Mumbai overtakes Beijing to become Asia's billionaire capital for the first time

Mumbai has overtaken Beijing as the city with the most billionaires in Asia, according to the Hurun Research Institute’s global rich list.

Move over, Beijing.

Mumbai is now the Asian capital with the most number of billionaires, according to the Hurun Research Institute’s global rich list. 

This is the first time that India’s most populous city has taken the top spot in Asia.

Topping the 2024 global rich list for cities is New York (119), followed by London (97). In Asia, Mumbai — India’s financial capital — moved ahead with 92 billionaires, according to Hurun. Following close behind are Beijing (91) and Shanghai (87). 

There are currently 3,279 billionaires globally, a 5% increase from 2023, the report showed. 

https://www.nbcnews.com/news/world/mumbai-overtakes-beijing-become-asias-billionaire-capital-first-time-rcna145245

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