Billionaires are an exceptionally rare group — the top 1% of the top 1%. Out of more than 8 billion people worldwide, only about 1,645 individuals have achieved billionaire status, representing a microscopic 0.00000032% of the global population. Collectively, these financial titans hold a staggering $6.4 trillion in combined wealth — more than the GDP of entire continents.
Yet, while billionaires exist in nearly every region, their wealth and influence are heavily concentrated in a select number of global cities. These urban power hubs have become magnets for innovation, luxury, and opportunity — attracting elite investors, entrepreneurs, and dynastic heirs who control vast fortunes.
Here’s an in-depth look at the 25 cities with the most billionaires in the world, where the world’s wealthiest individuals live, work, and shape global economies.
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Chicago, Illinois
Number of Billionaires: 18
Total Net Worth: $40 billion
The Windy City has long been a powerhouse for American business, home to industrial titans and finance moguls. Chicago’s billionaires include heirs to iconic brands like Hyatt and Walgreens, as well as self-made entrepreneurs who built their empires in manufacturing, logistics, and real estate.
🇩🇪 24. Hamburg, Germany
Number of Billionaires: 18
Total Net Worth: $51 billion
Germany’s second-largest city, Hamburg, is known for its thriving port and old-money families. Its billionaires often come from shipping, publishing, and retail dynasties, giving the city an enduring reputation for discreet, generational wealth.
🇸🇦 23. Jeddah, Saudi Arabia
Number of Billionaires: 20
Total Net Worth: $42 billion
The coastal city of Jeddah serves as a commercial hub for Saudi Arabia and a gateway to Mecca. Many of its billionaires are tied to oil, construction, and investment conglomerates, reflective of the nation’s energy-driven economy.
🇰🇷 22. Seoul, South Korea
Number of Billionaires: 20
Total Net Worth: $48 billion
Home to tech behemoths like Samsung, Hyundai, and LG, Seoul’s billionaire population is driven by innovation and electronics. Many of its ultra-rich are corporate heirs, but a new generation of tech entrepreneurs is emerging fast.
🇺🇸 21. San Francisco, California
Number of Billionaires: 20
Total Net Worth: $49 billion
The Silicon Valley effect is strong here. San Francisco’s billionaires have made their fortunes in technology and venture capital, from early internet pioneers to AI innovators. It’s a city where ideas literally turn into billions overnight.
🇸🇦 20. Riyadh, Saudi Arabia
Number of Billionaires: 20
Total Net Worth: $88 billion
Saudi Arabia’s capital city is a rising financial center, driven by oil wealth and Vision 2030 diversification efforts. Riyadh’s billionaires are key players in energy, real estate, and national development projects.
🇪🇸 19. Madrid, Spain
Number of Billionaires: 21
Total Net Worth: $29 billion
Madrid’s ultra-rich hail largely from fashion, banking, and real estate, including the famous Ortega family, founders of Zara’s parent company, Inditex.
🇹🇼 18. Taipei, Taiwan
Number of Billionaires: 21
Total Net Worth: $43 billion
Taipei’s wealth is built on semiconductors, tech manufacturing, and electronics exports. As the home base of TSMC, Taiwan’s economic crown jewel, the city continues to mint new billionaires in the global tech supply chain.
🇨🇳 17. Shanghai, China
Number of Billionaires: 21
Total Net Worth: $46 billion
Shanghai is China’s financial heartbeat, with fortunes made in finance, real estate, and e-commerce. The city’s billionaires represent both traditional industrial magnates and cutting-edge digital innovators.
🇲🇽 16. Mexico City, Mexico
Number of Billionaires: 21
Total Net Worth: $151 billion
Mexico City’s billionaire elite dominate telecommunications, retail, and banking — none more famous than Carlos Slim Helú, once the world’s richest man. His wealth alone defines much of the city’s billionaire total.
