Someone at Bloomberg will be getting it in the neck for not having done this already.
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The number of billionaires in leading emerging economies has surpassed the number of those in Europe for the first time and is quickly closing in on the US, according to new figures from Forbes, reports the FT. The US still has the world’s most billionaires with 413 individuals with a total net worth of $1,500bn. At the beginning of this year, the Brics countries – Brazil, Russia, India and China – had 301 billionaires, 108 more than in the previous year, and one more than Europe.