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BRICs Give US Cities a Millionaire-Inferiority Complex
 [CNBC] New data from WealthInsight shows that Beijing and Shanghai each have more multi-millionaires now than Los Angeles. The study measures the segment of the population worth $30 million or more, known in wealth-industry parlance as "ultra-high-net-worth individuals."Beijing has 1,318 people in that group. Shanghai has 2,028. Both are higher than Los Angeles, which has 950 people worth $30 million or more. New York still towers over the others when it comes to the ultra-highs, with 2,929 people worth $30 million or more. Posted by: Fred 2012-12-10 |
| http://www.rantburg.com/poparticle.php?ID=357736 |