the crane is down, and they re concerned. america s millionaires apparently stepped up their game because it shows china is home to more billionaires than the united states. a research firm in shanghai says 596 billion billionaires live in china, and 537 live here in the united states. the firm reports it s the first time ever that happened and it comes despite china s economy being a real mess. not that the economy being bad hurts billionaires. we know better than that. the reason according to wall street journal is that china s stock market is down, yet it s doing considerably better than this time last year so the rich got richer. the guy in charge of the firm says the report shows the success of online retail and entertainment and other service-based bonuses and china s wealthiest defied gravity.