Money
Reuters
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A picture illustration shows a 100 dollar banknote laying on one dollar banknotes, taken in Warsaw, January 13, 2011. REUTERS/Kacper Pempel

Asia has more billionaires than any other continent, a survey by a China-based wealth magazine showed on Thursday, overtaking North America for the first time.

There were 1,453 people around the world with a personal wealth of $1 billion or more as of Jan. 17, according to the Hurun Global Rich List for 2013. They had a combined fortune of $5.5 trillion -- the equivalent of China’s GDP.

The average age is 63. One in 10 is female.

Asia is home to the lion’s share of billionaires on the planet with 608 individuals, followed by North America with 440 billionaires and Europe 324.

By country, the U.S. was home to 409 billionaires, comfortably ahead of the 317 from China. Half of all billionaires on the planet live in either the U.S. or China.

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 Hong Kong and Beijing. Five of the top 10 cities for billionaires are in Greater China.

But all these figures are probably under-guesstimates.

“For every billionaire that Hurun Report has found, I estimate we have missed at least two, meaning that today there are probably 4,000 dollar billionaires in the world,” Rupert Hoogewerf, chairman and chief researcher of Hurun Report, said in a statement.

Here’s a look at the world’s top 10 richest man and women:

10. Liliane Bettencourt ($30 billion)

L’Oreal heiress Liliane Bettencourt broke into the top 10 for the first time, and is the richest woman on the planet with a $30 billion fortune.

Liliane Bettencourt
Liliane Bettencourt, heiress to the L'Oreal fortune, attends French designer Franck Sorbier's Haute Couture Spring-Summer 2011 fashion show in Paris January 26, 2011. REUTERS/Charles Platiau

8. David Koch ($31 billion)

Energy tycoons Charles and David Koch grew their combined wealth by $14 billion to take them to a personal fortune of $31 billion each and a joint eighth place. Were they to be ranked jointly, they would be at $62 billion, taking them to second place in the world.

David Koch
David Koch, executive vice president of Koch Industries, applauds during an Economic Club of New York event in New York, December 10, 2012. REUTERS/Brendan McDermid
Charles Koch
Charles G. Koch is chairman of the board and CEO of Koch Industries Inc., a position he has held since 1967. Koch Industries Inc.

7. Li Ka-shing ($32 billion)

The 85-year old Li Ka-Shing, chairman of Hutchison Whampoa Ltd. and Cheung Kong Holdings Ltd., saw his wealth increase by $8 billion to keep him Asia’s richest man. This past year, Li has consolidated his position as the U.K.’s biggest foreign investor, adding to his collection of water and gas utilities.

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Hong Kong tycoon Li Ka-shing attends a news conference announcing the annual results of his company Hutchison Whampoa Ltd, in Hong Kong March 29, 2012. REUTERS/Tyrone Siu

6. Larry Ellison ($43 billion)

Larry Ellison managed to keep his sixth place with a net increase of $9 billion on last year. The bulk of his fortune comes from his 23 percent stake in Oracle, which in February this year agreed to acquire Acme Packet for $2.1 billion.

Larry Ellison
Oracle Chief Executive Larry Ellison delivers his keynote address at Oracle Open World in San Francisco, California September 30, 2012. REUTERS/Robert Galbraith

5. Bernard Arnault ($51 billion)

Bernard Arnault, France’s richest person and the "King of Luxury," saw his wealth rise by $9 billion to land him in fifth place. This past year, LVMH posted record sales and a 12 percent profit hike.

Bernard Arnault
LVMH Moet Hennessy Louis Vuitton chairman and CEO Bernard Arnault attends a news conference after the official inauguration of the Hublot manufacture in Nyon November 5, 2009. REUTERS/Valentin Flauraud

4. Bill Gates ($54 billion)

Bill Gates, chairman of Microsoft Corporation (NASDAQ:MSFT), this year fell out of the top three for the first time, dropping down from second place to fourth, despite seeing his wealth grow by $4 billion to $54 billion. At 57, Gates is the youngest member of the global top 10.

Bill Gates
Billionaire philanthropist Bill Gates attends a news conference at the Global Alliance for Vaccines and Immunisation (GAVI) conference in London June 13, 2011. REUTERS/Paul Hackett

3. Amancio Ortega ($55 billion)

Despite Spain’s recent financial pain, Amancio Ortega has seen his fortune rise by $21 billion or 53 percent, on the back of continued global expansion of the Zara fashion brand, which has jumped Ortega into third place, up from seventh last year. Ortega is Europe’s richest person.

Amancio Ortega
Spain's Princess Letizia and Crown Prince Felipe (R) stand next to chairman of Spanish global fashion group Inditex, Amancio Ortega (L), during a visit to an Inditex factory in Coruna, northern Spain December 2, 2008. REUTERS/Miguel Vidal

2. Warren Buffett ($58 billion)

The 82-year-old Warren Buffett is up one place to second in the world on the back of a $10 billion increase in his wealth. This past year has seen Buffett continue his large-scale investments, with the purchase of H.J. Heinz Company (NYSE:HNZ) for more than $20 billion. In September 2012, Buffett completed treatment for prostate cancer.

Warren Buffett
Warren Buffett is the CEO of Berkshire Hathaway Inc. (NYSE:BRK.B). Reuters

1. Carlos Slim ($66 billion)

The 73-year-old Carlos Slim of Mexico consolidates his hold on the title of "richest man on the planet" with a personal fortune of $66 billion, growing it by $11 billion over the year.

Carlos Slim
Carlos Slim Helu, Mexican telecommunications and retail tycoon, attends a women's final of the 10th Homeless World Cup soccer tournament between Mexico and Brazil at Zocalo Square in Mexico City October 14, 2012. REUTERS/Edgard Garrido