India Shines: Mumbai and Delhi Make World’s Billionaire City List

India’s economic growth has propelled its metropolitan hubs onto the global billionaire map. According to the latest Hurun Research Institute report, Mumbai and New Delhi have joined the ranks of the world’s top 10 billionaire cities, signaling India’s increasing influence in wealth creation and entrepreneurship.

New York Retains the Top Spot

The report confirms that New York City remains the world’s billionaire capital with 119 billionaires.

• The city’s status as a financial epicentre is reinforced by its world-leading stock markets, including the New York Stock Exchange (NYSE) and NASDAQ.
• London follows with 97 billionaires, maintaining its reputation as Europe’s major economic hub.

Mumbai Ranks Third Worldwide

Mumbai, India’s financial and commercial capital, has climbed to 3rd place globally, hosting 92 billionaires.

• Surpasses major Asian cities like Beijing and Shanghai.
• Booming sectors include financial services, stock markets, real estate, and technology.
• The city is a magnet for ultra-high-net-worth individuals.

Delhi Breaks Into the Top Ten

• New Delhi, India’s political and business capital, has entered the top ten billionaire cities for the first time, ranking 9th with 57 billionaires.
• Growth driven by entrepreneurs, industrialists, and family-run conglomerates.
• Reflects broader urban transformation and the rise of private enterprise in India.

Global Billionaire City Rankings 2025

The top ten billionaire cities globally for 2025 are,

1. New York – 119 billionaires
2. London – 97 billionaires
3. Mumbai – 92 billionaires
4. Beijing – 91 billionaires
5. Shanghai – 87 billionaires
6. Shenzhen – 84 billionaires
7. Hong Kong – 65 billionaires
8. Moscow – 59 billionaires
9. New Delhi – 57 billionaires
10. San Francisco – 52 billionaires

Key Facts

• Mumbai ranks 3rd globally with 92 billionaires.
• New Delhi ranks 9th globally with 57 billionaires.
• New York leads with 119 billionaires, followed by London with 97.
• Other top billionaire cities include Beijing, Shanghai, Shenzhen, Hong Kong, Moscow, and San Francisco.
• Inclusion of two Indian metros highlights India’s growing wealth ecosystem, driven by entrepreneurship, digital innovation, and global investment.