Which is the wealthiest city in the world

Human Interest. Social Relevance. Healthy Living. The Conversation 0 Start a conversation, not a fire. Post with kindness. Post Comment. Play Quiz. San Francisco saw the biggest year-over-year jump, moving up from No. Mumbai is the biggest loser, dropping from No. It was also the site of one of the biggest, costliest weddings ever, again courtesy of Ambani. He hosted the week-long blockbuster celebration for his daughter Isha and the son of fellow billionaire Ajay Piramal in December One escapee: PayPal cofounder and Trump backer Peter Thiel , who moved to Los Angeles in , reportedly for its greater political diversity.

All those online-purchased items have created a massive package delivery market. London, with more five star hotels than any other city, is a mecca for the uber rich. While 20 Brits call the cosmopolitan city home, 35 expatriate billionaires from 23 countries including India, Iceland and Russia have relocated to London.

Five, including two Ikea heirs, come from high-taxed Sweden, more than any other nation. Tech 17 and real estate 12 are the most popular industries for billionaires in the Chinese capital. Moscow is home to five billionaires sanctioned by the U. The booming market has vaulted the fortunes of developers like Lee Shau Kee and Peter Woo , and 29 Hong Kong billionaires and half of its top-ten richest count real estate as their chief source of wealth.

Shanghai occupied the sixth position in the list even though the city added 18 new billionaires taking its total count to 64 billionaires. London added seven new billionaires this year in spite of facing challenging economic conditions due to Brexit and the Covid pandemic. The city added record 10 billionaires to its list which is now home to 48 billionaires.

Mukesh Ambani, chairman and managing director of Reliance industries is a resident of Mumbai. Reliance Industries raised record capital in the history of corporate India last year by diluting its stake in telecom arm, Reliance Jio to US companies like Google, Facebook, Microsoft, etc. Recently few billionaires have shifted from San Francisco to different places like Miami and Austin thereby changing the narrative of home to tech moguls.

Hangzhou is the fourth Chinese city featuring in this list which toppled Singapore for the number 10 slot. Hangzhou is now home to 47 billionaires. Well, this is what we have in store for you about the top 10 richest cities in the world in Hope you liked the article. So, do you belong to any of the above cities? If yes, head over to our comments section and do let us know if we can improvise the article in any way possible.

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