We're Number Two

Survey finds China passes US in number of billionaires:

China has passed the United States in the number of billionaires, driven by the rise of fortunes in technology and manufacturing, according to a survey released Thursday.

Despite a cooling economy, the number of Chinese billionaires rose by 242 this year to 596, according to The Hurun Report, which follows China's wealthy. It said that surpassed the 537 the company found in the United States.