Forbes Reveals Cities with the Most Billionaire Residents
The prestigious Forbes magazine has published a list of cities with the most billionaire residents, consisting of 11 cities. In total, these cities are home to 487 billionaires with a combined wealth exceeding $2.8 trillion.
The list is topped by New York City, which has 101 billionaires whose total wealth is $616.8 billion. Among New Yorkers, the richest is Michael Bloomberg, with a net worth of $94.5 billion.
Second on the list is Hong Kong, boasting 70 billionaires with a combined wealth of $286.8 billion. The wealthiest resident there is Li Ka-Shing, valued at $29.5 billion.
Beijing comes in third place with 68 billionaires, collectively worth $247.2 billion. The richest among them is Zhang Yiming, with $45 billion.
In fourth place is Shanghai, home to 65 billionaires with a total wealth of $181.9 billion. The richest individual in Shanghai is Colin Zheng Huang, worth $30.2 billion.
London ranks fifth, featuring 63 billionaires with a combined wealth of $294.9 billion. The wealthiest resident in London is Len Blavatnik, with $32.1 billion.
Sixth is Moscow, where 61 billionaires reside, collectively worth $307.1 billion. Vladimir Potanin holds the title of the richest resident there, with $23.7 billion.
Seventh is Mumbai, home to 56 billionaires with a combined wealth of $276.4 billion. The richest among them is Mukesh Ambani, with $83.4 billion.
Shenzhen is in eighth place, featuring 54 billionaires with a total wealth of $246 billion. The wealthiest resident is Ma Huateng, with $35.3 billion.
Ninth is Singapore, where 46 billionaires live, with a total wealth of $133.3 billion. The richest is Go Chok Tong, worth $14.3 billion.
The tenth position is shared by two cities: Delhi and San Francisco. Delhi has 37 billionaires with a combined wealth of $116.4 billion, with the richest being Shiv Nadar at $25.6 billion. Meanwhile, San Francisco also has 37 billionaires, collectively worth $114.2 billion, and the richest among them is Brian Chesky, with $9.3 billion.