India shining: THESE five Indian cities rank among the world's wealthiest | City-wise number of billionaires in India (2024)

India shining: THESE five Indian cities rank among the world's wealthiest | City-wise number of billionaires in India (1)

India shining: These five Indian cities rank among the world's wealthiest | Full list of billionaires in major Indian cities

Photo : IANS

New Delhi: Mumbai has emerged as India's richest city with 60,000 high-net-worth individuals (HNIs). Ranked 21st globally, Delhi and Bengaluru have also followed Mumbai and are listed among cities with the highest number of centi-millionaires and billionaires. World’s Wealthiest Cities Report 2023 released by Henley and Partners, Mumbai is the 21st wealthiest city in the world with 59,400 millionaires, 238 centi-millionaires and 29 billionaires. Delhi, the second wealthiest Indian city, ranks 36th on the list and has 30,200 millionaires, 121 centi-millionaires and 16 billionaires. India's silicon valley Bengaluru has 12,600 millionaires, 50 centi-millionaires and eight billionaires.

Interestingly, Hyderabad has 11,100 millionaires, 40 centi-millionaires and five billionaires. In the western city of Kolkata, there are 12000 millionaires, 49 centi-millionaires and seven billionaires. In what throws light on the competition faced by the Indian cities on the global front, New York is the richest city in the world with 3.4 lakh millionaires, 724 centi-millionaires and 58 billionaires. Tokyo, London and Singapore are among other wealthiest cities in thw world.

India growth, startups behind the rise: Expert

In terms of rate of growth, Bengaluru's wealth grew at a whopping 88 per cent rate between 2012-2022. this is followed by Hyderabad, where the number of millionaires grew at a 78 per cent growth rate over the decade, followed by Delhi (70 per cent), Mumbai (65 per cent) and Kolkata (60 per cent).

Commenting on the report, Lovaii Navlakhi of International Money Affairs said that the development could result from the overall India-growth story and the rise in the number of startups in the country.

India shining: THESE five Indian cities rank among the world's wealthiest | City-wise number of billionaires in India (2024)

FAQs

India shining: THESE five Indian cities rank among the world's wealthiest | City-wise number of billionaires in India? ›

The financial capital of India and home to India's richest billionaires, Mumbai is the wealthiest city in the country. It ranked on the 21th spot in the Henley & Partners World's Wealthiest Cities List 2023.

Which Indian city has the most billionaires? ›

The financial capital of India and home to India's richest billionaires, Mumbai is the wealthiest city in the country. It ranked on the 21th spot in the Henley & Partners World's Wealthiest Cities List 2023.

Which city has the highest numbers of millionaires and billionaires in India? ›

New Delhi : Mumbai has emerged as India's richest city with 60,000 high-net-worth individuals (HNIs). Ranked 21st globally, Delhi and Bengaluru have also followed Mumbai and are listed among cities with the highest number of centi-millionaires and billionaires.

Which city has the most billionaires? ›

New York City was atop the list of the world's wealthiest cities with 340,000 millionaires. San Francisco's Bay Area beat NYC in the list of billionaires with 63. Texas and Florida battled Asia for the fastest-growing amount of high-net-worth individuals.

Which is the 5 richest state in India? ›

Top 10 Richest States in India 2023 List
  • Maharashtra.
  • Tamil Nadu.
  • Gujrat.
  • Karnataka.
  • Uttar Pradesh.
  • Andhra Pradesh.
  • Telangana.
  • West Bengal.
May 21, 2023

Which city is the wealthiest city in India? ›

Mumbai, the wealthiest city in the nation, serves as India's financial centre and is the residence to many of the country's billionaires.

Why Mumbai is called richest city in India? ›

Mumbai is today India's primary financial centre, housing both major Indian stock exchanges (the Bombay Stock Exchange and the National Stock Exchange, which are the 9th and 10th largest stock exchanges in the world by market capitalization), brokerages, asset management companies (including the majority of Indian ...

How many Indian billionaires are in the top 10? ›

  • May 10, 2023, 09:58 AM IST. 10 Richest Indian Billionaires 2023. ...
  • Mukesh Ambani. Mukesh Ambani retained his title of Asia's richest person. ...
  • Gautam Adani. ...
  • Shiv Nadar. ...
  • Cyrus Poonawalla. ...
  • Lakshmi Mittal. ...
  • Savitri Jindal. ...
  • Dilip Shanghvi.
May 10, 2023

Is Mumbai the richest city in the world? ›

New York City topped a new list of the world's wealthiest cities in 2023, with Japan's Tokyo and Silicon Valley's Bay Area claiming the second and third spots. Mumbai featured at #21 while Delhi, Bengaluru, Kolkata and Hyderabad too found a mention.

Where do most billionaires live in USA? ›

Three of the four biggest clusters of billionaires in the world are classic US destinations for the uberwealthy: New York City, Los Angeles, and the Bay Area, which includes the neighboring tech hubs of San Francisco and Silicon Valley. Nearly 163 billionaires reside in those three hot spots alone.

