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Cities Hosting the Most Billionaires in 2025
New York, USA Continues to Lead the Billionaire Race
With a staggering count of 129 billionaires, New York remains the undisputed leader among global cities in 2025. The city’s financial district, luxury residential areas, and vibrant startup scene continue to attract ultra-high-net-worth individuals from across the globe. Notably, Wall Street remains a magnet for financial moguls, solidifying New York’s reputation as a billionaire hub.
London Secures Second Place Amid Political and Economic Shifts
The UK capital retains its position as Europe’s billionaire capital, housing 97 wealthy elites. Despite uncertainties surrounding Brexit, London’s real estate, hedge funds, and luxury markets continue to draw international financiers and entrepreneurs. The city’s diverse economy and global connectivity make it a safe haven for billionaires seeking stability.
Shanghai and Beijing Keep China at the Top
China’s economic rise shows no signs of slowing, as Shanghai and Beijing hold the third and fourth spots respectively. Shanghai boasts 92 billionaires, reflecting the city’s strength in finance, tech, and manufacturing sectors. Meanwhile, Beijing has 91 billionaires, with many linked to tech giants, real estate, and state-driven enterprises, emphasizing China’s growing influence in global wealth.
Mumbai and Other Indian Cities See Growth
Mumbai ranks fifth with 90 billionaires, cementing itself as India’s financial hub. The city benefits from a booming tech scene, entertainment industry, and rapidly expanding middle and upper class. Additionally, New Delhi hosts 63 billionaires, with many involved in politics, governance, and traditional industries.
Hong Kong and Other Notable Cities
Hong Kong, once a leading billionaire hub, now accommodates 74 billionaires, navigating geopolitical tensions and economic reforms. Other cities like Shenzhen (85 billionaires) and Guangzhou (36 billionaires) reflect China’s local economic powerhouses fueling regional wealth.
Russian and Southeast Asian Cities Maintain Their Positions
Moscow remains a significant contributor with 69 billionaires, primarily engaged in energy, commodities, and finance. Southeast Asia also makes its mark with Singapore and Taipei, hosting 48 billionaires each, thanks to their robust economies, strategic locations, and growing financial sectors.
Paris, Bangkok, and Other European and Asian Cities
Paris continues as a European hub with 46 billionaires, driven by luxury goods, fashion, and arts. Bangkok has 43 billionaires, thriving on tourism, real estate, and manufacturing industries. Other Asian cities like Hangzhou and Guangzhou are climbing the ranks, supported by technological innovation and manufacturing.
Emerging Markets Showcase Growth
Brazil’s São Paulo (35 billionaires) and Indonesia’s Jakarta (33 billionaires) highlight boosting wealth in Latin America and Southeast Asia. These cities benefit from resource-rich economies, expanding infrastructure, and foreign investment.
Notable U.S. Cities
Apart from New York, the U.S. host other billionaire-rich cities. San Francisco has 55 billionaires, primarily in tech and venture capital; Los Angeles and Dallas follow with 33 and 26 billionaires, respectively. Palm Beach, known for its luxury estates, remains a hotspot for ultra-wealthy Americans.
The Global Wealth Landscape in 2025
The trends show a shifting balance with Asia solidifying its dominance alongside continued American prominence. As economies evolve, cities like Bengaluru in India (25 billionaires) and Seoul and Tokyo (30 each) are emerging contenders. These shifts underline the dynamic nature of global wealth distribution.
Source: Hurun Global Rich List 2025
Note: Data reflects a snapshot in 2025, illustrating the continuing global shift toward Asian markets and the persistent influence of North American financial centers.
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