Mumbai Becomes Asia's Billionaire Capital on Global Rich List from td ameritrade app for microsoft Watch Video

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✓ Published: 28-Mar-2024

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Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.<br/>NBC reports that Mumbai has become the Asian <br/>capital with the highest number of billionaires, <br/>dethroning Beijing at the top of the exclusive list. .<br/>NBC reports that Mumbai has become the Asian <br/>capital with the highest number of billionaires, <br/>dethroning Beijing at the top of the exclusive list. .<br/>According to the Hurun Research Institute's <br/>global rich list, India's financial capital <br/>registered 92 billionaires in 2024. .<br/>Beijing comes in just below Mumbai with <br/>91 billionaires, and Shanghai rounds out <br/>the top three with a total of 87 billionaires.<br/>Beijing comes in just below Mumbai with <br/>91 billionaires, and Shanghai rounds out <br/>the top three with a total of 87 billionaires.<br/>The top of the list globally is New York <br/>with 119 billionaires, followed by <br/>London with a total of 97. .<br/>The top of the list globally is New York <br/>with 119 billionaires, followed by <br/>London with a total of 97. .<br/>According to the report, there are a total <br/>of 3,279 billionaires globally in 2024, <br/>an increase of 5% compared to 2023. .<br/>NBC reports that China as a whole still has the <br/>most billionaires overall with 814 in 2024, but <br/>the country lost 155 billionaires compared to 2023. .<br/>China had a bad year. <br/>Wealth creation in China has gone <br/>through deep changes these last few <br/>years, with the wealth of billionaires <br/>from real estate and renewables down, Hurun Research Institute's global rich list report, via NBC.<br/>The United States comes in second with <br/>800 billionaires, and India registered <br/>a distant third place with 271.<br/>The United States comes in second with <br/>800 billionaires, and India registered <br/>a distant third place with 271.<br/>According to the report, artificial intelligence <br/>played a significant role in increasing the <br/>number of ultra wealthy people in the U.S. .<br/>Whilst [Nvidia CEO] Jensen Huang <br/>has grabbed many of the headlines <br/>as Nvidia broke through the $2 trillion <br/>mark, catapulting him into <br/>the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.<br/>Whilst [Nvidia CEO] Jensen Huang <br/>has grabbed many of the headlines <br/>as Nvidia broke through the $2 trillion <br/>mark, catapulting him into <br/>the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.<br/>... the billionaires behind Microsoft, <br/>Google, Amazon, Oracle and Meta <br/>have seen significant surges in <br/>their wealth as investors bet <br/>on the value generated by AI, Hurun Research Institute's global rich list report, via NBC