Not Just Financial Capital, Mumbai Is Asia's Billionaire Capital!

Maharashtra's capital city Mumbai is the financial capital of the country. No city comes close to it when it comes to investments and development. Some of the rich people in the country hail from Mumbai like Mukesh Ambani and others. Now the financial capital added another feather to its cap.

Every year we see the city adding new billionaires. This year as many as 26 billionaires were added to the list from the city making the count to 93. With this Mumbai emerged as the billionaire capital in Asia by beating Beijing, the capital of Dragon country China.

If we look at the global picture Mumbai is at the 3rd position with New York and London at the first and second positions with 119 and 97 billionaires respectively.

In total the worth of the billionaires is quite high. The report says that the worth of these rich personalities is as much as $445 billion. Mukesh Ambani ($115 billion) and Adani Group chairman Gautam Adani ($86 billion) are in the top two seats.

The details were gathered by Hurun Global Rich List 2024 which said that there are as many as 271 billionaires in the country with the entry of 94 more people. Mumbai alone saw 26, the highest. The national capital Delhi also entered the top 10 list in Asia for the first time.

It has to be mentioned here that India has been seeing more rich people since 2013 across the fields and sectors. Almost every year we see new names to the list. But 2024 made wonders in this with additional numbers.

What makes the Indian market diverse is that there are billionaires who are from various sectors. There are 39 billionaires from the Pharma sector while there are over 20 billionaires from the automobile sector.