London-based analytic agency WealthInsight has given Moscow 2nd place in its latest study of where billionaires reside globally. Russia’s capital is home to 64 billionaires (in U.S. dollars) and accounts for just under half of the country’s total (130), according to CEO magazine.
Moscow was beaten by New York (70) and followed by London (54), Hong Kong (40) and Beijing (29).
At the same time, when measured by the amount of multimillionaires (who own assets valued at or above $30 million), Moscow doesn’t make the top 20 cities in the world. That list is led by London (4224 multimillionaires), Tokyo (3525), Singapore (3154), New York (2929) and Rome (945).
During December of last year, WealthInsight published a report which counted 160 thousand multimillionaires in Russia. Among the BRICS, the country trailed China (1.3 million), India (250 thousand), Brazil (194 thousand), but was ahead of South Africa (45 thousand).
Moscow takes 2nd place globally among in number of billionaires