New York City was home to the most billionaires in 2022—here's the full list of global cities (2024)

In June, Wealth X released its annual report on the world's billionaire population.

Using RelSci, a data-driven platform, WealthX looked at a database of 11 million influential individuals and 1.8 million organizations to assess and provide insight into where billionaires live based on what they use as their primary business address.

Overall, the report found the top cities ranked were home to 29% of billionaires in 2022.

Almost all of the ones that made the list were major global cities, which proves that the allure of high-end businesses and cultural and lifestyle opportunities remains strong for billionaires.

Top 10 cities around the world with the most billionaires

  1. New York City
  2. Hong Kong
  3. San Francisco
  4. Moscow
  5. London
  6. Beijing
  7. Los Angeles
  8. Singapore
  9. Shenzhen
  10. Mumbai

New York City topped the list with 136 billionaires in 2022.

The city's uber-rich population lost two people from 2021 to 2022, but it's still the global billionaire capital.

New York is home to the world's largest stock markets, New York Stock Exchange and Nasdaq, and is also considered the biggest regional economy in the U.S., according to the report.

Hong Kong is home to 112 billionaires, according to the Wealth X report.

Yang Liu | Corbis Documentary | Getty Images

Like New York, Hong Kong had a similar dip of just 2 billionaires — they now total 112.

According to the Wealth X report, although wealth portfolios were slightly less exposed in Hong Kong to the fluctuating global economy, the region's divided political developments weigh on how attractive it is for billionaires to move their non-financial businesses there.

According to an ECA International survey, Hong Kong is also considered one of the most expensive locations for expats in the world.

San Francisco rounds out the top three. The city is home to 84 billionaires, one less than in 2021.

Although San Francisco lost a billionaire, it saw a growth of 68% in its population of high-net-worth individuals from 2012 to 2022, according to a Henley & Partners report.

Dan Kurtzman | Moment | Getty Images

According to aMarch studyfrom Wealth-X and REALM, there's one ultra-wealthy homeowner in San Francisco for every 505 residents.

Over the last 10 years, San Francisco has become synonymous with Silicon Valley and it was one of the fastest-growing cities in the U.S. in 2022. The tech hub starts in the southern part of the San Francisco Bay Area and also includes other cities such as San Mateo, Santa Clara, San Jose, Palo Alto, Cupertino and Mountain View.

Silicon Valley is home to big companies like Apple, Facebook, Google, Twitter, Nvidia, and more.

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New York City was home to the most billionaires in 2022—here's the full list of global cities (2024)

FAQs

New York City was home to the most billionaires in 2022—here's the full list of global cities? ›

New York City topped the list with 136 billionaires in 2022. The city's uber-rich population lost two people from 2021 to 2022, but it's still the global billionaire capital.

Which US city has the most billionaires? ›

Total billionaires: 110 | Since last year: +9 | Total net worth: $694 billion | Richest resident: Michael Bloomberg ($106 billion) With 110 billionaires—9 more than last year—New York City retains its status as the billionaire capital.

Does NYC have the most billionaires? ›

Hurun Research Institute. In 2024, Hurun Research Institute listed New York City with the most billionaires at 119 people, followed by London with 97 billionaires, and Mumbai in third place with 92 billionaires.

What is the top 10 richest city in the world? ›

10 richest cities in the world!
  • London, United Kingdom. ...
  • San Francisco, USA. ...
  • Shanghai, China. ...
  • Beijing, China. ...
  • Hong Kong, China. ...
  • Singapore. ...
  • Geneva, Switzerland. ...
  • Oslo, Norway. Norway's capital, Oslo, is one of the wealthiest cities in the world, thanks in part to its thriving oil and gas industry.
Mar 27, 2024

Who has the highest number of billionaires in the world? ›

According to the Hurun Global Rich List 2024, China housed the highest number of billionaires worldwide in 2024. In detail, there were 814 billionaires living in China as of January that year. By comparison, 800 billionaires resided in the United States.

