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Top 25 Cities Hosting the Most Wealthiest Individuals in 2025
New York City Continues to Lead Wealth Capital
In 2025, New York remains the city with the highest count of billionaires worldwide, boasting an impressive 129 ultra-rich residents. The city’s status as an international financial hub seems unchallenged, attracting entrepreneurs and investors from around the globe who contribute to its wealthy landscape. New York’s vibrant economy, world-class financial institutions, and status as a cultural melting pot continue to draw in the elite.
London Solidifies Its Position in the Global Luxury Scene
London ranks second on the list with 97 billionaires residing within its borders. The British capital’s enduring appeal to billionaires can be attributed to its blend of historic prestige, favorable tax policies, and resilience as a financial center. Despite global economic shifts, London remains a magnet for high net-worth individuals seeking both investment opportunities and a cosmopolitan lifestyle.
China’s Cities Lead the Asian Billionaire Boom
Shanghai and Beijing occupy the third and fourth spots, hosting 92 and 91 billionaires, respectively. China’s rapid economic growth over recent decades has propelled its cities into the billionaire spotlight. Shanghai’s status as a financial hub and a center for commerce complements Beijing’s political and corporate influence. Shenzhen, another Chinese city, also features prominently with 85 billionaires, further emphasizing China’s position as a major power player in global wealth.
Indian Cities Progress Rapidly in Wealth Accumulation
Mumbai and New Delhi are among the top Indian cities for billionaires, holding the fifth and ninth positions with 90 and 63 billionaires. India’s burgeoning economy, expanding tech sector, and entrepreneurial spirit contribute to the rising number of ultra-rich residents. Mumbai, the business capital, continues to be a focal point for wealth creation, alongside the political hub New Delhi.
Regional Diversity and New Entrants
Hong Kong, with 74 billionaires, maintains its status as a key financial center in Asia, although recent geopolitical developments have impacted its ranking. Russian capital Moscow holds the eighth position with 69 billionaires, reflecting ongoing oligarch influence. Southeast Asia also makes a mark with Singapore and Taipei, both hosting 48 billionaires each, underscoring the region’s accelerating economic growth.
European and Latin American Contributions
Paris, France, enters the list with 46 billionaires, showcasing Europe’s enduring appeal for the wealthy. São Paulo in Brazil and Jakarta in Indonesia also appear, with 35 and 33 billionaires respectively, demonstrating the diverse global spread of wealth. Latin America’s growing investment landscape is reflected in this increasing billionaire presence.
United States Continues Its Wealth Dominance
Apart from New York, cities like San Francisco, Los Angeles, Palm Beach, and Dallas feature on the list, illustrating the United States’ persistent leadership in billionaire counts. San Francisco sustains its innovative, tech-driven economy with 55 billionaires, while Los Angeles and Palm Beach each host 33 and 28 billionaires, often linked to entertainment, real estate, and business ventures.
Asian Cities Keep Rising
South Korea’s Seoul and Japan’s Tokyo, with 30 billionaires each, reflect Asia’s expanding economic influence. Meanwhile, Milan and Istanbul, representing Europe and Turkey, contribute to the continent’s billionaire total, with 28 each.
The Bottom Line
As of 2025, the global landscape of wealth continues to be predominantly centered in North America, China, and India. The distribution of billionaires underscores the shifting economic power centers, with Asian cities making significant gains. Meanwhile, traditional European capitals maintain their allure, and emerging markets are rapidly catching up in billionaire counts, illustrating the dynamic and ever-evolving nature of global wealth.
Source: Hurun Global Rich List 2025
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