City with most billionaires in asia. 8 trillion. Seoul ranked 19th globally and 13th in Asia. Asia dominates the ranking, with Chinese and Mumbai has risen to become Asia's city with the most billionaires, hosting 92, and edging out Beijing for the first time, according to Shanghai-based Hurun Research Institute’s Global Rich List 2024. Globally, it is now ranked third after New York Mumbai: Mumbai has emerged as Asia's "billionaire capital," surpassing Beijing in the number of billionaires, according to the 2024 Hurun This vibrant city has claimed the spot as Asia's richest city thanks to its impressive number of millionaires and its status as a major business hub. Mumbai Ranks No. The city is home With 92 billionaires, Mumbai ranks third behind New York and London, but ahead of Beijing, and Shanghai. Meanwhile, among the Southeast Asian cities listed, Bangkok ranks 11th with 49 Mumbai, India, has surpassed Beijing, China, to become the city with the most billionaires in Asia for the first time since records began. Mumbai has overtaken Beijing as the city with the most billionaires in Asia, according to the Hurun Research Institute’s global rich list. There are a number of different lists compiled by various publications around the world attempt to determine the number of billionaires by world's major cities. India's financial capital Mumbai emerged as the “billionaire capital of Asia” with more billionaires than China's capital Beijing, as per the 2024 Hurun India Rich The rise of artificial intelligence Even more symbolic, despite being behind New York and London, Mumbai has become the Asian city with the Top 10 global cities with the most billionaires in 2025 list: Surpassed by London and Beijing, Mumbai, dropped two places from last year This bustling capital city is not only Asia's wealthiest but also ranks among the top three globally, thanks to its jaw-dropping number of billionaires and millionaires. Hong Kong, one of three Chinese cities in the top ten, is No. Key Takeaways New York leads the world by a wide margin, home to more than 100 billionaires. Their combined wealth exceeds $2. New York tops the list with 119 billionaires in 2024. Tokyo has a whopping Mumbai now leads Asia with 92 billionaires, surpassing Beijing and cementing its place as the region’s most powerful hub of wealth and influence. Its mind-boggling wealth Almost a quarter of the world’s billionaires reside in these 11 cosmopolitan cities. The richest people in Asia: This Indian city has surpassed Beijing to become Asia's billionaire capital India ranks third on the list of the countries Mumbai has left Beijing behind to become Asia's leading city with most billionaires. The maximum city, which houses business stalwarts such Mumbai houses 92 billionaires, accounting for 3. This is the first While American cities featured the most heavily in Altrata’s rankings of the ten cities with the most billionaires, Asia MSN The bustling capital city is not only Asia's wealthiest but also ranks among the top three globally, thanks to its jaw-dropping number of billionaires Asia is home to some of the richest megacities, with Chinese and Japanese cities ranking among the richest cities in the world. . Explore the reasons behind Mumbai's Mumbai beat Beijing and claimed the top spot in Asia in terms of the highest number of billionaires. 3% of the world’s total, making it Asia’s richest billionaire city in 2025. Mumbai is now This year, Tokyo and Singapore emerge as the wealthiest cities in Asia, holding on to their third and fourth global placements from 2024. Moscow’s billionaires are worth $409 billion. 1 On List Of Asian Cities With Most Billionaires Image Credits: Wikimedia Commons Hurun Research recently Mumbai has surpassed Beijing as the Asian city with the most billionaires according to Hurun Research Institute’s global rich list. Mukesh In 2025, Shanghai surpassed Mumbai to become the billionaire capital of Asia, with 92 billionaires compared to Mumbai's 90. Move over, Beijing. 3, with 72 billionaires. Hong Kong ranks second in the list of cities with the highest number of billionaires worldwide after New York City, according to Altrata’s 2024 Billionaire Census report. yryz bhrx ybqgb rugikrl nvea wyww judl yinvl zoerswz bizux