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New York is no longer the capital of billionaires: which city replaced it

'07.04.2021'

Olga Derkach

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New York has lost its leading position in the world in terms of the number of billionaires. Now the title of billionaire capital has passed to Beijing, China, according to the list Forbes.

Photo: Shutterstock

Beijing ranked first for the number of billionaires in the city for the first time. In 2020, 33 new rich people appeared in Beijing, while there are only 7. In total, there are 101 billionaires in Beijing, and 99 in New York.

It is worth noting that the population in Beijing is 2,5 times more than in New York - 21 million people and 8,4 million, respectively.

The richest man in Beijing is Zhang Yiming. He founded ByteDance in 2012 and developed the Toutiao news aggregator and video sharing platform TikTok. His fortune is estimated at $ 35,6 billion.

And the richest New Yorker is former mayor and businessman Michael Bloomberg. He has $ 59 billion in his account.

On the subject: Living in New York is expensive even for millionaires: 12 surprising facts about prices in the city

The capital of Russia Moscow took 4th place - now it is home to 79 billion, in 2020 added 9. The richest billionaire in Moscow is Alexey Mordashov - Chairman of the Board of Directors, General Director of JSC Severstal, General Director of JSC Severgroup, Chairman of the Board of Directors of JSC Power Machines, member of the Board of Directors of Nordgold. Alexey Mordashov owns 26% of the German travel company TUI Group. His fortune is estimated at $ 420,6 billion.

Another American city managed to break into the top ten in this top - San Francisco. The city is in 9th place and is home to 48 billionaires (2020 people were added in 11). The richest resident of San Francisco is Dustin Moskowitz ($ 17,8 billion), who, together with Mark Zuckerberg, Eduardo Severin and Chris Hughes, founded the world's largest social network Facebook. Owns 6% of the company.

But despite the fact that New York lost the lead in the number of billionaires, the United States still holds its place. The country is home to 724 billionaires. The United States is followed by China - 698, then India (140), Germany (136) and Russia (117).

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