The Russian capital has more billionaires than any other city in the world, according to a new survey from China.
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The study by the Hurun Research Institute says there are over 4000 people who have more than $1 billion on their bank account, and 76 of them reside in Moscow.
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Russia has 88 billionaires with a combined wealth of $368bn, and it seems to support the old proverb that “all the money goes to Moscow”.
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The wealthiest Muscovite is mining tycoon and Arsenal football club co-owner, Alisher Usmanov, whose fortune is estimated at $19 billion.
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The Chinese researchers have given the world’s financial capital, New York, the second spot on their rankings, with 70 residing billionaires.
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Honk Kong took the third position in the Hurun Global Rich List 2013, but it stands far behind the leaders, being home to just 54 rich cats.
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The Chinese capital, Beijing, is fourth with 41 billionaires, while the long-time leader, London, has given up its positions for good. The British capital has dropped to fifth spot, with only 40 billionaires.
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Istanbul (26 billionaires), Mumbai (24), Shanghai (24), Paris (23), Shenzhen (22) and Taipei (22) complete the Top 10.
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The conclusion by Hurun Research matches that from Forbes Magazine, who also put Moscow on top of their list of the cities with the biggest super-rich community at 78 billionaires.
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