Mapping out top 10 cities worldwide where Billionaires thrive
#10 San Francisco, US
San Francisco in the US is home to 52 billionaires, and its proximity to Silicon Valley makes it a hotspot for tech billionaires, Major companies like Facebook, Google, and Apple established there headquartered nearby.
#9 New Delhi, India
Economic changes impact New Delhis wealth distribution over time. Indias capital broke into the top 10 for with 57 billionaires
#8 Moscow, Russia
Moscow, the capital of Russia, took the eighth spot with 59 billionaires. It is home to a significant number of billionaires, particularly in industries like energy, finance, and real estate.
#7 Hong Kong, China
At the seventh spot is Hong Kong with 65 billionaires in residence, The citys status as a global financial center has led to the accumulation of wealth, with many billionaires involved in finance, real estate, and retail.
#6 Shenzen, China
Shenzhen, China, has become a prominent billionaire city due to its rapid economic growth and status as a major tech hub, attracting wealthy individuals from various industries. The city is home to 84 billionaires.
#5 Shanghai, China
Chinas biggest city houses 87 billionaires , Like Beijing, Shanghais booming economy has contributed to the rise of billionaires, particularly in finance, technology, and real estate.
#4 Beijing, China
The capital of China Beijings rapid economic growth and development have created opportunities for billionaires in sectors such as technology, real estate, and manufacturing. The city has 91 billionaires - 18 less - than last year.
#3 Mumbai, India
Mumbai overtook Beijing as the Asian city with the most number of billionaires - 92, to be precise. The city is a major financial center in India, home to billionaires primarily in industries like finance, media, and manufacturing.
#2 London, UK
London in the UK is home to 97 billionaires, which is 10 more than last year. The citys finance sector, along with its real estate market and diverse economy, has attracted billionaires from various industries.