Entertainment

New York is home to the most billionaires, while Asia’s Singapore, Hong Kong, Beijing and Mumbai also make top 10 list

Almost a third of the world’s billionaires are concentrated in just 16 cities, according to a new analysis of the habits and patterns of the richest individualsMost of top cities are consistent in their billionaire populations, gaining or losing one or two each between 2021 and 2022 – except for Singapore, which gained fourt

Hong Kong city view from The Peak at twilight. Photo: Shutterstock

New York is home to the most billionaires in the world.

About 27 million Americans moved in 2022, according to census data.

As for billionaires? They tend to stay put.

Almost a third of the world’s billionaires are concentrated in just 16 cities, according to a new analysis of the habits and patterns of the richest individuals.

Wealth-X’s Billionaire Census found that 29 per cent of the globe’s 3,194 wealthiest people, whose collective net worth totals US$11.1 trillion, live in the same handful of metropolises in 2022 as they did during the last several years.

New York City Skyline. Photo: Shutterstock

New York City remains home to the most billionaires with 136, said the report, released on Wednesday.

Other hotspots for high-net-worth folks are located across Asia, America, and the Middle East. Most of the top cities are consistent in their billionaire populations, gaining or losing one or two each between 2021 and 2022 – except for Singapore, which gained four of the world’s wealthiest over the same time period.

The number of billionaires across the globe, however, dropped 3.5 per cent in 2022 thanks to what the study authors called “a new war in Europe, a generational surge in inflation, and deepening US-China tension.” People tied to industries including tech, retail, energy, healthcare, and transport saw their average wealth decline by more than 5 per cent in 2022.

Still, the report added, “the billionaire class wields a significant and still-growing influence over the global economy.”

So let’s take a tour of the 16 cities the most members of the world’s wealthiest population call home.

15. Paris (tie)

Billionaire population in 2022: 32

EVERY SATURDAYHong Kong Update NewsletterOur weekly round-up of the best news, stories and opinion from Hong Kong.By registering, you agree to our T&C and Privacy Policy

Number of billionaires lost or gained: Paris lost one billionaire between 2021 and 2022.

Eiffel Tower on Champs de Mars in Paris, France. Photo: Shutterstock

15. Chicago (tie)

Billionaire population in 2022: 32

Number of billionaires lost or gained: Chicago lost one billionaire between 2021 and 2022.

13. Sao Paulo (tie)

Billionaire population in 2022: 33

Number of billionaires lost or gained: Sao Paulo lost one billionaire between 2021 and 2022.

13. Istanbul (tie)

Billionaire population in 2022: 33

Number of billionaires lost or gained: Istanbul’s number of billionaires stayed the same between 2021 and 2022.

12. Hangzhou, China

Billionaire population in 2022: 34

Number of billionaires lost or gained: Hangzhou lost one billionaire between 2021 and 2022.

Skyline of urban architectural landscape in Hangzhou, China. Photo: Shutterstock

11. Dubai, United Arab Emirates

Billionaire population in 2022: 38

Number of billionaires lost or gained: Dubai’s number of billionaires stayed the same between 2021 and 2022.

10. Mumbai, India

Billionaire population in 2022: 39

Number of billionaires lost or gained: Mumbai lost one billionaire between 2021 and 2022.

Central Mumbai’s cityscape and skyline. Photo: Shutterstock

9. Shenzhen, China

Billionaire population in 2022: 42

Number of billionaires lost or gained: Shenzhen lost two billionaires between 2021 and 2022.

8. Singapore

Billionaire population in 2022: 54

Number of billionaires lost or gained: Singapore gained four billionaires between 2021 and 2022.

Panorama of Singapore city skyline at sunrise, Marina Bay. Photo: Shutterstock

7. Los Angeles

Billionaire population in 2022: 58

Number of billionaires lost or gained: Los Angeles lost one billionaire between 2021 and 2022.

6. Beijing

Billionaire population in 2022: 61

Number of billionaires lost or gained: Beijing lost two billionaires between 2021 and 2022.

Beijing’s central business district. Photo: Shutterstock

5. London

Billionaire population in 2022: 75

Number of billionaires lost or gained: London lost two billionaires between 2021 and 2022.

4. Moscow

Billionaire population in 2022: 76

Number of billionaires lost or gained: Moscow gained one billionaire between 2021 and 2022.

3. San Francisco

Billionaire population in 2022: 84

Number of billionaires lost or gained: San Francisco lost one billionaire between 2021 and 2022.

2. Hong Kong

Billionaire population in 2022: 112

Number of billionaires lost or gained: Hong Kong lost two billionaires between 2021 and 2022.

Hong Kong skyline at sunrise. Photo: Shutterstock

1. New York City

Billionaire population in 2022: 136

Number of billionaires lost or gained: New York lost two billionaires between 2021 and 2022.

Read the original article on Business Insider

Related Posts

Rafael Nadal revela sus planes de transmitir su inmenso legado tenístico a su hijo y la emotiva reacción de su esposa

Rafael Nadal, uno de los deportistas más célebres de la historia del tenis, ha sido admirado durante mucho tiempo por su increíble habilidad, resiliencia y humildad. Recientemente, el…

Jason Kelce addresses the crowd during halftime of the App State football game, making a special appearance

The retired NFL player wore black-and-gold overalls to the game and took many pictures with fans. BOONE, N.C. — A special guest made an appearance at the Kidd…

El actor de Gladiador II que sorprendió a Paul Mescal y Ridley Scott con sus dotes interpretativas

Una cosa en la que todos deberíamos estar de acuerdo es en que el reparto de Gladiator II es una locura. Denzel Washington, Paul Mescal, Pedro Pascal y…

Vanna White pidió a sus fans que escribieran y pensaran un apodo para Ryan Seacrest, de La Rueda de la Fortuna. Las respuestas fueron increíbles

Wheel of Fortune, uno de los mejores programas de juegos de todos los tiempos, está firmemente en su era Ryan Seacrest, con el presentador reemplazando a Pat Sajak…

Priyanka Chopra Jonas’ famous restaurant in New York is shutting down

Priyanka Chopra Jonas’ famous former restaurant Sona is officially shutting down. It will serve its final brunch service on June 30. The news of the restaurant closing its…

La última gran muerte de Yellowstone aparentemente deja un hilo argumental sin resolver y necesito respuestas

A continuación, se incluyen spoilers del último episodio de la quinta temporada de Yellowstone, así que ten cuidado si aún no lo has visto. Con su última entrega…

Leave a Reply

Your email address will not be published. Required fields are marked *