Wealth is concurrently extra concentrated and extra international than ever earlier than, with billionaires the world over amassing large fortunes.
And, in response to The USA Wealth Report, just lately printed by Henley & Companions in partnership with wealth intelligence agency New World Wealth—which tracks the actions and spending habits of over 150,000 high-net-worth people, specializing in these with over $10 million in investable belongings or holding titles equivalent to founder, chairperson, president, CEO and director—these billionaires largely reside precisely the place you’d count on them to: The U.S. and China. That mentioned, the 20 cities with essentially the most billionaires span 13 distinctive international locations.
The Bay Space, New York and Los Angeles, alongside Shanghai and Beijing make up the highest 5, with Houston and Shenzen falling simply outdoors the highest 10 (Hong Kong is No. 7, however we’re not touching that hornet’s nest). Apparently, the one different nation moreover the U.S. and China to position a number of cities within the high 20 is India, with Mumbai cracking the highest 10 and Dehli sneaking in slightly below the wire at 19.
Listed below are the highest 15 cities with essentially the most billionaires.