Asia overtakes the US in billionaire count

For the first time in history, Number of billionaires in Asia exceeds the US count, shown by a new report on billionaire wealth launched by UBS and PwC. China tops in Asia with the newest billionaires at 101 and takes the total number to 637 billionaires and surpassed the US which has 563. Asia’s billionaire's wealth grew by 30 % to $2 trillion but still, the US billionaire wealth is higher at $2.8 trillion.