billionaire list, in February. Bloomberg plans to launch the rich list sometime in the next two years, but gave no exact date for the launch.

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