Where do the richest people in the world live?
Billionaires can be found in over 800 cities around the world, such as places like Feldmeilen to Ezulwini in Switzerland, a small town in Eswatini (formerly known as Swaziland). Nevertheless, in six countries, only 25% of the world’s 3028 billionaires live in ten cities. According to a new Forbes report, these billionaires collectively own $3.3 trillion in combined wealth
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Billionaire 2025 https://t.co/m14mheacva’s city #forbesbillionaires
You are watching: Top 10 Cities with the Most Billionaires in 2025
— Forbes (@forbes) April 7, 2025
New York City is again at the top of the list, with 123 billionaires calling it home. Together they are worth about $759 billion. New York City ranked No. 1 in 2021, except for the past twelve years. Most of New York’s billionaires make money in finance and investment (68 of them), followed by real estate (13) and fashion or retail (12).
Moscow is second on the list, with 90 billionaires, an increase of 16 from the previous year. Their net worth totals approximately $400.9 billion. This growth puts Moscow ahead of Hong Kong, which finished second last year.
Hong Kong is now ranked third with 72 billionaires. It is also one of three Chinese cities in the top ten.
London, which has been on the list in recent years, has seen a rebound. It added nine billionaires, lifting the British capital to fourth place.
Mumbai has abandoned two attractions and is now ranked sixth, with the 67 billionaire worth $349 billion.
Also read: List of the richest celebrities in the world in 2025
Quick insights
- New York ranked first for the 11th time in 12 years.
- Moscow has seen the biggest increase in billionaire residents.
- London, San Francisco and Singapore received ground in 2025.
- Mumbai and Hong Kong declined slightly.
Top 10 Cities By Number of Billionaires
|
rank |
City |
Number of billionaires |
Changes from last year |
Total net assets |
The richest resident |
Wealth ($ b) |
|
1 |
New York City |
123 |
+13 |
$759B |
Michael Bloomberg |
$105B |
|
2 |
Moscow |
90 |
+16 |
$409B |
Vagit Alekperov |
$28.7B |
|
3 |
Hongkong |
72 |
-2 |
$309B |
Li Ka-sun |
$38.9B |
|
4 |
London |
71 |
+9 |
$355B |
Len Blavatnik |
$29.9B |
|
5 |
Beijing |
68 |
+5 |
$273B |
Leiden |
$43.5B |
|
6 |
Mumbai |
67 |
-2 |
$349B |
Mukesh Ambani |
$92.5B |
|
7 |
Singapore |
60 |
+8 |
$259B |
Zhang Yiming |
$65.5B |
|
8 |
San Francisco |
58 |
+8 |
$217B |
Dustin Moskovitz |
$17B |
|
8 |
Shanghai |
58 |
+4 |
$198B |
Colin Huang |
$42.3B |
|
10 |
Los Angeles |
56 |
+3 |
$243B |
Peter Till |
$16.3B |
Decompose city by city
1. New York City
- Total Billionaires: 123
- Total Wealth: $759B
- Richest resident: Michael Bloomberg ($105B)
- Key industries: Finance, Real Estate, Fashion
Famous newcomer:
- Jerry Seinfield ($1.1B)
- Steve Ells – Founder of Chipotle ($1B)
- Marc Lore – Founder of Wonder ($2.8B)
2. Moscow
- Total Billionaires: 90
- Total Wealth: $409B
- Richest resident: Vagit Alekperov ($28.7B)
The biggest jump this year, with 16 new billionaires. Moscow surpassed Hong Kong due to a surge in oil and industrial wealth.
3. Hongkong
- Total Billionaires: 72
- Total Wealth: $309B
- Richest resident: Leeka-Singh ($38.9b)
It fell by 2 billion yuan from last year. Despite this, Hong Kong welcomes such as:
- Justin Sun – Cryptocurrency ($8.5B)
- Yang Qiumei – Inherited from AI Mogul Tang Xiao’ou ($1.6B)
4. London
- Total Billionaires: 71
- Total Wealth: $355B
- Richest resident: Len Blavatnik ($29.9B)
This year it won 9 billionaires, including:
- Peter Preben Wilhelmen ($2.7B), Heir to the Royal Caribbean
5. Beijing
- Total Billionaires: 68
- Total Wealth: $273B
- Wealthy Resident: Lei Jun – Xiaomi CEO ($43.5B)
Newcomer:
- Xu Gaming – Laopu Gold ($8.2B)
- Chen Guodong – Investor ($1.2B)
- Yu Kai – CEO of Horizon Robotics ($2B)
6. Mumbai
- Total Billionaires: 67
- Total Wealth: $349B
- Wealthy Resident: Mukesh Ambani ($92.5B)
Lost 20 billionaires this year. However, 6 new names have been added, including 4 of the Doshi family that runs Waaree Industries.
7. Singapore
- Total Billionaires: 60
- Total Wealth: $259B
- Wealthy Resident: Zhang Yiming – bytedance ($65.5B)
2 spots jumped high. One person (Zhang) accounts for 25% of the city’s total wealth.
8. San Francisco (Bundle)
- Total Billionaires: 58
- Total Wealth: $217B
- Richest resident: Dustin Moskovitz – Facebook Co-founder ($17B)
Seven out of 9 new billionaires are from Anthropic, a fast-growing AI startup.
8. Shanghai (Bundle)
- Total Billionaires: 58
- Total Wealth: $198B
- Rich Residents: Colin Huang – PDD Holdings ($42.3B)
The 5 new immigrants include:
- Du Jinhao – Allist Pharmaceuticals ($1.9B)
- Zhu Weisong – Bloks Group ($1.7B)
10. Los Angeles
- Total Billionaires: 56
- Total Wealth: $243B
- Richest resident: Peter Thiel ($16.3B)
Includes the following celebrities:
- Rihanna ($1.4B)
- LeBron James ($1.3B)
- Arnold Schwarzenegger ($1.1B)
- Kim Kardashian ($1.7B)
❓Do you know?
- Forbes cannot confirm where 40 of the 3028 billionaires live.
- The AI industry has played an important role in creating new billionaires this year.
Only 10 cities own nearly 25% of the world’s billionaires!
Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion