There are 1,810 billionaires in the world, and they live in 67 different countries. But what cities do they call home?
We tallied the world’s ultra-rich by their place of primary residence and found the top 25 cities with the most billionaires in the world. 14 of those metropolitan areas are in Asia, the U.S. and Europe are tied with six cities each, and South America has one city. How many billionaires are there in your home town?
#25 (Tie) Palo Alto
Billionaire Population: 13
Combined Net Worth: $124.9B
Richest Individual: Mark Zuckerberg ($44.6B)
Tech and startup haven Palo Alto, California, has one of the highest billionaire populations in the world. The city’s 13 billionaire residents have a total net worth of $124.9 billion. It’s also where the world’s sixth-richest man, Mark Zuckerberg (net worth $44.6B) lives. Zuckerberg, who started Facebook in his Harvard dorm room before dropping out, is also one of the youngest billionaires in the world.
#25 (Tie) Geneva
Billionaire Population: 13
Combined Net Worth: $41.5B
Richest Individual: Gennady Timchenko ($11.4B)
Geneva may be known for its Swiss chocolate and watches, but the richest man in the city derives his wealth from oil and gas. Gennady Timchenko is the richest man in Geneva, with a fortune of $11.4 billion. Timchenko, who is a Russian citizen but lives in Geneva, is the founder of Gunvor Group, one of the largest international energy traders. He’s one of 13 billionaires living in the city. Together they have a combined net worth of $41.5B.
#25 (Tie) Chicago
Billionaire Population: 13
Combined Net Worth: $36.6B
Richest Individual: Ken Griffin ($7.5B)
Chicago rounds out a three-way tie with Palo Alto and Geneva for the city with the 25th-lost billionaires in the world. The Windy City’s 13 billionaires have a combined net worth of $36.6 billion. The richest person in the city is Ken Griffin ($7.5B), who founded the hedge fund firm Citadel. Griffin topped the 2016 Forbes list of the highest-earning traders and hedge fund managers, and is also the richest person in the state of Illinois.
#21 (Tie) Dubai
Billionaire Population: 14
Combined Net Worth: $37B
Richest Individual: Majid Al Futtaim ($5B)
Most people know Dubai as the home of the world’s tallest skyscraper, the Burj Khalifa. But real estate also helped put Dubai on the map in terms of billionaire wealth. Four of Dubai’s 14 billionaires derive their wealth from real estate, including the city’s richest man Majid Al Futtaim and his family ($5B). He’s the brother of billionaire Abdulla Al Futtaim ($3.1B), who owns the eponymous holding group that operates malls and grocery stores.
#21 (Tie) Delhi
Billionaire Population: 14
Combined Net Worth: $42.7B
Richest Individual: Shiv Nadar ($11.1B)
Delhi has 14 billionaires, and their combined net worth is $42.7 billion. The Indian capital's billionaires derive their wealth from many sources, including food and beverages, automotive and manufacturing. The richest man in Delhi is self-made tech mogul Shiv Nadar ($11.1B). Nadar is the cofounder of HCL Group, a $7B (revenues) enterprise comprised of four companies that work with technology, information systems, healthcare and training.
#21 (Tie) Bangkok
Billionaire Population: 14
Combined Net Worth: $42.2B
Richest Individual: Charoen Sirivadhanabhakdi ($10.7B)
Billionaires who made their own money or increased their inherited wealth dominate in Thailand. This year, Thai spirits tycoon Charoen Sirivadhanabhakdi saw his fortune drop $2.5 billion on a fall in shares of his Singapore-listed Thai Beverage, best known for Chang beer. In a big move into retail, Charoen recently acquired a majority stake in Big C Supercenter, Thailand's second-largest supermarkets operator, for $3.5 billion.
#21 (Tie) Sao Paulo
Billionaire Population: 14
Combined Net Worth: $54.1B
Richest Individual: Joseph Safra ($17.2B)
Joseph Safra, the world’s richest banker, lives in Sao Paulo. Safra ($17.2B) is the descendant of a banking family from Syria and founded Banco Safra, Brazil’s eighth largest bank. In 2014, he bought the Gherkin building in London for $1.1B including debt. Safra is one of 14 billionaires living in the city. The group of wealthy individuals has a combined net worth of $54.1B.
#20 (Tie) Milan
Billionaire Population: 15
Combined Net Worth: $59.2B
Richest Individual: Leonardo Del Vecchio ($18.7B)
Milan is one of the world's fashion capitals, and a hub for billionaires who get their wealth from that industry. Nine of the Italian city’s 15 billionaires (net worth $59.2B) have fashion and retail fortunes, including the richest man in Milan. Leonardo Del Vecchio ($18.7B) is the founder of Luxottica, the world’s largest maker and retailer of prescription glasses and sunglasses. The company owns Ray-Ban, Oakley, LensCrafters and Sunglass Hut.
