10 cities with the most billionaires in the world in 2026 – with India on the list

Around the globe, some cities have become magnets for billionaires, people whose wealth influences sectors such as technology, finance, real estate, and manufacturing. These cities have robust financial systems, capital, and connectivity that make them the best locations for billionaires. The following list follows US dollar billionaires around the globe, not only tracking the richest people but also the cities that have become centers of wealth creation around the world.
This ranking comes from the Hurun Global Rich List 2025, which remains the most current global billionaire city list heading into 2026 — as Hurun typically publishes its city-level wealth data annually and has not yet released a separate 2026 edition at the time of the latest reporting.

New York City continues to dominate as the world’s billionaire capital. As home to Wall Street, global hedge funds, private equity giants and major multinational headquarters, NYC remains the epicentre of financial wealth. Aside from finance, billionaires in this country also come from the property, media, fashion, and tech industries. The presence of a robust capital market infrastructure and international network of investors makes the city a magnet for ultra-high net worth individuals.

London is still the wealth hub of Europe, despite the economic challenges it has faced in the past few years. The city’s billionaire base spans finance, global commodities, luxury brands, property empires and international investments. Its role as a global financial centre, coupled with deep ties to emerging markets and Middle Eastern capital, sustains its position among the world’s richest cities.

Shanghai has firmly established itself as China’s commercial and financial powerhouse. The city’s billionaires largely come from advanced manufacturing, technology, e-commerce, pharmaceuticals and infrastructure. Its rapid industrial growth and strong domestic consumer market continue to drive wealth creation, allowing it to rival Western financial capitals.

Beijing remains a critical centre for technology and innovation in China. The city is home to many of the country’s most influential tech founders, AI companies, internet giants and large conglomerates. Although there have been changes in the regulations affecting the tech industry in China over the past few years, Beijing still has one of the largest numbers of billionaires in the world.

Mumbai, India’s financial hub, has been steadily climbing the ranks of the world’s wealthiest cities. The city’s billionaire network is fueled by its diversified conglomerates, pharmaceuticals, financial services, infrastructure, and energy industries. The economic success of India, together with the evolution of its capital markets and the rising spirit of entrepreneurship, has allowed Mumbai to close the gap with other major international financial hubs.

Shenzhen, China, also known as China’s Silicon Valley, is a breeding ground for technology and hardware startups. Many of its billionaires are entrepreneurs who have established electronics, telecom, EV, and semiconductor companies. The fact that Shenzhen was a fishing village just a few decades ago and has since emerged as one of the world’s preeminent tech hubs is a reflection of its remarkable ability to create wealth.

Hong Kong remains an important international financial hub connecting China and the rest of the world. Its billionaires are mainly involved in real estate, finance, logistics, and international trade. Despite geopolitical and regulatory challenges, the city remains one of Asia’s most important wealth centres.

Moscow’s billionaire base is heavily concentrated in energy, metals, mining and heavy industry. The city has long been Russia’s financial and corporate headquarters hub. Although sanctions and geopolitical tensions have affected Russian wealth flows, Moscow still maintains a significant billionaire population.

Another major wealth hub that has emerged is the capital region of India. The billionaires in this region are mainly connected with infrastructure, telecom, real estate, manufacturing, and diversified family businesses. The emergence of New Delhi as a major wealth hub, along with Mumbai, underlines the importance of India in the global creation of wealth.

The San Francisco Bay Area, also known as Silicon Valley, is still inextricably linked with technology wealth. Most of the billionaires in this region are either founders or early investors in technology, social media, AI, venture capital, and software companies. Innovation-driven entrepreneurship is still creating new wealth in this region.