Nearly 1/3 of the world’s billionaires live in 16 cities, of which Asia has 6 representatives.
Wealth-X’s billionaire survey data revealed that in 2022, 29% of the world’s 3,194 richest people with a total net worth of $11.1 trillion lived in certain urban areas.
Among them, New York City, USA is still the place with the most billionaires with 136 people.
New York City, USA. IllustrationOther hotspots for high-income earners are located across Asia, the Americas and the Middle East. Most of these cities increase or decrease by 1-2 billionaires between 2021 and 2022. However, Singapore is an exception with up to 4 more billionaires.
The list of cities with the most billionaires in the world includes Paris (France) and Chicago (USA) both with 32 billionaires, Sao Paolo (Brazil) and Istanbul (Turkey) with 33 billionaires, Hangzhou (China). National) 34, Dubai (United Arab Emirates) 38.
In the top 10 are Mumbai (India) with 39 billionaires, Shenzhen (China) 42, Singapore 54, Los Angeles (USA) 58, Beijing (China) 61, London (UK) 75, Moscow (Russia) 76, San Francisco (USA) 84, Hong Kong (China) 112, New York (USA) 136.
The number of billionaires globally decreased by 3.5% in 2022. Billionaires involved in the technology, retail, energy, health care, and transportation industries saw their net worth increase. average decline of more than 5% in 2022.
However, the report emphasizes that “billionaires still have an increasingly large and significant influence on the global economy.”
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