#18 (Tie) Guangzhou
Billionaire Population: 16
Combined Net Worth: $38.8B
Richest Individual: Hui Ka Yan ($8.6B)
The richest man in Guangzhou derives his wealth from real estate. Hui Ka Yan ($8.6B) is chairman of the developer Evergrande Real Estate. The company works with commercial and residential properties and hotels. In 2014, Hui sold a 50% stake in his soccer team to Jack Ma of Chinese e-commerce giant Alibaba Group for $192 million. Guangzhou’s 16 billionaires have a total net worth of $38.8B. Seven of them derive their worth from real estate.
#18 (Tie) Dallas
Billionaire Population: 16
Combined Net Worth: $51B
Richest Individual: Andrew Beal ($9.4B)
Dallas, which ties Guangzhou with the world’s 18th-highest billionaire population, has 16 billionaires with a combined net worth of $51 billion. The richest man in the city is Andrew Beal ($9.4B), a college dropout who bought distressed assets during the recession. Beal competed in one of the highest-stakes poker games ever in 2001 and closed the largest real estate deal in Dallas history by purchasing a 25-acre estate for $100 million in 2016.
#17 Hangzhou
Billionaire Population: 17
Combined Net Worth: $60.8B
Richest Individual: Jack Ma ($20.5B)
The richest man in Hangzhou is Jack Ma ($20.5B), founder of e-commerce company Alibaba Group. The firm’s 2014 IPO in New York was the world’s biggest public stock offering. Alibaba is also the world’s largest online retailer, although it's been criticized for selling counterfeit goods. Hangzhou’s 17 billionaires have a total net worth of $60.8 billion. Manufacturing and real estate are the major industries for the city’s billionaires.
#16 Tokyo
Billionaire Population: 18
Combined Net Worth: $62.3B
Richest Individual: Tadashi Yanai ($14.6B)
The man behind Uniqlo is one of the richest individuals in Tokyo. Tadashi Yanai is president and founder of Fast Retailing, of which Uniqlo is a subsidiary. Yanai hopes to be the world’s largest retailer by 2020 (Spain’s Inditex currently holds that title). He and his family are worth $15.4 billion, including the $1 billion fortunes of his two sons. There are 18 billionaires in Tokyo, with a combined net worth of $62.3 billion.
#14 (Tie) Taipei
Billionaire Population: 20
Combined Net Worth: $42.4B
Richest Individual: Terry Gou ($5.6B)
The richest man in Taipei is also the CEO of Hon Hai Precision, also known by its trade name Foxconn. Terry Gou ($5.6B) founded the company that has faced multiple controversies including employee suicides and labor practices. Gou is part of Taipei’s large tech industry that has built the fortunes of three other billionaires. There are 20 billionaires living in the city, with a total net worth of $42.4 billion.
#14 (Tie) Los Angeles
Billionaire Population: 20
Combined Net Worth: $70.7B
Richest Individual: Patrick Soon-Shiong ($11.9B)
In a city bustling with wealthy celebrities, the richest person in Los Angeles is Patrick Soon-Shiong ($11.9B). The billionaire created NantWorks, a company that collects patient data and uses genetic information in the hopes to revolutionize healthcare. Soon-Shiong graduated from high school at the age of 16 and became a doctor by 23. He is one of the 20 billionaires living in L.A. The group has a total net worth of $70.7 billion.
#13 Singapore
Billionaire Population: 21
Combined Net Worth: $54.5B
Richest Individual: Robert & Philip Ng ($7.6B)
Billionaire brothers Robert and Philip Ng ($7.6B) have been busy expanding their real estate empire out of Singapore to Australia. The pair purchased the Westin Sydney hotel and its heritage retail podium for $342 million in 2015. The Ng brothers are the richest people in Singapore. The island city-state has 21 billionaires, worth a combined $54.5 billion.
#12 Paris
Billionaire Population: 22
Combined Net Worth: $147.9B
Richest Individual: Liliane Bettencourt ($36.1B)
The richest woman in Europe currently lives in the capital of France. Liliane Bettencourt, the daughter of L’Oreal founder Eugene Schueller, and her children ($36.1B) own 33% of the cosmetics company. A French court found eight people guilty of swindling the 93-year-old billionaire out of millions of euros in 2015. Twenty-two billionaires, including Bettencourt, live in Paris and have a total net worth of $147.9 billion.
#11 Istanbul
Billionaire Population: 26
Combined Net Worth: $39B
Richest Individual: Murat Ulker ($2.9B)
Chairman Murat Ulker ($2.9B) has big plans for Yildiz Holding, Turkey’s largest food company. Ulker hopes to unite his global assets into a new company that will be restructured by the end of 2016. Ulker is the only billionaire in Istanbul who derives his wealth from the food and beverage industry. The 26 billionaires in Istanbul have a total net worth of $39 billion.
#10 San Francisco
Billionaire Population: 28
Combined Net Worth: $74.5B
Richest Individual: Dustin Moskovitz ($8.9B)
16 of San Francisco’s 28 billionaires derive their wealth from technology. It’s no surprise that the richest person living in the city is also tapped into tech. Dustin Moskovitz ($8.9B) is the CEO and cofounder of workflow software company Asana, but most of his wealth comes from his stake in Facebook. Moskovitz was Zuckerberg’s college roommate and helped launch the site. The 28 billionaires in the city have a total net worth of $74.5 billion.
#8 (Tie) Shenzhen
Billionaire Population: 30
Combined Net Worth: $78B
Richest Individual: Ma Huateng ($16.6B)
The Chinese city of Shenzhen and the Korean capital, Seoul, each have 30 billionaires. However, Shenzhen’s billionaires have a higher combined net worth, $78 billion. Internet tycoon Ma Hauteng ($16.6B) is the richest man in Shenzhen. He cofounded Tencent Holdings, whose subsidiaries include e-commerce, games and social media companies like Tencent QQ, one of the world’s largest instant messaging sites.
#8 (Tie) Seoul
Billionaire Population: 30
Combined Net Worth: $73.9B
Richest Individual: Kun-Hee Lee ($9.6B)
Seoul’s wealthiest man is the chairman of Korea’s largest conglomerate, Samsung Group. Lee Kun-Hee ($9.6B) suffered a heart attack in 2014 and little information about the company’s plan for succession has been released. His son Jay Y. Lee ($6B) serves as vice chairman of Samsung Electronics and wants to make the firm the leading supplier of components for autonomous cars. There are 30 billionaires in Seoul with a total net worth of $73.9B.
#7 Shanghai
Billionaire Population: 31
Combined Net Worth: $66.1B
Richest Individual: Tsai Eng-Meng ($6B)
Rice crackers and spicy peanuts helped build the fortune of Shanghai’s richest individual. Tsai Eng-Meng ($6B) turned his father’s trading company I Lan Foods Industrial into snack giant Want Want China. Tsai also invests in hotels and financial services and has stakes in media properties. He is one of 31 billionaires living in the city. Together, they have a total net worth of $66.1 billion.
#6 Mumbai
Billionaire Population: 32
Combined Net Worth: $115.1B
Richest Individual: Mukesh Ambani ($19.3B)
32 billionaires live in Mumbai, with a combined net worth of $115.1B. Lower oil prices may have hurt some fortunes, but it didn’t dethrone the richest man in the city. Mukesh Ambani’s ($19.3B) shares in the oil and gas firm Reliance Industries took a hit, but didn’t sink. In fact, the firm he chairs will likely resume buying crude oil from Iran after the sanctions are lifted. Reliance Jio launched its 4G services among employees last year.
#5 London
Billionaire Population: 48
Combined Net Worth: $187.7B
Richest Individual: Len Blavatnik ($15.3B)
London is home to 48 billionaires with a total net worth of $187.7 billion. The richest man in London was born in the Ukraine, raised in Moscow and educated in America. Len Blavatnik ($15.3B) made timely investments in aluminum and energy, enduring the 2009 bankruptcy of petrochemical giant LyondellBasell and making a fortune. Blavatnik also invested early in Beats Music and helped finance fashion designer Tory Burch.
#4 Beijing
Billionaire Population: 51
Combined Net Worth: $149.9B
Richest Individual: Wang Jianlin ($28.7B)
Beijing’s richest man is investing in American entertainment companies. Wang Jianlin ($28.7B), the chairman of Dalian Wanda Group, bought film and TV production firm Legendary Entertainment for $3.5 billion. Three years ago, Dalian Wanda bought movie theatre chain AMC Entertainment Holdings for $2.6 billion. Wang is one of 51 billionaires living in Beijing. The total net worth of the billionaires is $149.9 billion.
#3 Moscow
Billionaire Population: 60
Combined Net Worth: $217.6B
Richest Individual: Leonid Mikhelson ($14.4B)
Leonid Mikhelson ($14.4B) began his career as a foreman for a construction company building a gas pipeline in Russia. He now controls the gas-processing and petrochemical company Sibur and is a key shareholder in natural gas provider Novatek. Mikhelson, an avid art collector, is one of 60 billionaires living in the Russian city. The combined net worth Moscow's billionaires is $217.6 billion.
#2 Hong Kong
Billionaire Population: 68
Combined Net Worth: $261.3B
Richest Individual: Li Ka-shing ($27.1B)
Self-made billionaire Li Ka-shing ($27.1B) may be the richest person in Hong Kong, but he spent decades getting there. He and his family fled China during the Sino-Japanese war and he quit school at age 12. He quit his job in a plastics trading firm to start his own business. Li made his fortune from a diversified portfolio that includes interests in ports and telecom. There are 68 billionaires in Hong Kong, with a total net worth of $261.3B.
#1 New York
Billionaire Population: 79
Combined Net Worth: $364.6B
Richest Individual: Michael Bloomberg ($40B)
New York City has more billionaires than any other city in the world. Its 79 billionaires have a combined net worth of $364.6 billion. The richest of that elite group is former New York mayor Michael Bloomberg ($40B). The self-made billionaire returned to his role as CEO of Bloomberg LP after three terms in office, and briefly considered running for President of the United States in 2016.
