Only 11 Singaporeans grabbed spots in world's top billionaires list

That's a wee 0.8% of the billionaire pie.

According to the Hurun Global Rich List 2013, Asia is home to the highest number of billionaires this year with most of them operating in real estate sector. The total wealth of the 1453 billionaires amounted to a staggering US$5.5 trillion, the equivalent of China’s GDP.

The survey says that Asia has 608 individuals included in the top billionaires' list, followed by North America with 440 billionaires and Europe 324.

By country, the US was home to 409 billionaires, comfortably ahead of the 317 from China. Between the US and China, they now have half of all billionaires on the planet.

In Singapore, 11 individuals or 0.8% of the total number of billionaires made it to the list.

Moscow is the billionaire capital of the world, home to 76 billionaires, edging out New York which has 70. London came in at fifth place behind HK and Beijing. Five of the Top Ten cities for billionaires are in Greater China.

Table 1 shows the breakdown of billionaires cities and countries.

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