Current Affairs International - 25 February 2016

1. China-s capital Beijing has replaced New York City as the new "Billionaire Capital of the World" in terms of most number of billionaires. Beijing is now home of 100 billionaires compared to 95 in New York, as per a Shanghai company data. Moscow secured third placewith 66 billionaires while Hong Kong and Shanghai secured fourth and fifth place with 64 and 50 billionaires respectively.