Top 10 cities with most billionaires in the world

Top 10 cities with most billionaires in the world :  New York City is still the city with the most billionaires in the world as it follows up leading with 119 to129 of London which has, on average, about another 97 billionaires. Two Asian locations are in the top-five for most spectacular wealth expansion – with Mumbai often singled out as a place of rapid growth and listed at number 2 in all future years (but number 1 in 2026), followed closely by [Beijing](https://Emerging-market-millionaires-surge-business.

The concentration of global wealth remains heavily clustered in a few major economic, financial, and tech hubs [cite: 2.2.3]. According to the latest Forbes data on the world’s billionaires, the top 10 cities with the most billionaire residents are:

Top 10 cities with most billionaires in the world

1. New York City, USA

• Billionaire Count: 123

• Total Wealth: $759 billion [cite: 2.2.3]

• Overview: Driven by Wall Street and an rare financial ecosystem, New York continues its long-running streak as the billionaire capital of the world.

2. Moscow, Russia

• Billionaire Count: 90

• Total Wealth: $409 billion [cite: 2.2.3]

• Overview: Moscow holds the second spot globally, with the vast majority of its billionaire wealth deeply tied to natural resources, commodities, energy, and metallurgy [cite: 2.1.3].

3. Hong Kong

• Billionaire Count: 72

• Total Wealth: $309 billion [cite: 2.2.3]

• Overview: Operating as a massive financial gateway between mainland China and global markets, Hong Kong maintains a heavy concentration of ultra-wealthy individuals in real estate, shipping, and tech [cite: 2.1.3].

4. London, United Kingdom

• Billionaire Count: 71

• Total Wealth: $355 billion [cite: 2.2.3]

• Overview: Long acting as a magnet for multi-generational and international wealth, London ranks fourth, pulling in ultra-high-net-worth individuals from across Europe, the Middle East, and beyond [cite: 2.1.3].

5. Beijing, China

• Billionaire Count: 68

• Total Wealth: $273 billion [cite: 2.2.3]

• Overview: While it briefly took the global lead a few years ago, the Chinese capital sits firmly in the top five, driven prominently by tech founders and industrial innovators.

6. Mumbai, India

• Billionaire Count: 67

• Total Wealth: $349 billion [cite: 2.2.3]

• Overview: India’s financial capital offers massive multi-generational conglomerate wealth and a rapidly expanding cohort of industrial and stock-market billionaires, led by Asia’s richest person, Mukesh Ambani [cite: 2.2.3].

7. Singapore

• Billionaire Count: 60

• Total Wealth: $259 billion [cite: 2.2.3]

• Overview: Serving as a primary, tax-friendly, highly secure retreat for Asian wealth, Singapore has seen a massive influx of tech entrepreneurs, family offices, and multinational founders moving to the city-state [cite: 2.2.3].

8. San Francisco, USA

• Billionaire Count: 58 (Tie)

• Total Wealth: $217 billion [cite: 2.2.3]

• Overview: Sitting at the heart of Silicon Valley, San Francisco’s wealth is entirely driven by venture capital, tech disruptors, and the recent massive booms in Artificial Intelligence (AI) [cite: 2.1.3].

9. Shanghai, China

• Billionaire Count: 58 (Tie)

• Total Wealth: $198 billion [cite: 2.2.3]

• Overview: As China’s commercial and manufacturing powerhouse, Shanghai’s wealth centers primarily around massive e-commerce, global logistics, and heavy trade corporations [cite: 2.1.3].

10. Los Angeles, USA

• Billionaire Count: 56

• Total Wealth: $243 billion [cite: 2.2.3]

• Overview: Rounding out the top 10, Los Angeles offers a unique blend of billionaires spanning the entertainment industry, digital media, high-end real estate, and consumer tech.

Key Takeaways

• Regional Dominance: Asia dominates the geographic landscape with 5 out of the top 10 cities (Hong Kong, Beijing, Mumbai, Singapore, and Shanghai) [cite: 2.2.3].

