Moscow has overtaken New York City as home to the most billionaires, according to Forbes magazine, with 74 of the super-rich elite now counting the Russian capital as their home.
By contrast, 71 billionaires live in New York, according to the magazine's annual list, which placed London in third place with 36.
"Russia is again the dominant story in (Europe) this year. Its billionaires are just fast and fearsome. What's fascinating is that every single one of them is self made," said Forbes senior editor Luisa Kroll.