25% Of The Richest People In The World Live In These 10 Cities

Where do the richest people live?

When you’re a billionaire you have the choice to make your home anywhere in the world. Yet, 25% of the richest people in the world live in one of the ten following cities. Do you know which? And who’s the top earner in each metropolis?

10. Seoul (South Korea)

South Korea’s capital gets into the top 10 for the first time since 2019, with a total of 38 billionaires. Four more than in 2021.

Lee Jae Yong, Seoul’s high-earning heir

Samsung heir Lee Jae Yong, who also serves as Vice Chairman of the tech corporation, is worth an estimated 7 billion US euros.

9. San Francisco (USA)

44 of the top wealthiest live and work in the iconic Californian metropolis of San Francisco, four less than the year before. Among them are the three founders of Airbnb.

Dustin Moskovitz, the tech giant of San Francisco

Internet mogul Dustin Moskovitz is, once more, the wealthiest guy in town with an estate of 11.5 billion US dollars. Moskovitz is known to have been one of the founders of Facebook, along with Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, and Chris Hughes.

8. Mumbai (India)

The second-most populous metropolis in India ties with San Francisco by housing 51 billionaires, a step up from 48 accounted for in 2021.

Mukesh Ambani, Mumbai’s supreme mogul

Mukesh Ambani is the chairman, CEO, and major shareholder of Reliance Industries, India’s largest private enterprise. With a fortune north of 90 billion US dollars.

7. Moscow (Russia)

Given the invasion of Ukraine, it’s no surprise that Moscow lost the biggest number of billionaires than any other city on this list. Top earners in Russia’s capital went from 79 to 53.

Vladimir Lisin, Moscow’s top tycoon

Vladimir Lisin, the chairman of steel manufacturer NLMK Group is Moscow’s richest person with a worth of about 8 billion US dollars.

6. Shenzhen (China)

China has been hit hard by the pandemic, but still remains strong in this list. Shenzhen, nicknamed “The Chinese Silicon Valley” in southern Guangdong, lost 9 billionaires since 2021 for a total of 59.

Ma Huateng, Shenzhen’s major moneymaker

Shenzhen’s highest-earning resident is tech businessman Ma Huateng, with just shy of 37 billion US dollars in the bank.

5. Shanghai (China)

Shanghai, China’s financial hub, finished in 5th place with 63 billionaires.

Liu Yongxing, Shanghai’s highest trader

Liu Yongxing, the chairman of agriculture and chemicals firm East Hope Group, is the wealthiest man in China’s main port with 13.2 billion US dollars.

4. London (UK)

Great Britain’s capital lands in 4th place after being in the 7th spot in 2021. Old London Town has a total of 66 top-earners.

Len Blavatnik, London’s regal moneyman

The wealth of philanthropist, investor, and entrepreneur Len Blavatnik is valued at 32.5 billion US dollars, making him the richest man in London.

3. Hong Kong (China)

The modern metropolis of Hong Kong remains in the third spot with 68 billionaires, despite having 12 less than in 2021.

Li Ka-Shing, Hong Kong’s top magnate

Entrepreneur and financier Li Ka-Shing is the former chairman and CEO of Cheung Kong Property Holdings Limited, where he’s currently senior advisor and a major shareholder. Li’s worth is estimated circa 32.6 billion US dollars.

2. Beijing (China)

Beijing ranks second after getting to the top spot in 2021. 17 billionaires moved out from China’s capital, now leaving a total of 83.

Zhang Yiming, the richest local of China’s capital

Zhan Yiming, the founder of the popular social media platform TikTok, is the wealthiest man in Beijing with a fortune that surpasses 50 billion US dollars.

1. New York City (USA)

New York returns to the top, after gaining new billionaires in 2021. In total, 107 billionaires have a bite from the Big Apple.

Michael Bloomberg, king of New York

Michael Bloomberg, mayor of New York City between 2002 and 2013, continues at the top with 82 billion US dollars in the bank.

Source: The Daily Digest