• The US Footprint: The United States claims 3 powerhouse cities on the list (New York, San Francisco, and Los Angeles) [cite: 2.2.3].

• Wealth Density: While New York has the most billionaires, cities like London and Mumbai command massively high average wealth per billionaire due to a concentration of mega-conglomerates and legacy fortunes [cite: 2.2.3].

Top 10 cities with most billionaires in the world

Data based on 2025–2026 estimate, from Hurun Report and Forbes:

• New York City, United States, (119–129 Billionaires) Finance, Investment and Tech
• 95–97 billionaires London, UK Finance, investment & luxury goods
• Mumbai, India (~67–92 billionaires), 3rd most (2025/2026 in various reports), after NYC and London.
• Beijing, China, Capital of China, center for technology and manufacturing (~91 billionares)
• Shanghai, China, (~87–92 billionaire) Commercial plum and tech.
• 84–85 billionaires; Shenzhen, China, Tech and startups
• Hong Kong, (~65–74 billionaires) Asia’s Key financial center.
• Moscow, Russia, (~59–69 billionaires) Energy and metals
• New Delhi India (~57–63 billionaires) Major Business hub in India
• San Francisco, USA, (~52–58 billionaires) The global tech hub of Silicon Valley.

For the higher up rankings other cities tend to appear more frequently such as Singapore, Los Angeles and Taipei.

The distribution of the global wealth is still highly concentrated in a small number of large economic/financial/tech centers [cite: 2.2.3]. The complete list, through the latest Forbes data on billionaires in 2023, of cities with the most billionaire residents includes:

New York City, USA

Billionaire Count: 123

Wealth total: $759 billion [citation 2.2.3]

Summary: With Wall Street and an rare financial ecosystem, New York maintains its 12-year run as the billionaire capital of the world.

Moscow, Russia

Billionaire Count: 90

Wealth Lifetime: $409B [cite: 2.2.3]

Summary : On global scale, Moscow ranks 2nd with most of the billionaires wealth in natural resources commodity energy metallurgical [see: 2.1.3 next].

Hong Kong

Billionaire Count: 72

Total Wealth: $309B [cite: 2.2.3]

Introduction: Hong Kong functions as a singularly large financial funnel between the Chinese mainland and other global financial markets, with an especially high share of ultra-wealthy/ultra-high-net-worth individuals from real estate [cite: 2.1.3], shipping, and tech industries.

London, United Kingdom

Billionaire Count: 71

Total Wealth : $ 355 billion [cite: 2.2.3]

Summary: Long considered a magnet for millions of multi-generational, international families London ranked fourth attracting ultra-high-net-worth individuals from all over Europe and the Middle East [cite: 2.1.3].

Beijing, China

Billionaire Count: 68

Net Worth: $273 billion [source: 2.2.3]

Headline: While it slipped into second place globally more recently, the Chinese capital remains solidly in the top five thanks particularly to tech founders and industrial innovators.

Mumbai, India

Billionaire Count: 67

Wealth: $349 billion, [cite: 2.2.3]

Introduction: On the one hand, India’s financial capital hosts unyielding inter-generational conglomerate wealth and an emerging class of industrial- and stock-market billionaires headed by Mukesh Ambani [cite: 2.2.3], Asia’s richest person.

Singapore

Billionaire Count: 60

Net Worth: $259bn [cite: 2.2.3]

Snapshot: Singapore operates as a premium, tax-friendly (+/-), secure asset retreat for Asian wealth [cite: 2.2.3], and one can observe a large migration of tech entrepreneurs, family offices, and founders all moving to the city state.

San Francisco, USA

Billionaire Count: 58 (Tie)

Net worth : 217 billion [cite: 2.2.3]

Description: At the center of Silicon Valley, San Francisco is all about venture capitalists, tech disruptors, and recently huge gains in AI [cite: 2.1.3].

