The billionaire elite is concentrated in a few cities around the world, according to the latest report from the Billionaire Census of Wealth–X. This exclusive list of the cities with the most billionaires shows how wealth is concentrated in certain key spots in Asia, the Americas and the Middle East. Although some minor changes were observed between 2021 and 2022, most of these cities maintain a constant population of billionaires.
These are the ten most prominent cities that are home to the wealthiest population in the world:
1) New York:
The Big Apple remains the epicenter of wealth, with 136 billionaires. Although it has lost two members in the last year, New York still leads the list.
2) Hongkong:
This major financial center of Asia is in second place, with 112 billionaires. However, it lost two of its richest members between 2021 and 2022.
3) Saint Francis:
In third place, we find the emblematic city of the Bay, with 84 billionaires. Although it lost one of its richest members, San Francisco maintains a strong presence on the list.
4) Moscow:
The Russian capital takes fourth place and gained a new billionaire in the past year. With a total of 75 billionaires, Moscow remains a major source of wealth.
5) London:
The British capital is in fifth place with 61 billionaires. Although it has lost two members in the past year, London remains an attractive destination for the wealthy elite.
6) Beijing:
The Chinese capital ranks sixth with 61 billionaires. However, it also lost two of its richest members between 2021 and 2022.
7) Los Angeles:
The glamorous Californian city takes seventh place, with 58 billionaires. Although it lost one of its members in the past year, Los Angeles remains a popular destination for the world’s richest.
8) Singapore:
This small but prosperous Asian country has gained four billionaires in the last year, bringing the total to 54. Singapore is establishing itself as an attractive destination for the ultra-rich.
9) Shenzhen:
The Chinese city of Shenzhen ranks ninth, with 42 billionaires. Although it lost two of its richest members, it remains a major benchmark for wealth.
10) Mumbai:
In tenth place we find Mumbai, India, with 39 billionaires. Although it lost one of its members, Mumbai remains a center of wealth in the region.
These ten cities concentrate a large part of the global wealth, but according to the Billionaire Census report, a 3.5% decrease in the number of billionaires was observed globally in 2022. This decrease is attributed to various factors, such as “ a new war in Europe, a generational increase in inflation and the growing tension between the United States and China. The technology, retail, energy, healthcare and transportation sectors were the most affected, experiencing an average equity decline of more than 5% during the year.
Despite this decline, the report emphasizes the growing power and influence of the billionaire class in the global economy. Its ability to generate and mobilize wealth remains significant, despite economic challenges and turmoil.
Although some cities experienced changes in their billionaire population, New York continues to lead the way as the city with the most billionaires, closely followed by Hong Kong and Moscow. Global wealth may fluctuate, but the influence of the billionaire class remains undeniable in the global economy.
The 5 richest people in the world in 2023 are:
1. Bernard Arnault and family
– Net worth: $211 billion
– Source of wealth: LVMH
– Age: 74 years
– Nationality: France.
2. Elon Musk
– Net worth: $180 billion
– Source of wealth: Tesla, SpaceX
– Age: 51 years
– Nationality united states.
3. Jeff Bezos
– Net worth: $114 billion
– Source of wealth: Amazon
– Age: 59 years
– Nationality united states.
4. Larry Ellison
– Net worth: $107 billion
– Source of wealth: Oracle
– Age: 78 years
– Nationality united states.
5.Warren Buffett
– Net worth: $106 billion
– Source of wealth: Berkshire Hathaway
– Age: 92 years
– Nationality united states.
Source-www.infobae.com