Mumbai and Delhi Among World’s Top 10 Billionaire Cities: Hurun Report 2025

• India’s rapid economic rise has propelled Mumbai and New Delhi into the ranks of the world’s top 10 billionaire cities , according to the latest Hurun Research Institute Global Billionaire Cities Report 2025 . The ranking highlights India’s emergence as a global wealth hub, driven by strong entrepreneurship, expanding industries, and increasing global investment influence.

New York and London Lead the Global List

• New York City retained its long-standing position as the world’s billionaire capital , hosting 119 billionaires . Its dominance is underpinned by its role as the centre of global finance and investment , home to major institutions like the New York Stock Exchange (NYSE) and NASDAQ .
• London ranks second with 97 billionaires , continuing to serve as Europe’s financial gateway despite recent global economic fluctuations.

Mumbai Rises to Third Place Globally

• Mumbai , India’s financial powerhouse, climbed to third place worldwide with 92 billionaires , overtaking key Asian cities such as Beijing and Shanghai . The city’s rise is attributed to its thriving financial services , real estate , technology , and media industries . Mumbai’s dynamic stock markets (BSE and NSE), growing startup ecosystem, and strong private equity presence have made it a global centre for wealth creation.
• The surge in Mumbai’s billionaire count underscores India’s expanding middle-class wealth base and the emergence of new-age entrepreneurs in sectors such as fintech, renewable energy, and infrastructure.

New Delhi Enters the Top 10 for the First Time

• New Delhi , the nation’s political and corporate capital , entered the global top 10 list for the first time , ranking ninth with 57 billionaires . The city’s growing wealth concentration reflects its vibrant industrial ecosystem , family-run conglomerates , and increasing presence of technology and service-based enterprises . Delhi’s inclusion signals the country’s broader urban and economic transformation .

Global Billionaire City Rankings (2025)

1. New York (119)

2. London (97)

3. Mumbai (92)

4. Beijing (91)

5. Shanghai (87)

6. Shenzhen (84)

7. Hong Kong (65)

8. Moscow (59)

9. New Delhi (57)

10. San Francisco (52)

Exam-Oriented Facts

• Report: