Imagine you were a billionaire, which cities would you choose to live in, remote areas or bustle metropolitan ones? Some may choose the world’s financial centers with gourmet restaurants, nightclubs, and favorable tax breaks. Certainly, such places are attractive and suitable for billionaires. Where billionaires go, the luxuries follow and centers of finance and culture welcome them. It is undeniable that New York and London are home to the largest number of billionaires. Hong Kong is the most populous city for Asian billionaires while Mumbai is home to the richest billionaires. Let’s discover more about other cities with largest number of billionaires.
Dallas, Texas
Dallas, the third-largest city in Texas and the ninth-largest in the United States, had a population of 1.3 million as of 2009. This southern city is closely linked to T. Boone Pickens, Ray Lee Hunt, Mavericks owner Mark Cuban, H. Ross Perot, Top Chef\'s Tom Colicchio and sushi maestro Nobu Matsuhisa.
Number of billionaires: 15
New York
New York, the most populous city in the United States and one of the most populous metropolitan areas in the world, is home to 71 billionaires with big names in business like chief executive officer of News Corporation Rupert Murdoch and Donald Trump, the Chairman and CEO of the Trump Organization, a real estate developer. This city exerts a powerful influence on global commerce, media, culture, finance, fashion, education, and entertainment.
Number of billionaires: 71
London, U.K.
Airline and media magnate Richard Branson, steel baron Lakshmi Mittal, and cheap chic clothier Philip Green live in England’s capital of the strong pound. The Duke of Westminster, the U.K.’s richest citizen possesses huge swath of London’s most valuable land.
Number of billionaires: 36
San Francisco, Calif.
Well-known technology tycoons including Google founder Larry Page, PayPal founder and early Facebook investor Peter Thiel, Ray Dolby, inventor of the noise reduction system live in this northern California.
Number of billionaires: 19
Hong Kong
Hong Kong, one of the two special administrative regions of the People\'s Republic of China, is also home to the greatest number of billionaires of any Asian city. Li Ka-shing, whose company sold a stake in an Indian mobile group for $11 billion, was the wealthiest man in this area.
Number of billionaires: 30
Tokyo, Japan
Tokyo, Japan was home to Yoshiaki Tsutsumi, the richest man in the world in 1987. Masayoshi Son who ranked 221 among The World’s Richest People in 2006 and chief executive of Suntory Ltd Nobutada Saji live there.
Number of billionaires: 15
Istanbul, Turkey
Istanbul has attracted visitors all over the world for its unparalleled beauty and cultural richness. This Turkish city is also home to billionaires. Mehmet Emin Karamehmet whose fortune reaches $4.3 billion is the wealthiest billionaire in this Turkish city.
Number of billionaires: 34
Mumbai, India
Mumbai is the most populous city in India and the largest metropolitan city of India. It is also home to 20 richest billionaires with an average net worth of $7.6 billion. Anil Ambani, chairman of Reliance Anil Dhirubhai Ambani Group, and Anil’s elder brother Mukesh Ambani live there. Mukesh is building a 27-story house at a reported cost of $2 billion.
Number of billionaires: 20
Related links:
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Cities With Largest Number of Billionaires