The Hurun Report, compiled by British accountant and former Forbes Rich List researcher Rupert Hoogewerf, found that Asia had 608 dollar billionaires, compared with North America's 440 and 324 in Europe.

It is believed to be the first time Asia has been named as home of the largest proportion of super-rich on any global list.

Nonetheless the US, which has 409 billionaires, retains its crown as the most populous country for the so-called 'nine-zero' club, while Mexican telecoms tycoon Carlos Slim was named the "planet's richest man" with a personal wealth of $66bn (£43bn), according to the report. Mr Slim also topped last year's Forbes global list.

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http://www.telegraph.co.uk/finance/china-business/9900009/Asia-has-more-billionaires-than-North-America.html