What is the richest city in the United States? ›

1. Atherton, CA. The richest city in the US is Atherton, California. It has a median household income of $450,690, which is almost seven times higher than the average American household income of $69,021.

What city in the US has a lot of millionaires? ›

New York City wears the crown as the world's top city with the most millionaires in 2023.

Where do wealthy Indians live in India? ›

Mumbai is the financial capital of India and is also home to the maximum number of wealth creators of the country with over 280 of the richest Indians residing in the city that is also known as the 'City of Dreams'.

Where do most Indian billionaires live? ›

Mumbai, the financial capital of India, is also home to the maximum number of billionaires in the country. According to the 2023 M3M Hurun Global Rich List, 66 of India's 187 billionaires live in Mumbai.

What is the rank of India in billionaires in world? ›

As per the data, India is home to 169 billionaires--the third-highest in the world. Whereas America tops the list with 735 billionaires, followed by China with 495 billionaires.

Is India the 7th richest country? ›

The ranking of India as one of the top 10 wealthiest countries in the world is largely because of its large population. India is the seventh wealthiest country in the world. It figures among the 10 wealthiest countries, with a total individual wealth of $ 5,600 billion.

Why is Kerala so rich? ›

The Kerala Economy is therefore largely dependent on trade in services and resulted remittances. In 2012, the state was the highest receiver of overall remittances to India which stood at Rs. 49,965 Crore (31.2% of the State's GDP), followed by Kerala, Punjab and Uttar Pradesh.

Is Punjab the richest state in India? ›

History. Punjab ranked first in GDP per capita amongst Indian states in 1981 and fourth in 2001, but has experienced slower growth than the rest of India, having the second-slowest GDP per capita growth rate of all Indian states and UTs between 2000 and 2010, behind only Manipur.

What are the top 3 richest cities of India? ›

Jump To
  • 5 Indian Cities Make It To The List.
  • Mumbai- 59,400 millionaires.
  • Delhi- 30,200 millionaires.
  • Bengaluru- 12,600 millionaires.
  • Kolkata- 12,100 millionaires.
  • Hyderabad- 11,100 millionaires.
  • More About The Report.
Apr 19, 2023

Which is the No 1 city in India? ›

Bangalore city is ranked number one among India's best cities to live in in 2022. Bangalore is famous for its IT infrastructure, startup and traffic too.

Which is the 7th richest city in India? ›

With an estimated GDP of $69 billion, Pune is the seventh-richest city in India.

Is New York richer than Mumbai? ›

New York has as many as 345,600 millionaires. NEW DELHI: New York is the world's wealthiest city with the largest number of resident billionaires while Dubai, Mumbai, and Shenzhen are emerging as the wealthiest cities of the future, according to a report from investment advisory firm Henley & Partners.

Is India is a rich country? ›

India has GDP per capita of $2,200. In 2021, India was ranked 145th in a list of 193 countries for which data was available. India was placed above Kenya and below the Solomon Islands.

Why is Mumbai called slum? ›

During the late nineteenth century, Mumbai's encounter with the industrial revolution resulted in the emergence of a kind of habitat that was unfit for humans as it was devoid of civic services like water and drainage and termed a 'slum'.

Who is the 1 richest Indian? ›

Billionaires list: These are the top 10 richest Indians
  • Mukesh Ambani. Net worth: $83.4 Billion | Source of wealth: Diversified | City: Mumbai. ...
  • Gautam Adani. ...
  • Shiv Nadar. ...
  • Cyrus Poonawalla. ...
  • Lakshmi Mittal. ...
  • Savitri Jindal. ...
  • Dilip Shanghvi. ...
  • Radhakishan Damani.
Apr 7, 2023

Who is the No 1 richest person in India? ›

Rank 1 | Mukesh Ambani | Net worth: $82 billion | With a wealth of $82 billion, Mukesh Ambani of Reliance Industries overtakes Gautam Adani to bag the richest Indian title.

Who is called rich in India? ›

48% of people who took the survey feel that having a net worth between 2-10 crores is necessary to be called RICH, with some even saying that the threshold should be set at 50 or even 100 crores. Let's forget about crores for a moment – what if your net worth is just $100,000 or approximately Rs.

Is Mumbai India wealthy? ›

Mumbai (Bombay) is called the home of billionaires, where the number of rich people is three times more than the number of billionaires living in Bangalore or Delhi. Around 66 billionaires live here in Mumbai, which is almost one third of the total number of billionaires in the country.

Is Mumbai India a rich city? ›

Mumbai emerges as India's richest city with 59,000 millionaires; ranked 21st globally. The world has around 5.6 crore millionaires who control more than half of the global wealth while representing less than a percentage of the population.

Is Delhi richer than Mumbai? ›

Mumbai, touted to be India's financial capital, is also the country's millionaire capital with 20,300 millionaire households, said the report. Meanwhile, Delhi and Kolkata followed the list with 17,400 and 10,500 millionaire households respectively.

How many billionaires are in the USA? ›

Number of Billionaires by Country
#CountryNumber of Billionaires (2023)
1United States of America735
2People's Republic of China495
3India169
4Germany126
72 more rows

Which US states have no billionaires? ›

They live in 42 of the 50 states. The only states where you won't find a billionaire are Alabama, Alaska, Delaware, New Hampshire, New Mexico, North Dakota, Vermont, and West Virginia.

Who is No 1 richest person in the world? ›

Bernard Arnault

Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world. According to Forbes, Arnault has a fortune of $217.9 billion.

Is New York the richest city in America? ›

In investment migration consultancy Henley & Partners' newly released World's Wealthiest Cities Report 2023, New York “is the financial center of the USA and the wealthiest city in the world by several measures.”

What are the 5 richest cities in America? ›

These Are the 10 Wealthiest Cities in the United States:
  • Palo Alto, California.
  • Newton, Massachusetts.
  • Milpitas, California.
  • Bethesda, Maryland.
  • San Ramon, California.
  • Mountain View, California.
  • Sunnyvale, California.
  • Fremont, California.
May 22, 2023

What is considered the richest city in the world? ›

New York City came in at no. 1 on the list. The report found that from 2012 to 2022, the city had a 40% growth in its population of high-net-worth individuals. According to Henley & Partner's report, NYC is home to 340,000 individuals worth over $1 million, 724 centi-millionaires, and 58 billionaires.

Which US state has most millionaires? ›

Which State Has the Most Millionaires? New Jersey has the highest rate of millionaires, with 9.76% of households showing a net worth of $1 million or above. That means that 246,058 New Jersey households are millionaires.

How many millionaires are in the US by state? ›

List
RankStateNumber of millionaire households
1California1,147,251
2Texas650,216
3New York570,456
4Florida496,971
47 more rows

What is the best state to be a millionaire? ›

Comparing all US states across a range of factors, we can reveal that the best place to live if you want to become a millionaire is New Hampshire. With an overall index score of 80.733, you're more likely to hit a seven-digit net worth here than in any other US region.

What is India's No 1 city? ›

The financial capital of India and the capital of Maharastra is the most populated city in India. Mumbai has a population of over 12.7 million, with a population density of 21,000 per square kilometer.

Which city is no 1 for living in India? ›

Summing Up: Most Livable Cities in India

In the 2022 list, Bangalore secured first position, followed by Pune, Ahmedabad, Chennai, Surat, Navi Mumbai, Coimbatore, Vadodara, Indore and Greater Mumbai. Cities are judged based on culture and environment, stability, health, infrastructure and education.

Which is the No 1 growing city in India? ›

Mumbai is the No. 1 city to live in India with its growing economy, infrastructural development and the land of Bollywood stars.

Who is the most powerful city in India? ›

With an estimated GDP of $310 billion, Mumbai ranks number one in the list of the richest cities in India.

What are the 4 most important city in India? ›

The icons of India, home for rich heritage and culture are the four metropoliton cities Delhi, Mubai, Bangalore and Kolkata.

Which is the safest city in India? ›

As of 2022, the National Crime Records Bureau (NCRB) claims that Kolkata is the safest city in India. It has less crime rate compared to other metropolitan cities. Which are the safest cities in India for women? Coimbatore, Chennai, Kolkata, Kochi, Mumbai, Bangalore, Pune, etc are some of the safest cities for women.

Where do the rich live in India? ›

Mumbai is the financial capital of India and is also home to the maximum number of wealth creators of the country with over 280 of the richest Indians residing in the city that is also known as the 'City of Dreams'.

Which is the best place to live in India after retirement? ›

Chandigarh. The city makes it to the top list easily due to its smart urban planning and having a proper balance with nature. The cost of transport is low and monthly rent for 2/3 BHK varies between $250-$400 (Rs 30,000-50,000). The weather and air quality are good and the city has a safe environment.

Which is India's most expensive city for living? ›

According to Mercer's 2023 Cost of Living survey, which includes 227 cities from across five continents, Mumbai, positioned at 147 in the global ranking, retains the top spot as India's most expensive city for expats, while Hong Kong topped the global chart.

Which city is best for job in India? ›

If you're looking for a job, these are the top 10 cities that are hiring right now:
  • Chandigarh. Year-On-Year Growth: 53% ...
  • Bangalore. Year-On-Year Growth: 47% ...
  • Coimbatore. Year-On-Year Growth: 40% ...
  • Chennai. Year-On-Year Growth: 38% ...
  • Mumbai. Year-On-Year Growth: 37% ...
  • Pune. Year-On-Year Growth: 25% ...
  • Kolkata. ...
  • Delhi-NCR.

Which Indian city is growing fastest? ›

India's high-tech industry city Bengaluru is projected to be the fastest-growing city in the Asia-Pacific region in 2023 followed by Hyderabad, according to Oxford Economics, an independent economic advisory firm.

What religion spread the fastest? ›

Studies in the 21st century suggest that, in terms of percentage and worldwide spread, Islam is the fastest-growing major religion in the world.

Which city is most advanced in India? ›

Ans: Mumbai is considered to be the most advanced city in India as it is the financial capital of the market of the country. Q2: Which city is the cleanest city in India? Ans: Noida is the cleanest city in India. Q3: Which top 10 cities are high-tech cities in India?

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