List of cities by number of billionaires

There are a number of different lists compiled by various publications around the world attempt to determine the number of billionaires by world's major cities. The best-known estimate is by Forbes.

Forbes

In 2025, Forbes listed New York City with the most billionaires at 123 people, up from 110 people in 2024, when New York was followed by Hong Kong and Moscow, tied at second place, with 74 billionaires, and Mumbai in fourth place with 69 billionaires.^[1]

Rank	City	Country/Territory	Region	Billionaires
1	New York City	United States	North America	123 (2025)
2	Hong Kong	Hong Kong	Asia	74
2	Moscow	Russia	Europe	74
4	Mumbai	India	Asia	69
5	Beijing	China	Asia	63
6	London	United Kingdom	Europe	62
7	Shanghai	China	Asia	54
8	Los Angeles	United States	North America	53
9	Singapore	Singapore	Asia	52
10	San Francisco	United States	North America	50

Hurun Research Institute

In 2025, Hurun Research Institute listed New York City with the most billionaires at 129 people, followed by London with 97 billionaires, and Shanghai in third place with 92 billionaires.^[2]

Rank	City	Country/Territory	Region	Billionaires
1	New York City	United States	North America	129
2	London	United Kingdom	Europe	97
3	Shanghai	China	Asia	92
4	Beijing	China	Asia	91
5	Mumbai	India	Asia	90
6	Shenzhen	China	Asia	85
7	Hong Kong	Hong Kong	Asia	74
8	Moscow	Russia	Europe	69
9	New Delhi	India	Asia	63
10	San Francisco	United States	North America	55

Henley & Partners

Henley & Partners publishes a list detailing the top 50 locations of residence for millionaires, centi-millionaires, and billionaires. The 2025 list of the top locations of residence of billionaires is as follows:^[3]

Rank	City	Country/Territory	Region	Billionaires
1	San Francisco Bay Area	United States	North America	82
2	New York City	United States	North America	66
3	Los Angeles	United States	North America	45
4	Hong Kong	Hong Kong	Asia	40
5	Beijing	China	Asia	38
6	Shanghai	China	Asia	35
7	London	United Kingdom	Europe	33
8	Singapore	Singapore	Asia	30
9	Chicago	United States	North America	25
10	Mumbai	India	Asia	25
11	Moscow	Russia	Europe	23
12	Paris	France	Europe	22
13	Sydney	Australia	Oceania	22
14	Shenzhen	China	Asia	22
15	Toronto	Canada	North America	20
16	Dubai	United Arab Emirates	Asia	20
17	Tokyo	Japan	Asia	18
18	Milan	Italy	Europe	17
19	Miami	United States	North America	17
20	Houston	United States	North America	16
21	Dallas	United States	North America	16
22	Seoul	South Korea	Asia	16
23	Taipei	Taiwan	Asia	16
24	Delhi	India	Asia	16
25	Canton of Geneva	Switzerland	Europe	14
26	Frankfurt	Germany	Europe	13
27	Osaka, Kyoto, and Kobe	Japan	Asia	12
28	Melbourne	Australia	Oceania	12
29	Hangzhou	China	Asia	12
30	Washington, D.C.	United States	North America	12
31	Munich	Germany	Europe	11
32	Seattle	United States	North America	11
33	Vancouver	Canada	North America	11
34	Stockholm	Sweden	Europe	11
35	Canton of Zurich	Switzerland	Europe	10
36	Austin	United States	North America	10
37	Rome	Italy	Europe	9
38	Amsterdam	Netherlands	Europe	9
39	Perth	Australia	Oceania	9
40	Nice to Èze	France	Europe	9
41	Guangzhou	China	Asia	9
42	Tel Aviv and Herzliya	Israel	Asia	9
43	Boston	United States	North America	8
44	Madrid	Spain	Europe	8
45	Vienna	Austria	Europe	7
46	Manchester and Trafford	United Kingdom	Europe	7
47	Berlin	Germany	Europe	5
48	Dublin	Ireland	Europe	5
49	Brisbane	Australia	Oceania	4
50	Lisbon	Portugal	Europe	4