Chinese billionaires surpass US

Chinese billionaires surpass US

World February 25, 2016 10:14

- Although it runs economically less smoothly in China, the number of billionaires in the Asian country is still higher than the amount of super rich in America, according to research by Hurun.

According to the research company, there are now 568 people with assets of at least a billion, while America remains stabbing at 535 billionaires. The turmoil in the financial markets, the number of billionaires have fallen in both countries compared to a year earlier.

China is including Jack Ma, owner of Alibaba WebColos well in was struck after he brought his business to the highest level ever on Wall Street at the fair.

Wang Jianlin also there is well-off, thanks to the billion proceeds from the IPO of Wanda Cinema Line, the largest cinema chain in China.

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