Mumbai named Asia's 'billionaire capital' for 1st time, has 92 billionaires as per Hurun list

Mumbai has emerged as Asia's new 'billionaire capital' for the first time, surpassing Beijing, as per the Hurun Global Rich List 2024. Mumbai added 26 billionaires this year, compared to 91 billionaires in Beijing, the list showed. Mumbai's total billionaire wealth stands at $445 billion. Mumbai now ranks third in terms of billionaires after New York.