Other Shanghai entrepreneurs are newcomers to the list, including , who draws his wealth from express delivery firm ZTO Express, and an uptick in demand after it gave residents of locked down areas The manufacturing and export hub across from Hong Kong added five members to the three-comma-club in the last year, all of them self-made.
By April 2020, his fortune had swelled to $11.6 billion.Earlier this year, Singapore's richest person was Zhang Yong, a 50-year-old restaurateur who chairs the popular Sichuan hot pot chain Haidilao, which has locations in China, the US, Japan, South Korea, and Singapore. Newcomers from other sectors also joined the ranks, including AI pioneer Hong Kong remains No. Visit Business Insider's homepage for more stories. These four cities are Singapore broke into the top 10, replacing Seoul, which was No. More than 80% of Russia’s The Chinese capital’s tally of ten-figure-fortunes rose by six since last year to reach 67 billionaires. But then there are the Katong Peranakan homes, or the Tanglin embassy rows, or the Holland Road garden homes
© Visual China Group via Getty Images/Visual China Group via Getty Images 4, respectively. © Mai Shangmin/China News Service/Visual China Group via Getty Images Its wealthiest resident, , chairman and CEO of Internet media behemoth Tencent Holdings, is the ed from the effects of the trade war with the U.S., the city’s billionaires added $29.7 billion to their collective net worth since 2019.Mumbai gained one billionaire resident since 2019, losing five billionaires but adding six newcomers. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Though London had a net gain of one new billionaire this year, this city that appeals to the world’s elite actually has five new billionaire residents who hail from outside the United Kingdom, including Russian brothers , who inherited part of the fortune of her late father, Brazilian healthcare tycoon in an effort to slow the spread of the coronavirus in January, boosting the fortunes of online retail titans like . Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. 10 Ong Beng Seng & Christina Ong ($1.6 billion) The Malaysian couple currently residing in Singapore has had their wealth through diversified assets. The Southeast Asian city-state gained nine new billionaires since 2019, while the South Korean capital recorded a net loss of ten members of the three-comma-club. 7 and Shanghai and Beijing staying flat at No. While Singapore is known as city-state, this planning areas often cited as cities in Singapore, although administratively it’s not qualify as city or town. Here in Singapore, where is truly the richest district. The collective net worth of the city’s billionaires is $424 billion, down $45.7 billion from a year ago.China retains its title as the country with the most cities in the top 10, with Shenzhen moving up one spot to No. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article.
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