China Surpasses USA in Growth of Ultra-Rich

China has surpassed the USA in the growth of the number of ultra-rich, according to analysts from Henley & Partners. The number of centimillionaires, i.e., individuals with assets over $100 million, has increased by 54% over the past ten years to 29,350 people, primarily Chinese and Americans. Relatively few centimillionaires are found in Britain, Germany, and France. One third of all the ultra-rich live in 50 key cities around the world, with the most in New York, the Bay Area (California), and Los Angeles.