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Mumbai dethrones Beijing as Asia’s new billionaire epicentre

by Blitz India Media
March 26, 2024
in News
mumbai
Team Blitz India

NEW DELHI: India’s financial hub Mumbai has emerged as ‘Asia’s billionaire epicentre’ for the first time, surpassing Beijing, as per theHunan Global Rich List 2024. According to the list,Mumbai now boasts 92 billionaires, edging past Beijing’s count of 91. While Mumbai added 26 new ultra-rich to the club, Beijing lost 18.

“Mumbai was the fastest-growing billionaire capital in the world, adding 26 in the year and taking it to third in the world and Asia’s billionaire capital. New Delhi broke into the Top 10 for the first time,” the report read.

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Meanwhile, New York has 119 and London 97, as per Hurun’s global rich list. With 271 billionaires, India now stands third globally in terms of billionaire count.

The report said, ”India has had a super strong year, adding almost 100 billionaires. Confidence in the economy grew to record levels. Mumbai overtook Beijing to become Asia’s billionaire capital (for the first time in the history of Hurun list) and the Top 3 cities globally.”

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