Where Do Chinese Billionaires Live?

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(AsianFin)— Beijing, Shanghai, and Shenzhen remain the top three cities where Chinese entrepreneurs with wealth exceeding US$1 billion prefer to live, although the number of billionaires in all the three cities dropped. Beijing is home to 91 billionaires, down from 109 in 2023. Shanghai hosts 87 billionaires in this year’s list, a net decline of 16 from 2023. Shenzhen has only 84 billionaires&nb