Shanghai, China

Billionaire Count: 58 (Tie)

Total Wealth : $198 B [ 2.2.3 ]

Overview: Shanghai is the commercial and industrial center of China, where most wealth pours through gigantic e-commerce, global freight and major international trade companies [source 2.1.3]

Los Angeles, USA

Billionaire Count: 56

Assets and liabilities: $243 billion [cite: 2.2.3]

The Rundown: The city rounds out the top 10 for its mix of billionaires across entertainment, digital media, high-end real estate and consumer tech.

Key Takeaways

Regional Dominance: Asia leads the geographic map with 5 of top 10 cities (Hong Kong, Beijing, Mumbai, Singapore and Shanghai) [cite: 2.2.3].

U.S. Footprint: The U.S. has 3 powerhouse cities on the list (New York, San Francisco, and Los Angeles) [cite: 2.2.3].

Per Billionaire Wealth: New York by far contains the highest numbers of billionaires, however, cities such as London and Mumbai predominantly comprise mega-conglomerates and legacy fortunes see exceptionally high means [cite: 2.2.3]

Frequently Asked Questions

How much home loan can I get to buy in Gurgaon and NCR?

Most buyers get a loan for 75-90% of the value, tied to income and credit score. Our home loan by salary guide shows the ranges.

What documents do I need to buy property in Gurgaon and NCR?

Identity and address proof, PAN, income papers for a loan, and the property title chain, approvals and latest tax receipts. Keep both sides KYC ready for registration.

How do I check if a project is RERA-registered?

Search the state RERA portal by project or builder name for the registration number and approved plan. Our RERA check guide explains it.

Can NRIs buy property in Gurgaon and NCR?

Yes, NRIs can buy residential and commercial property in India, though not farm land. Payments must come through banking channels, and a trusted power of attorney helps if you are abroad.

What taxes apply when I sell property in Gurgaon and NCR?

You pay capital gains tax on the profit, lower if you hold beyond the long-term period, with reliefs if you reinvest in another home. Take advice before you sell.

Is it a good time to buy in Gurgaon and NCR?

Timing matters less than buying the right property at a fair price with clean papers. If a home fits your budget and needs, waiting for a perfect market rarely pays.

How do I verify a property title in Gurgaon and NCR?

Check the chain of ownership, the latest record, any loan or lien and pending dues, and match the seller identity to the title. A local lawyer can vet the deed.

What should I check during a site visit in Gurgaon and NCR?

Construction quality, water and power backup, the neighbourhood, road access, and how the actual unit compares to the brochure. Visit at different times of day if you can.

Can I negotiate the price in Gurgaon and NCR?

Resale and ready inventory are usually negotiable, while fresh launches have fixed rates but may waive some charges. Compare recent deals nearby to judge a fair price.

What is the difference between carpet area and super area?

Carpet area is the usable space inside your walls; super area adds a share of common areas. Always confirm the carpet area you actually get before comparing prices.

What extra costs come beyond the price in Gurgaon and NCR?

Budget for stamp duty and registration, GST on under-construction homes, parking, club and maintenance deposits, and loan fees. Ask for a full cost sheet upfront.

How does Realty Hunting help me buy in Gurgaon and NCR?

We share verified listings, honest area advice and the real paperwork picture, and connect you with builders and sellers. Reach out and we will shortlist options that fit your budget.

Should I buy ready-to-move or under-construction in Gurgaon and NCR?

Ready homes have no wait, no GST and no build risk but cost more; under-construction is cheaper with a longer wait. Choose by your timeline and risk appetite.

How do I book a property in Gurgaon and NCR?

Shortlist, visit, check the papers and RERA, then pay the booking amount and sign the agreement. Read the payment plan and cancellation terms before you commit.

Do I need a lawyer to buy property in Gurgaon and NCR?

For anything beyond a simple, clean deal it helps. A lawyer vets the title, the agreement and the approvals, which is cheap insurance against a costly mistake.

What is a builder-buyer agreement?

It is the core contract between you and the developer, setting the price, payment plan, area, specifications and possession date. Read it fully before signing.