🇨🇭 15. Geneva, Switzerland
Number of Billionaires: 23
Total Net Worth: $50 billion
Geneva, synonymous with discretion and banking, attracts billionaires for its neutral politics, private finance sector, and luxurious lifestyle. Many are foreign nationals who call the lakeside city their part-time home.
🇨🇳 14. Shenzhen, China
Number of Billionaires: 25
Total Net Worth: $58 billion
Once a fishing village, Shenzhen is now China’s Silicon Valley — home to tech giants like Tencent and Huawei. Its billionaires are self-made tech visionaries who’ve redefined China’s digital economy.
🇺🇸 13. Los Angeles, California
Number of Billionaires: 25
Total Net Worth: $62 billion
The entertainment capital of the world breeds billionaires in film, media, real estate, and fashion. From Hollywood moguls to tech crossover investors, LA remains a magnet for creative and corporate wealth.
🇯🇵 12. Tokyo, Japan
Number of Billionaires: 26
Total Net Worth: $71 billion
Tokyo’s billionaires stem from automotive, electronics, and finance industries. Despite Japan’s modest growth, its capital remains one of Asia’s key centers for old corporate wealth and quiet innovation.
🇮🇳 11. Mumbai, India
Number of Billionaires: 28
Total Net Worth: $97 billion
Mumbai is India’s financial heart and home to powerful conglomerates like Reliance Industries and the Tata Group. The city’s billionaires range from energy tycoons to Bollywood royalty and real estate giants.
🇸🇬 10. Singapore
Number of Billionaires: 32
Total Net Worth: $65 billion
A global financial hub and tax haven, Singapore has attracted billionaires from around the world. Its ultra-wealthy include tech founders, investors, and expatriate moguls drawn by the city’s stability and business-friendly environment.
🇫🇷 9. Paris, France
Number of Billionaires: 33
Total Net Worth: $167 billion
Paris radiates luxury — and so do its billionaires. The city is home to fashion and cosmetics dynasties, including Bernard Arnault, CEO of LVMH and one of the richest men on Earth.
🇦🇪 8. Dubai, United Arab Emirates
Number of Billionaires: 34
Total Net Worth: $79 billion
Dubai’s glittering skyline reflects its billionaire residents. Oil money laid the foundation, but today, its wealth comes from real estate, trade, tourism, and technology. The city has become a tax-free playground for global elites.
🇹🇷 7. Istanbul, Turkey
Number of Billionaires: 35
Total Net Worth: $62 billion
Istanbul’s billionaires are industrialists and construction magnates who’ve thrived in Turkey’s booming infrastructure sector. Despite political shifts, the city remains the nation’s economic heartbeat.
🇧🇷 6. São Paulo, Brazil
Number of Billionaires: 36
Total Net Worth: $91 billion
São Paulo is South America’s richest city, with fortunes built on banking, agribusiness, and retail. It’s also home to a growing class of tech investors and luxury developers.
🇨🇳 5. Beijing, China
Number of Billionaires: 37
Total Net Worth: $98 billion
China’s capital has rapidly become a billionaire stronghold, hosting tech and real estate magnates who benefited from the country’s explosive economic growth over the past two decades.
🇬🇧 4. London, United Kingdom
Number of Billionaires: 72
Total Net Worth: $177 billion
London’s blend of finance, property, and international wealth makes it a true global capital for billionaires. Its tax incentives and cosmopolitan culture attract aristocrats, tech moguls, and foreign investors alike.
🇭🇰 3. Hong Kong
Number of Billionaires: 82
Total Net Worth: $343 billion
Despite political unrest, Hong Kong remains one of the richest cities on Earth. Real estate tycoons dominate its billionaire class, though fintech and logistics moguls are increasingly reshaping its economy.
🇷🇺 2. Moscow, Russia
Number of Billionaires: 85
Total Net Worth: $307 billion
Moscow’s wealth is driven by energy, mining, and metals — industries that have powered Russia’s oligarch class for decades. Its billionaires wield immense influence both domestically and abroad.
🇺🇸 1. New York City, USA
Number of Billionaires: 103
Total Net Worth: $354 billion
