For the first time, New York City has surpassed Moscow for the most billionaire residents, according to the latest global rich list from Hurun, a group that tracks wealth in China.
According to Hurun, New York added 14 billionaires this year, bringing its total to 84. Moscow, meanwhile, lost a billionaire, lowering its headcount to 77.
The U.S. is home to the most billionaires — 481 — followed by China, with 358 billionaires. More than half (51%) of all billionaires now live in Asia, according to Hurun.
The following table shows where the most billionaires live by country and city, and their change year-over-year:
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