The Billionaire Capital Of The World

The Billionaire Capital of the World is once again, Beijing. For the third year in a row, the Hurun Global Rich List has released a report showing that China has a staggering increase in billionaires.

China had an entire 210 new billionaires, with a current 819 total. In comparison to the US which ranks second, China has 40% more billionaires.

Beijing has become the ‘Billionaire Capital of the World’ for the third year running, according to the recently released Hurun Global Rich List 2018.

The capital city of China, Beijing is reported to have more rich men that any city in the world, with 131 billionaires. Five other Chinese cities, including Hong Kong, Shanghai, Shenzhen, Hangzhou and Guangzhou were in the top 10 cities for 2018.

In America, New York is the only city that has made it to the top 10, with 92 billionaires. Regardless, seven out of the ten richest men are from the U.S. No Chinese billionaires have made it to the top 10, with the best being in 15th place globally, Poney Ma Huateng.

This incredibly rapid growth in billionaires in China suggests a highly alarming income inequality. According to a Peking University report, the rich own a third of the county’s fortune. The poorest population own just one percent of China’s wealth.

You may also like

How To Make The Most Of Your Winter Road Trip

Winter road trips can be amazing experiences that give you a chance to see the world and join with family and friends for an interesting experience. However, winter travel also brings its own challenges – you might need to drive slowly and carefully on ice, snow, and even through flooded areas; you might need to deal with GPS inaccuracies as well as having to carry things like bottled water, blankets, and shovels; you might even need to carry an ice scraper in case your windows iced over. Luck

Tips to Get Rid of a Migraine

While some lucky people never have to deal with the throbbing pain of migraines, others, unfortunately, experience them very frequently. If you are part of the unlucky group of people who have tried everything to get rid of these unforgiving headaches, you are not alone. Over 30% of adults aged 18-65 years in the world have reported experiencing migraines, according to the World Health Organization. It's important to remember what triggers migraines as they can sometimes be avoided. Emotional

Couch to 5K: A How-To Guide

If you're reading this, chances are that you're interested in starting running and the Couch to 5K (C25K) training program. You may be feeling a bit intimidated or nervous about walking out the door for your first run. I'll tell you now: don't be. Running is simple; all it takes is getting started and the rest will come naturally.

Do You Really Never Forget How to Ride a Bike?

Most of us learned how to ride a bike when we were little kids. But, as we grew older, some of us decided it was time to retire our old bicycles and use other means of transportation to get around. However, if we tried to ride a bike now, we'd still be able to do it just as well as back when we were kids. Why is that? How come we never forget how to ride a bike? [caption id="attachment_20915" align="aligncenter" width="724"] Getty Images / DigitalVision / Alistair Berg[/caption]

Beatles vs. Rolling Stones

The Beatles and The Rolling Stones are two British rock bands that had a major influence on the music scene. They were both produced during roughly the same era, however, they each have their own distinct sound and style of music. The Beatles started out in 1960 while the Rolling Stones went public in 1962; this sets them apart by exactly three years. The Rolling Stones has a harder, fuzzier sound. For example, in the song (I Can't Get No) Satisfaction, Brian Jones' guitar playing is very

Top Stories