Top Cities with the Most Billionaires

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Top Cities Boasting the Highest Number of Billionaires in 2025

New York City Continues to Lead America and the World

With 129 billionaires calling it home, New York City remains the unrivaled hub for ultra-wealthy individuals. The city’s diverse economy, global financial centers, and vibrant entrepreneurship scene continue to attract high-net-worth individuals seeking investment opportunities. Despite global economic fluctuations, NYC has maintained its position as the city with the most billionaires, surpassing other global metropolises by a significant margin.

London Holds Its Ground as a Billionaire Magnet

In second place, London has solidified its reputation as a key global financial hub, with 97 billionaires. The city benefits from a robust financial services sector, luxury real estate, and a rich history of wealth accumulation among its elite. London’s strategic location and favorable tax policies have kept it at the forefront for wealthy individuals seeking residency or investment opportunities.

Chinese Cities Dominate the Global Billionaire Landscape

The leading Chinese cities continue to feature prominently on the list:

Shanghai claims 92 billionaires, reflecting its status as China’s financial and commercial powerhouse.
Beijing follows closely behind with 91 billionaires, underlining its role as China’s political and business center.
Shenzhen adds 85 billionaires, highlighting its emergence as a tech hub and manufacturing giant.
Hangzhou and Guangzhou also feature, with 41 and 36 billionaires respectively, emphasizing China’s continued economic expansion.

Indian Cities Showcase Rapid Growth in Wealth

India’s most prominent billionaire cities include:

Mumbai with 90 billionaires, reflecting its status as India’s financial and entertainment hub.
New Delhi with 63 billionaires, indicating significant wealth concentration within the political and business sectors.
Bengaluru with 25 billionaires, representing the country’s burgeoning tech industry.

Other Notable Global Cities on the List

Hong Kong retains its status as an international financial gateway with 74 billionaires.
Moscow boasts 69 billionaires, symbolizing Russia’s continued wealth among its elite.
Singapore and Taipei (each with 48 billionaires) showcase Southeast Asian and East Asian wealth centers.
Paris with 46 billionaire residents highlights Europe’s ongoing appeal.
Bangkok and other Asian capitals also remain important wealth hubs, contributing to a diverse international billionaire landscape.

U.S. Cities Balking for the Top Spot

Besides New York and San Francisco, American cities like Los Angeles (33 billionaires), Palm Beach (28 billionaires), and Dallas (26 billionaires) demonstrate the country’s stronghold in billionaire wealth, especially on the West Coast and in affluent areas of Texas.

Latin American and African Growth Points

While Brazil’s São Paulo holds a place with 35 billionaires, the representation of Latin America remains modest. African cities are not yet prominent on the list, but regions such as Johannesburg and Lagos show potential for future growth.

Broader Global Wealth Distribution

This year’s data underscores the ongoing concentration of billionaires in key economic hubs worldwide, with many cities in China and the United States consistently dominating the list. As wealth continues to be accumulated in these global centers, the geopolitical and economic significance of these cities only grows.

Source: Hurun Global Rich List 2025