10 cities with the most billionaires in 2023! 10 cities with the most billionaires! List of cities by number of billionaires! What city has the most billionaires? What is the 10 richest city? Forbes announced the cities with the most billionaires. In the billionaire struggle between China and the USA, China was the winner for the top 10 cities.
Announcing those at the top of the world in terms of wealth, Forbes announced the cities with the most billionaires this time. In Forbes’ “Cities with the Most Billionaires 2023” list, Chinese metropolises were seen in the majority.
Only two cities in the USA, the country with the most billionaires, managed to enter the top 10. But the leading city on the list was New York City with a total of 101 billionaires. Shanghai and Beijing ranked third and fourth on the list.
What city has the most billionaires? What is the 10 richest city? 10 cities with the most billionaires in 2023! List of cities by number of billionaires!
1. New York City
- Country: United States
- Number of billionaires: 101
- Total wealth of billionaires: $616.8 billion
- Richest person in town: Michael Bloomberg ($94.5 billion)
- City population: 8.4 million
New York is the first of the 10 cities with the most billionaires in 2023. Despite the net loss of six billionaires since last year, New York is still the billionaire capital. Not only is it home to the most members of the three-comma club, it’s also the richest billionaire city – $208 billion richer than the second Paris in terms of the combined wealth of its billionaire residents. Almost a quarter of the city’s wealth is concentrated between its richest reigning citizen, Michael Bloomberg (estimated net worth: $94.5 billion) and the second-richest, Julia Koch ($59 billion).
2. Hong Kong
- Country: People’s Republic of China Hong Kong Special Administrative Region
- Number of billionaires: 70
- Total wealth of billionaires: $286.8 billion
- Richest person in town: Lee Shau Kee ($29.5 billion)
- City population: 7.4 million
Hong Kong is the second of the 10 cities with the most billionaires in 2023. Hong Kong has moved up one spot to second place on the list with net earnings of two billionaires this year. Two names made the list, taking advantage of China’s reopening after the Covid-19 pandemic and an increase in travel demand. These are Zhao Tongtong ($1.3 billion), co-founder of hotel chain operator H World Group, and Lawrence Ho ($1.2 billion), who controls the Melco Resorts casinos.
3. Beijing
- Country: China
- Number of billionaires: 68
- Total wealth of billionaires: $247.2 billion
- Richest person in town: Zhang Yiming ($45 billion)
- City population: 21.5 million
China’s capital city was number one on the list in 2021, dropped to number two in 2022 and is now in third place. Zhang Yiming, founder of ByteDance, owner of TikTok, remains the city’s richest citizen, despite being $5 billion poorer than last year.
4. Shanghai
- Country: China
- Number of billionaires: 65
- Total wealth of billionaires: $181.9 billion
- Richest person in town: Colin Zheng Huang ($30.2 billion)
- City population: 26.3 million
Shanghai residents who entered the billionaires’ club this year include Tang Rui, founder of autonomous driving startup ZongMu Technology, Chen Yin, president of garden and DIY tools company Greenworks, and Lyu Yixiong, CEO of Shanghai Chicmax Cosmetic. Colin Zheng Huang, founder of e-commerce giant PPD Holdings (formerly Pinduoduo), is now the richest citizen in the city after increasing his fortune by $18.9 billion to an estimated $30.2 billion.
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5. London
- Country: England
- Number of billionaires: 63
- Total wealth of billionaires: $294.9 billion
- Richest person in town: Len Blavatnik ($32.1 billion)
- City population: 8.9 million
Among the 10 cities with the most dollar billionaires, London fell from fourth place last year to fifth this year. Charles Dunstone, founder of telecommunications company Carphone Warehouse, and Denis Sverdlov, founder and CEO of Russian electric vehicle startup Arrival, are no longer in the billionaires’ club. . The city’s only new billionaire is Alexander Gerko ($5 billion), a Russian who founded algorithmic trading firm XTX Markets and reaped huge dividends in 2022.
6. Moscow
- Country: Russia
- Number of billionaires: 61
- Total wealth of billionaires: $307.1 billion
- Richest person in town: Vladimir Potanin ($23.7 billion)
- City population: 11.9 million
Among the names on the list are Roman Trotsenko ($3.2 billion), owner of Aeon Corporation, which operates more than 20 airports in Russia; pipe manufacturers Anatoly Sedykh ($1.8 billion) and Dmitry Pumpyansky ($1.7 billion); and Sergei Katsiev ($1.6 billion). Vladimir Potanin ($23.7 billion), the owner of Russia’s largest tobacco products seller, replaced Vladimir Lisin as the richest person in the city.
7. Mumbai
- Country: India
- Number of billionaires: 56
- Total wealth of billionaires: $276.4 billion
- Richest person in town: Mukesh Ambani ($83.4 billion)
- City population: 13 million
Mukesh Ambani remains the richest resident of the city, with a fortune of $83.4 billion, making up 30 percent of the city’s total billionaire wealth. Mumbai’s new wealthy include mall magnate Atul Ruia ($1.2 billion) and Abhay Soi ($1.2 billion), head of Max Healthcare Institute, India’s second-largest listed hospital by revenue.
8. Shenzhen
- Country: China
- Number of billionaires: 54
- Total wealth of billionaires: $246 billion
- Richest person in town: Ma Huateng ($35.3 billion)
- City population: 12.5 million
The city of Shenzhen, which was in sixth place last year, has dropped two places this year to eighth place. Five billionaires suffered net losses, including property mogul Huang Shih Tsai ($840 million) and Ren Zhengfei ($851 million), president of telecom hardware firm Huawei Technologies. The richest person in the city is still Ma Huateng, CEO of internet giant Tencent.
9. Singapore
- Country: Singapore
- Number of billionaires: 46
- Total wealth of billionaires: 133.3 billion dollars
- Richest person in town: Goh Cheng Liang ($14.3 billion)
- City population: 5.5 million
Singapore has risen to the top of the rankings this year with its new billionaires. Goh Cheng Liang, owner of the world’s fourth largest paint producer, ranks first among Singapore’s wealthiest people with an estimated net worth of $14.3 billion. Rejoining the list is Min-Liang Tan, founder of electronics company Razer. First-time arrivals include Michael Kum ($1 billion), a hospitality empire spanning nine hotels in Europe and Asia, and Loo Choon Yong ($1 billion), which has more than 100 health clinics in Singapore.
10. Delhi
- Country: India
- Number of billionaires: 37
- Total wealth of billionaires: $116.4 billion
- Richest person in town: Shiv Nadar ($25.6 billion)
- City population: 17 million
Two net gains have become Delhi’s new billionaires, including Manohar Lal Agarwal ($1 billion), who runs Delhi-based Haldiram Snacks, and Saroj Rani Gupta ($1.2 billion), co-founder of APL Apollo tubes. The richest citizen of the city is Shiv Nadar ($25.6 billion), co-founder of HCL Technologies, one of India’s largest software service providers.
10. San Francisco
- Country: United States
- Number of billionaires: 37
- Total wealth of billionaires: $114.2 billion
- Richest person in town: Brian Chesky ($9.3 billion)
- City population: 815 thousand
The world of technology is shaking and the cracks at its core are starting to show. Home to Silicon Valley and the ultra-rich of the tech scene, San Francisco has lost a net seven billionaires this year. The fortunes of Doordash co-founders Stanley Tang and Tony Xu fell to $843 million and $940 million, respectively. The city’s wealthiest resident is still Airbnb co-founder Brian Chesky.
