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Mumbai among 20 cities in the world with most billionaires
Last updated on: May 10, 2013 19:50 IST
Image: A woman carries shopping bags on Oxford Street in London, United Kingdom.
Photographs: Simon Kreitem/Reuters
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: Skyline of New York City's Lower Manhattan and One World Trade Center, United States.
Photographs: Eduardo Munoz/Reuters
New York City
Number of billionaires: 70
Global rank: 1
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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
Moscow
Number of billionaires: 64
Global rank: 2
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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
London
Number of billionaires: 54
Global rank: 3
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Image: A view of Central District in Hong Kong.
Photographs: Bobby Yip/Reuters
Hong Kong
Number of billionaires: 40
Global rank: 4
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Image: A view of Beijing's Central Business District in China.
Photographs: Jason Lee/Reuters
Beijing
Number of billionaires: 29
Global rank: 5
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Image: A horse-drawn carriage carrying tourists moves past the Taj Mahal hotel in Mumbai.
Photographs: Danish Siddiqui/Reuters
Mumbai
Number of billionaires: 26
Global rank: 6
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Image: A view of Istanbul's financial district in Turkey.
Photographs: Murad Sezer/Reuters
Istanbul
Number of billionaires: 24
Global rank: 7
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Image: A view shows vehicles travelling on intersections at night in downtown Shanghai, China.
Photographs: Aly Song/Reuters
Shanghai
Number of billionaires: 23
Global rank: 8
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Image: People walk past the Printemps department store in Paris, France.
Photographs: Charles Platiau/Reuters
Paris
Number of billionaires: 22
Global rank: 9
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Image: A view of downtown Los Angeles in United States.
Photographs: Mario Anzuoni/Reuters
Los Angeles
Number of billionaires: 19
Global rank: 10
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Image: Shenzhen Bay Bridge, or the Hong Kong-Shenzhen Western Corridor, in Shenzhen, China.
Photographs: Paul Hilton/Pool/Reuters
Shenzhen
Number of billionaires: 19
Global rank: 11
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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
Chicago
Number of billionaires: 15
Global rank: 12
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Image: A cyclist rides past the skyline of the Central Business District in Singapore.
Photographs: Edgar Su/Reuters
Singapore
Number of billionaires: 13
Global rank: 13
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Image: Mt Fuji, covered with snow, is seen through Shinjuku skyscrapers in Tokyo, Japan.
Photographs: Kimimasa Mayama/Reuters
Tokyo
Number of billionaires: 12
Global rank: 14
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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
Guangzhou
Number of billionaires: 12
Global rank: 15
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Image: A view of Dolores Park in San Francisco, California, United States.
Photographs: Robert Galbraith/Reuters
San Francisco
Number of billionaires: 11
Global rank: 16
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Image: A view of 446-foot-high Margaret Hunt Hill Bridge in Dallas, Texas, United States.
Photographs: Mike Stone/Reuters
Dallas
Number of billionaires: 11
Global rank: 17
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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
Dubai
Number of billionaires: 11
Global rank: 18
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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
Houston
Number of billionaires: 10
Global rank: 19
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Image: People ride horses along a main avenue in the financial centre of Sao Paulo during World Car Free Day in Brazil.
Photographs: Paulo Whitaker/Reuters
Sao Paulo
Number of billionaires: 10
Global rank: 20