Mumbai among 20 cities in the world with most billionaires
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Almost all of the billionaires until recently came either from the United States or other Western cities, but now the picture is changing. When it comes to number of billionaires, cities in the developing world are fast catching up with the developed world.
Let's take a look at 20 cities that have most billionaires in the world.
Source: Business Insider and wealthinsight.com
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Image: A woman carries shopping bags on Oxford Street in London, United Kingdom.
Photographs: Simon Kreitem/Reuters
Mumbai among 20 cities in the world with most billionaires
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New York City
Number of billionaires: 70
Global rank: 1
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Image: Skyline of New York City's Lower Manhattan and One World Trade Center, United States.
Photographs: Eduardo Munoz/Reuters
Mumbai among 20 cities in the world with most billionaires
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Moscow
Number of billionaires: 64
Global rank: 2
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Image: A view of Moscow's Kremlin, Ministry of Foreign Affairs and Moscow City business district in Russia.
Photographs: Anton Golubev/Reuters
Mumbai among 20 cities in the world with most billionaires
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London
Number of billionaires: 54
Global rank: 3
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Image: A view from the London Eye shows the Houses of Parliament in central London, United Kingdom.
Photographs: John Goh/Reuters
Mumbai among 20 cities in the world with most billionaires
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Hong Kong
Number of billionaires: 40
Global rank: 4
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Image: A view of Central District in Hong Kong.
Photographs: Bobby Yip/Reuters
Mumbai among 20 cities in the world with most billionaires
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Beijing
Number of billionaires: 29
Global rank: 5
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Image: A view of Beijing's Central Business District in China.
Photographs: Jason Lee/Reuters
Mumbai among 20 cities in the world with most billionaires
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Mumbai
Number of billionaires: 26
Global rank: 6
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Image: A horse-drawn carriage carrying tourists moves past the Taj Mahal hotel in Mumbai.
Photographs: Danish Siddiqui/Reuters
Mumbai among 20 cities in the world with most billionaires
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Istanbul
Number of billionaires: 24
Global rank: 7
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Image: A view of Istanbul's financial district in Turkey.
Photographs: Murad Sezer/Reuters
Mumbai among 20 cities in the world with most billionaires
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Shanghai
Number of billionaires: 23
Global rank: 8
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Image: A view shows vehicles travelling on intersections at night in downtown Shanghai, China.
Photographs: Aly Song/Reuters
Mumbai among 20 cities in the world with most billionaires
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Paris
Number of billionaires: 22
Global rank: 9
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Image: People walk past the Printemps department store in Paris, France.
Photographs: Charles Platiau/Reuters
Mumbai among 20 cities in the world with most billionaires
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Los Angeles
Number of billionaires: 19
Global rank: 10
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Image: A view of downtown Los Angeles in United States.
Photographs: Mario Anzuoni/Reuters
Mumbai among 20 cities in the world with most billionaires
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Shenzhen
Number of billionaires: 19
Global rank: 11
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Image: Shenzhen Bay Bridge, or the Hong Kong-Shenzhen Western Corridor, in Shenzhen, China.
Photographs: Paul Hilton/Pool/Reuters
Mumbai among 20 cities in the world with most billionaires
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Chicago
Number of billionaires: 15
Global rank: 12
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Image: Ten-year-old Adam Kane, of Alton, Illinois, is interviewed by a television reporter as they stand on 'The Ledge', a five-sided glass box, 1,353ft above the street in Chicago, United States.
Photographs: Frank Polich/Reuters
Mumbai among 20 cities in the world with most billionaires
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Singapore
Number of billionaires: 13
Global rank: 13
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Image: A cyclist rides past the skyline of the Central Business District in Singapore.
Photographs: Edgar Su/Reuters
Mumbai among 20 cities in the world with most billionaires
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Tokyo
Number of billionaires: 12
Global rank: 14
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Image: Mt Fuji, covered with snow, is seen through Shinjuku skyscrapers in Tokyo, Japan.
Photographs: Kimimasa Mayama/Reuters
Mumbai among 20 cities in the world with most billionaires
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Guangzhou
Number of billionaires: 12
Global rank: 15
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Image: The 610-metre high Guangzhou TV & Sightseeing Tower, left, in the southern Chinese city of Guangzhou.
Photographs: Tyrone Siu/Reuters
Mumbai among 20 cities in the world with most billionaires
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San Francisco
Number of billionaires: 11
Global rank: 16
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Image: A view of Dolores Park in San Francisco, California, United States.
Photographs: Robert Galbraith/Reuters
Mumbai among 20 cities in the world with most billionaires
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Dallas
Number of billionaires: 11
Global rank: 17
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Image: A view of 446-foot-high Margaret Hunt Hill Bridge in Dallas, Texas, United States.
Photographs: Mike Stone/Reuters
Mumbai among 20 cities in the world with most billionaires
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Dubai
Number of billionaires: 11
Global rank: 18
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Image: A view of Burj Khalifa, the world's tallest tower, and Dubai Mall in the United Arab Emirates.
Photographs: Ahmed Jadallah/Reuters
Mumbai among 20 cities in the world with most billionaires
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Houston
Number of billionaires: 10
Global rank: 19
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Image: Space shuttle Endeavour, atop Nasa's Shuttle Carrier Aircraft, flies over Houston, Texas, United States.
Photographs: Sheir Locke/Nasa/Handout/Reuters
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