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Home World This Indian City Mumbai Overtakes Beijing To Become ‘Billionaire Capital Of Asia’ Check Top 10 Cities

This Indian City Mumbai Overtakes Beijing To Become ‘Billionaire Capital Of Asia’ Check Top 10 Cities

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Mumbai noticed a rise of 58 billionaire people, taking its complete to 386 on the listing (File)

New Delhi:

India’s monetary capital Mumbai has emerged because the “billionaire capital of Asia,” having extra billionaires than Beijing, the capital of China, in accordance with the 2024 Hurun India Wealthy Checklist.

Mumbai noticed a rise of 58 billionaire people, taking its complete to 386 on the listing.

“Residence to 25% of the listing – Mumbai is just not solely the billionaire capital of Asia, overtaking Beijing but in addition the popular metropolis for Hurun India Wealthy Listers, adopted by New Delhi and Hyderabad,” the Hurun listing knowledge acknowledged.

Among the many high cities of residence of Hurun India Wealthy Listers 2024, Mumbai is adopted by Delhi, which has added 18 new billionaires, taking its wealthy listing entries to 217.

In the meantime, Hyderabad took a major leap and surpassed Bengaluru, for the primary time, to take the third place within the variety of rich residents, The Financial Occasions reported.

A surge of 17 new billionaires took the whole quantity in Hyderabad to 104, adopted by Bengaluru on the fourth place with 100 rich people.

Amongst different cities within the high 10 are Chennai (82), Kolkata (69), Ahmedabad (67), Pune (53), Surat (28) and Gurugram (23).

‘Asia’s billionaire epicentre’

In March this 12 months, the Hurun International Wealthy Checklist 2024 famous that Mumbai has surpassed Beijing to emerge as “Asia’s billionaire epicentre”.

As per the listing, Mumbai is dwelling to 92 billionaires, edging previous Beijing’s depend of 91. Notably, India’s monetary capital added 26 new ultra-rich people having a complete wealth of $445 billion to the membership, whereas China’s capital metropolis misplaced 18.

“Mumbai was the fastest-growing billionaire capital on the earth, including 26 within the 12 months and taking it to 3rd on the earth and Asia’s billionaire capital. New Delhi broke into the Prime 10 for the primary time,” the sooner report acknowledged.

Now, Mumbai is in third place globally when it comes to billionaires, behind New York (119) and London (97).

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