Forbes magazine recently published its list of the top 10 cities that are home to billionaires. From India, Mumbai topped the charts by being the home of Mukesh Ambani, who elevated himself as the richest in Asia, with a net worth of $ 85 billion. In the Asia-Pacific region alone, there are 1,149 billionaires whose combined net worth equals $ 4.7 trillion, leaving US billionaires worth $ 4.4 trillion.
In the 35-hour edition released by Forbes, this time there are 493 new billionaires. In short, these are the best cities in the world that are home to some of our favorite billionaires.
Beijing surpassed New York to record the highest number of billionaires after recovering from the coronavirus crash.
Concrete Jungles Where Dreams Are Made: New York City has always been home to the richest people in the world, inherited or self-made.
33 new billionaires made the Forbes list this year from China alone. Hong Kong has some popular billionaires like Henry Cheng & family and Peter Woo.
Russia’s richest billionaire, Vladimir Putin, resides in Moscow, making this city fourth on the Forbes list.
Shenzen is another popular city in China, linked to Hong Kong, and has made it to fifth place on the list.
To no one’s surprise, China’s largest city also made the list in sixth place that is home to billionaires like Hao Yan, the Huiyan Yang family, and Bangxin Zhang.
The Hinduja family residing in London along with Jim Ratcliffe have contributed to the city being ranked seventh on the list.
Besides Mukesh Ambani, Mumbai is also home to Gautam Adani, Lakshmi Mittal, Cyrus Poonawalla, and Shiv Nadar.
San Francisco was ranked ninth on the list in the 35th edition of Forbes.
32 billionaires reside in the Chinese province of Hangzhou alone.