People are very curious about where billionaires live. Surprisingly, they don’t always live in big, famous cities. Many of them live in places that are like small towns. Forbes magazine recently published a list of the top ten cities where the most billionaires live. Let’s take a look at these cities.
San Francisco
In San Francisco, USA, billionaires have a total wealth of $185 billion. One famous billionaire who lives here is Sam Altman, a well-known tech investor. According to Forbes, there are 50 billionaires living in this city.
Singapore
Singapore is ninth on the list, with 52 billionaires calling it home. Singapore is known as a luxurious city, and many wealthy people from different parts of the world visit here often. The total wealth of billionaires in Singapore is $156 billion.
Los Angeles
In Los Angeles, USA, billionaires have a combined wealth of $222 billion. This city is home to 53 billionaires, including many famous sports stars and celebrities. One well-known resident is American television personality Kim Kardashian.
New York City
New York City, USA, tops the list with 110 billionaires. This is nine more than last year. The total wealth of New York City billionaires is a whopping $693 billion. Michael Bloomberg, one of the richest people globally, lives here, with assets worth $106 billion.
Moscow and Hong Kong
Moscow and Hong Kong tie for second place on the list, each with 74 billionaires. Moscow ranked 12th on the list two years ago, but the number of billionaires has been increasing since the start of the war in Ukraine. Moscow’s richest person is Vagit Alekperov, with assets worth $28.6 billion. Hong Kong’s billionaires have a total wealth of $326 billion, with the richest being Li Ka-shing, worth $37.3 billion. There are four more billionaires in Hong Kong compared to last year.
Mumbai
India’s Mumbai is fourth on the list, with 69 billionaires and a total wealth of $379 billion. Mukesh Ambani, with assets of $116 billion, is the richest person in the city. This year, 11 new billionaires joined the club, including Shapoor Mistry, with assets of $9.9 billion.
Beijing
Beijing, China’s capital, is fifth on the list, with 63 billionaires and a total wealth of $211 billion. Zhang Yiming is the richest person in Beijing, with assets worth $43.4 billion. The city lost 32 billionaires compared to last year due to the ongoing economic crisis.
London
London is sixth on the list, with 62 billionaires and a total wealth of $326 billion. The richest person in London is Len Blavatnik, with assets of $32.1 billion. There were no new additions to the list of billionaires this year.
Shanghai
Shanghai, another city in China, is seventh on the list, with 54 billionaires and a total wealth of $167 billion. Colin Huang is the richest person in Shanghai, with assets worth $38.9 billion. Shanghai lost the most billionaires compared to last year, with 11 fewer billionaires. Additionally, half of the billionaires in Shanghai are less wealthy than before.
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