Top 10 cities with most billionaires in 2025: This Indian city ranks #6 globally
Maintaining its four-year streak (except in 2021, when it was briefly overtaken by Beijing), New York City, popularly known as the Big Apple, continues to top the list in 2025. The Big Apple is home to 123 billionaires with a collective net worth of $759 billion.
Moscow, Russia's capital, ranks second with 90 billionaires worth a total of $409 billion, overtaking Hong Kong, which now stands at number three, with 72 billionaires. Hong Kong remains one of three Chinese cities in this year's top 10.
In a notable shift, London climbed two spots to claim the fourth position, with 71 billionaires. Access Industries founder Len Blavatnik remains the city's wealthiest resident.
Beijing, dubbed the billionaire capital of Asia, rounds out the top five with 68 billionaires, up five from last year. Its richest resident is Lei Jun, co-founder and CEO of Xiaomi, with a net worth of $43.5 billion.
San Francisco and Shanghai tie for the eighth rank, each with 58 billionaires. While San Francisco added eight new billionaires, Shanghai welcomed five.
Mumbai, India's financial hub and the home base of Mukesh Ambani, ranks sixth in 2025, down two places from last year. The city now hosts 67 billionaires with a combined worth of $349 billion. Among its new entrants are four members of the Doshi family of Waaree Industries, which went public in October.
Source: Forbes World's Billionaire List 2025 | Data as of: March 7, 2025
Cherry Gupta is an Assistant Manager - Content at The Indian Express. She is responsible for crafting compelling narratives, uncovering the latest news and developments, and driving engaging content based on data and trends to boost website traffic and audience engagement. One can connect with her on LinkedIn or by mail at cherry.gupta@indianexpress.com. ... Read More
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