“Money alone does not make you unhappy!”
There are now over 2700 billionaires and about 47 million millionaires across the globe. Over a quarter of the world’s billionaires live in the United States. While the number of billionaires fell amid the COVID-19 pandemic in 2020, most of the rich have since regained their fortunes. Here’s the roll call:
Top 20 cities in the world with the most millionaires
Rank | City | Country | Number of millionaires |
1 | London | United Kingdom | 357,200 |
2 | New York | United States | 339,200 |
3 | Tokyo | Japan | 279,800 |
4 | Hong Kong | Hong Kong | 227,900 |
5 | Singapore | Singapore | 217,300 |
6 | San Francisco | United States | 180,300 |
7 | Los Angeles | United States | 173,300 |
8 | Chicago | United States | 135,000 |
9 | Frankfurt | Germany | 128,300 |
10 | Beijing | China | 122,100 |
11 | Osaka | Japan | 117,700 |
12 | Shanghai | China | 117,600 |
13 | Paris | France | 110,900 |
14 | Toronto | Canada | 109,300 |
15 | Zurich | Switzerland | 109,200 |
16 | Seoul | South Korea | 108,100 |
17 | Sydney | Australia | 106,800 |
18 | Geneva | Switzerland | 104,300 |
19 | Mexico City | Mexico | 86,700 |
20 | Munich | Germany | 78,900 |
Source: World Atlas
Top 10 cities in the world with the most billionaires
“Money is not important. But a lot of money is something else.”
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New York: 107 billionaires
Since last year: +8
Total net worth: $640.4 billion
Richest resident: Michael Bloomberg, $82 billion
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Beijing: 83 billionaires
Since last year: -17
Total net worth: $310 billion
Richest resident: Zhang Yiming, $50 billion
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Hong Kong: 68 billionaires
Since last year: -12
Total net worth: $304.6 billion
Richest resident: Lee Shau Kee, $32.6 billion
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London: 66 billionaires
Since last year: +3
Total net worth: $324.1 billion (+$8 billion vs. 2021)
Richest resident: Len Blavatnik, $32.5 billion
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Shanghai: 61 billionaires
Since last year: -3
Total net worth: $187 billion (-$72.6 billion vs. 2021)
Richest resident: Liu Yongxing, $13.2 billion
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Shenzhen: 59 billionaires
Since last year: -9
Total net worth: $286.6 billion (-$128.7 billion vs. 2021)
Richest resident: Ma Huateng, $37.2 billion
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Moscow: 53 billionaires
Since last year: -26
Total net worth: $214.9 billion (-$205.7 billion vs. 2021)
Richest resident : Vladimir Lisin, $18.4 billion
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Mumbai : 51 billionaires
Since last year: +3
Total net worth: $301.3 billion (+$36.3 billion vs. 2021)
Richest resident: Mukesh Ambani, $90.7 billion
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San Francisco: 44 billionaires
Since last year: -4
Total net worth: $160.8 billion (-$29.2 billion vs. 2021)
Richest residents: Brian Chesky and Dustin Moskovitz, $11.5 billion
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Seoul: 38 billionaires
Since last year: +4
Total net worth: $108.3 billion (-$13.8 billion vs. 2021)
Richest residents: Kim Beom-su and Jay Y. Lee, $9.1 billion
Top 10 Countries with the highest number of billionaires
- United States – 724
- China – 698 (626 mainland, 71 Hong Kong, 1 Macau)
- India – 140
- Germany – 136
- Russia – 117
- Hong Kong – 71
- Brazil – 65
- Canada – 64
- United Kingdom – 56
- Italy – 51
Reference: