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Home » Top Cities with the Most Billionaires in 2023

Top Cities with the Most Billionaires in 2023

Rukhsar Rehman by Rukhsar Rehman
February 8, 2026
in Infotainment
Reading Time: 4 mins read
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Cities with the Most Billionaires  

1.  New York, USA – 129
2.  London, UK – 97
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The Top 25 Cities with the Most Billionaires in 2025

1. New York City, USA – The Billionaire Capital of the World

Leading the list once again, New York City boasts an astonishing 129 billionaires. The city remains a global financial hub, drawing wealth from finance, technology, real estate, and media sectors. Its iconic skyline isn’t just a visual marvel but a testament to its status as a magnet for ultra-wealthy individuals seeking business opportunities and luxury living.

2. London, UK – The Financial Powerhouse Across the Atlantic

With 97 billionaires calling it home, London continues to attract the world’s wealthiest. Its international finance scene, prestigious educational institutions, and vibrant culture make it a favorite among the global elite. London’s status as a gateway to Europe ensures it remains a key player in maintaining concentration of wealth.

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3. Shanghai, China – The New Economic Frontier

Housing 92 billionaires, Shanghai has solidified its position as China’s financial and commercial center. The city’s rapid growth in high technology, real estate, and manufacturing sectors continues to draw the ultra-rich, reinforcing its status as a prominent hub for wealthy entrepreneurs in Asia.

4. Beijing, China – The Political and Economic Capital

Close behind Shanghai, Beijing has 91 billionaires. The city drives many of China’s national priorities and hosts numerous tech giants, state-owned enterprises, and luxury markets that foster wealth accumulation among China’s top-tier entrepreneurs.

5. Mumbai, India – The Gateway to Prosperity in South Asia

Home to 90 billionaires, Mumbai remains India’s financial capital. Its thriving finance, entertainment, and real estate sectors attract wealth, while the city’s entrepreneurial spirit continues to fuel rapid growth in the billionaire count.

6. Shenzhen, China – The Silicon Valley of Hardware and Innovation

With 85 billionaires, Shenzhen stands out as China’s tech hub. Known for its innovation in electronics and technology startups, Shenzhen has emerged as a key city for entrepreneurs and investors seeking to capitalize on China’s high-growth tech scene.

7. Hong Kong – The Bridge Between East and West

Hosting 74 billionaires, Hong Kong maintains its status as a global financial nexus. Despite recent political shifts, its strategic location, free market policies, and thriving finance industry continue to attract the world’s wealthiest individuals.

8. Moscow, Russia – The Heart of Russian Wealth

With 69 billionaires, Moscow remains Russia’s economic powerhouse. The city’s wealth is concentrated in natural resources, finance, and industrial sectors, with many billionaires maintaining residences and businesses here.

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9. New Delhi, India – The Political Capital with Growing Wealth

Hosting 63 billionaires, New Delhi benefits from India’s expanding economy. While not as prominent as Mumbai or Bengaluru, the city’s wealthy elite are increasingly investing in infrastructure and technology.

10. San Francisco, USA – The Tech Capital of the West

With 55 billionaires, San Francisco continues to be a startup and innovation hub. Silicon Valley’s influence fosters enormous wealth, brought by tech giants and successful startups that drive the city’s billionaire numbers.

11. Singapore – Asia’s Wealth Management Center

Home to 48 billionaires, Singapore’s stable political climate, robust financial sector, and strategic location make it a favorite for billionaires seeking a global headquarters or private wealth management hubs.

12. Taipei, Taiwan – The Rising Wealth Hub

Also with 48 billionaires, Taipei’s growing tech, manufacturing, and finance sectors are creating new opportunities for wealth accumulation. Its strategic position in Asia fuels economic growth and billionaire growth.

13. Paris, France – European Center of Wealth

With 46 billionaires, Paris remains the epicenter of fashion, luxury, and finance in Europe. Its historic charm and strong cultural heritage continue to attract high-net-worth individuals.

14. Bangkok, Thailand – Southeast Asia’s Wealth Magnet

Housing 43 billionaires, Bangkok serves as the business hub for Southeast Asia, with booming real estate, tourism, and manufacturing industries contributing to the growing billionaire population.

15. Hangzhou, China – Home of Tech Giants

Boasting 41 billionaires, Hangzhou has risen as a tech innovation center, with Alibaba’s headquarters based here. Its fast-paced growth is creating more opportunities for the super-rich.

16. Guangzhou, China – Manufacturing and Commerce Hub

With 36 billionaires, Guangzhou benefits from a robust manufacturing and trading economy, maintaining its position among China’s wealthiest cities.

17. São Paulo, Brazil – South America’s Wealth Center

Housing 35 billionaires, São Paulo remains Latin America’s financial and industrial center. Its diverse economy and emerging tech scene continue to attract affluent entrepreneurs.

18. Jakarta, Indonesia – The Rising Southeast Asian Powerhouse

With 33 billionaires, Jakarta’s expanding economy in manufacturing, banking, and infrastructure is fueling increase in ultra-wealthy residents.

19. Los Angeles, USA – The Entertainment and Tech Hub

Sharing the 33 billionaire count with Jakarta, Los Angeles excels in entertainment, real estate, and technology sectors, drawing star entrepreneurs and wealthy investors alike.

20. Seoul, South Korea – The Innovation and Tech Center

Housing 30 billionaires, Seoul’s technology giants and growing startup scene make it a significant player among affluent Asian cities.

21. Tokyo, Japan – The Land of Affluence

With 30 billionaires, Tokyo remains Japan’s economic engine. Its diverse economy, from finance to tech, sustains its status as an Asian billionaire hotspot.

22. Milan, Italy – Italy’s Fashion and Business Capital

Hosting 28 billionaires, Milan’s fashion, design, and luxury industries attract wealth from around the world, elevating its status on this list.

23. Palm Beach, USA – The Wealth Haven of Florida

Holding 28 billionaires, Palm Beach specializes in luxury real estate, yachting, and private finance, making it a favorite among ultra-rich Americans.

24. Istanbul, Turkey – The Crossroads of Continents

With 28 billionaires, Istanbul blends East and West, thriving on its strategic location and growing sectors like finance, construction, and tourism.

25. Dallas, USA – The Rising Texas Power Player

Also home to 26 billionaires, Dallas’s energy, finance, and real estate sectors have propelled its status among America’s elite cities.


The 2025 billionaire landscape continues to reflect shifting economic powers and technological innovation, with Chinese cities firmly establishing themselves alongside traditional global financial centers like New York and London. As wealth consolidates and expands, these cities stand as vibrant hubs of opportunity, innovation, and luxury.

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Rukhsar Rehman

Rukhsar Rehman

A University of California alumna with a background in mass communication, she now resides in Singapore and covers tech with a global perspective.

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