With the global billionaire population reaching new heights, Forbes has identified ten cities where these ultra-wealthy individuals are most concentrated. According to Forbes’ latest World’s Billionaires list, these cities host a significant portion of the world's billionaire population, amassing a combined net worth of over $3 trillion. Whether you're in search of business opportunities or simply intrigued by the lifestyles of the rich and famous, these cities offer a glimpse into the world of extreme wealth.
Here are the top 10 cities boasting the highest concentration of billionaires as of March 2024:
- San Francisco: Silicon Valley's innovation hub welcomes 50 billionaires, including Dustin Moskovitz, with a combined wealth of $185 billion.
- Singapore: With 52 billionaires, Singapore attracts the ultra-wealthy, led by Eduardo Saverin with a fortune of $28 billion.
- Los Angeles: The celebrity culture of LA attracts 53 billionaires, including John Tu, with a collective net worth of $222 billion.
- Shanghai: Despite a decline, Shanghai hosts 54 billionaires, with Colin Huang leading with $38.9 billion.
- London: Stagnant growth sees London with 62 billionaires, led by Len Blavatnik with $32.1 billion.
- Beijing: Flat growth in Beijing maintains 63 billionaires, with Zhang Yiming as the richest at $43.4 billion.
- Mumbai: Mumbai sees growth with 69 billionaires, including Mukesh Ambani with a staggering $116 billion.
- Moscow (tie): Moscow's billionaire community expands to 74, with Vagit Alekperov as the wealthiest at $28.6 billion.
- Hong Kong (tie): Sharing the spot with Moscow, Hong Kong boasts 74 billionaires, with Li Ka-shing leading at $37.3 billion.
- New York City: Retaining its status as the billionaire capital, NYC hosts 110 billionaires, with Michael Bloomberg and Julia Koch leading with fortunes of $106 billion and $64.3 billion respectively.