Which state has no billionaires? ›

This is a list of U.S. states and federal district by the number of billionaires as of 2023; there are 756 billionaires living in the United States. They live in 43 of the 50 states. The only states with no billionaire residents are Alaska, Delaware, New Hampshire, New Mexico, North Dakota, Vermont, and West Virginia.

Who is the youngest billionaire? ›

Meet World's Youngest Billionaire: Livia Voigt

With a net worth of $1.1 billion, Livia's trajectory into the world of business is undoubtedly noteworthy.

Is California or New York richer? ›

Overall, in the calendar year 2023, the United States' Nominal GDP at Current Prices totaled at $27.360 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($3.8 trillion), Texas ($2.56 trillion), and New York ($2.15 trillion).

Who is the richest person living in New York City? ›

New York's three richest people, according to Forbes. New Yorkers make up 62 of the country's 400 richest people on Forbes' 2023 wealthiest Americans, though just one made the top 10. Former Mayor Michael Bloomberg ranked No. 10 in the nation with a net worth of $93.6 billion.

Why is New York City so rich? ›

New York is the economic capital of the world because many of the largest companies in the world, specifically financial institutions, are headquartered there. Also, New York has the largest and the second-largest stock markets in the world.

What is the 3 richest city in USA? ›

10 Most Richest Cities In USA
RankCityGDP Per Capita
1Washington, D.C.$215,025
2New York City, NY$91,050
3Boston, MA$88,362
4Seattle, WA$86,500
6 more rows
Feb 16, 2024

Which city is very richest? ›

In the United States, New York City is home to 119 billionaires, as stated in the post. The richest city in the world is here. There are two of the biggest stock exchanges in the world.

What are the 5 richest city in USA? ›

10 Richest Cities in the US
  1. 10 Richest Cities in the US (2024) Atherton, CA. ...
  2. Atherton, CA. The richest city in the US is Atherton, California. ...
  3. Cherry Hills Village, CO. Cherry Hills Village is another one of the richest cities in America. ...
  4. Los Altos Hills, CA. ...
  5. Hillsborough, CA. ...
  6. Short Hills, NJ. ...
  7. Highland Park, TX. ...
  8. Scarsdale, NY.
Jan 4, 2024

Who are the six trillionaires? ›

These are the only 6 trillionaires who lived on earth from history who reached the pinnacle of wealth.
  • Genghis Khan. 1206–1227. King of Mongol Empire. ...
  • Zhao Xu. 1048–1085. ...
  • Akbar, The Great. 1542–1605. ...
  • Amenhotep III. 1388–1351 BC. ...
  • Augustus Caesar. 63 BC-14 AD. ...
  • King Solomon. 970–931 BCE. ...
  • Mansa Mousa. 1280–1337.
Jun 30, 2021

Is Taylor Swift a billionaire? ›

Swift's inclusion comes after Forbes declared the singer a billionaire in October 2023 and reported her net worth at $1.1 billion. In a rare feat, Swift is the first musician to reach the milestone solely from songwriting and performing.

Who is the richest female in the world? ›

Francoise Bettencourt Meyers, the heiress to the L'Oréal cosmetics empire, holds the title of the richest woman in the world. Born in 1948, she is the granddaughter of Eugène Schueller, the founder of L'Oréal.

What city has the highest density of billionaires? ›

While New York City is at the top of the list when counting the world's billionaire population, Hong Kong comes out on top when looking at ultra-high net worth population, the report says. Here are the 10 cities across the world where ultra-high net worth people congregate, according to the report.

Which US city has the highest percentage of millionaires? ›

01: New York City

The Big Apple tops the list of American cities with the most high net worth individuals.

What is the wealthiest county in the US? ›

Which county is the richest in the U.S.? Loudoun County, Virginia is the richest county in the U.S. with a median household income of $170,463 .

Which US cities have a lot of millionaires? ›

New York City has 349,500 millionaires, followed by the Bay Area, which includes cities like San Francisco, San Jose, and Oakland, with approximately 305,700 millionaires. Notably, the Bay Area experienced an 82% increase in its millionaire population between 2013 and 2023.

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