August 1, 2021

The 15 cities in the world where the most billionaires live – International

Michael Bloomberg is New York's richest man

Michael Bloomberg is New York’s richest man (© ANGELA WEISS / AFP)

Where do the richest people on the planet live? According to the report on billionaires from the firm Wealth-X, there are more and more of them in New York or London and less and less in Paris, Hong Kong and Singapore.

(BFM Immo) – How many billionaires are there in the world and where have they taken up residence? This is what reveals the latest study by the American firm Weath-X, which claims to have the most complete global database on this population that cultivates secrecy. According to the report published in early May for the year 2018, their number and their fortune have fallen significantly in one year. They are 2,604 billionaires (in dollars) on the planet (-5.4% over one year) and have 8.652 billion dollars (-7% compared to 2017). Among them, 773 billionaires, or 29.5% of the workforce, live in just 15 cities around the world.

>> Estimate the price of your property with our free simulator

Where is Paris located? The capital, which was in 14th position last year (with 31 billionaires), is no longer in this ranking while, again according to Wealth-X, the number of billionaires is increasing in France by 1.9%. In the ranking by country, France has gained a place to come 10th with 55 billionaires who apparently live less and less in Paris.

15th: Tokyo (29 billionaires)

In 2018, Tokyo lost a billionaire and has only 29 left. The Japanese metropolis is in 15th place. The richest billionaires is Tadashi Yanai (70), president of Fast Retailing, Uniqlo’s parent company. His fortune is estimated at $ 25.7 billion. He is ahead of Masayoshi Son (61), founder and main shareholder of SoftBank, and Hiroshi Mikitani (54), founder and chairman of Rakuten.

14th: Hangzhou (31 billionaires)

Hangzhou is the hometown of Jack Ma, founder and boss of Alibaba, who still lives there. He is the richest of the 31 billionaires in the Chinese city. She loses a billionaire, but quickly progressed. In 2016, she was not in the Wealth-X report.

13th: Istanbul (32 billionaires)

The Turkish capital has lost 4 billionaires to return to 32 ultra-rich, as in 2015. Murat Ülker (60), managing director of the food conglomerate Yıldız Holding, is ranked 369th world fortune. But with an estimated heritage of 4.4 billion dollars, it is now the richest in the city and the country. In 2011, he was in 4th place with $ 2.8 billion.

12e : São Paulo (29 billionaires)

São Paulo is one of the most expensive cities in the world, in a country where the number of great fortunes is maintained. It is also the only one in the ranking. Billionaires are used to traveling there by helicopters to avoid traffic jams. Jorge Paulo Lemann, 77, who lives there, is also Brazil’s richest man. He is the founder of the 3G Capital investment fund, long a benchmark shareholder of the Kraft Heinz group and the Burger King chain.

11th: Shenzhen (37 billionaires)

The cumulative fortune of the 37 billionaires (-2 over one year) of the city of Shenzhen exceeds 190 billion dollars. The richest of them is Ma Huateng (47), CEO of Tencent, with nearly $ 40 billion. He is one of the few ultra-rich in the city to have studied. Most are self-taught like Hui Ka Yan, the second richest resident, who worked in a factory in the city before becoming one of China’s leading real estate developers.

9th tie: Dubai (38 billionaires)

Dubai is nicknamed the billionaire’s paradise. The city has become a popular spot for the global jetset. The youngest billionaire is 15 years old with $ 2 billion. Rasheed is the son of Ahmed Saif Belhasa (53), a businessman who owns numerous companies in various sectors such as energy, transport, commerce, real estate, advertising, technology and education. Her son has a zoo to receive stars from all over the world. His hobby: sneakers. His collection of 200 pairs is valued at $ 450,000.

9th tie: Bombay (38 billionaires)

Bombay lost one place and ended up in 9th place tied with Dubai. But the totality of their fortune, more than 184 billion dollars, is much greater than that of the great cumulative fortunes of San Francsico or Shanghai. The richest man in the city is also the richest in the country. This is the businessman Mukesh Ambani (62) who has a personal fortune of over 50 billion. He lives with his family in a 27-story tower that is considered the most expensive private accommodation in the world. His fortune is estimated at 23.9 billion dollars.

7th tied: Singapore (39 billionaires)

Singapore is also one of the most expensive cities in the world. If the number of millionaires continues to grow, the city-state lost 5 billionaires between 2017 and 2018. The richest in the country are Robert and Philip Ng (60 and 41) with 12.1 billion dollars. These two brothers are the head of the Far East Organization, a real estate company founded by their father, Ng Teng Fong, in 1934.

7th tie: Los Angeles (39 billionaires)

Two billionaires less in Los Angeles in one year. There could have been three, but Peter Thiel, co-founder of PayPal and donor to Donald Trump, decided to leave San Francisco last year for the City of Angels. The richest in town is Patrick Soon-Shiong (66), a native of South Africa with Chinese origins, whose personal fortune is estimated at $ 7.1 billion. This doctor has invested in biotechnology and the media. Last year he bought the Los Angeles Times.

6th: Beijing (55 billionaires)

Beijing fell back but remained in the top 10. In 2016, according to the ranking of the Hurun Institute, the Chinese capital was home to 94 billionaires and ranked ahead of New York and Hong Kong. In the Wealth-X ranking for 2018, the Chinese capital has only 55 (-2 over a year). At the head of the city’s wealthiest, Wang Jianlin (64), boss of Dalian Wanda Group, a conglomerate bringing together activities in tourism, hotels and cinema.

5th: London (65 billionaires)

Brexit does nothing, London continues to attract billionaires. It is the city of the ranking which progresses the most with three great fortunes more than in 2017. For Forbes, the British capital is the “Mecca of the richest”. Only about 20 of these billionaires are British. The rest are expatriates from 23 countries, mainly India, Iceland and Russia. The wealthiest in town is Mikhail Maratovich Fridman (55), co-founder of the private Russian bank Alfa Bank.

4th: Moscow (70 billionaires)

In one year, Moscow won a billionaire. The Russian capital attracts them. Eight out of ten billionaires who live in Russia reside there. At the head of this community, Leonid Mikhelson (63) with 23.6 billion dollars. The latter is the boss and main shareholder of the Russian gas company Novatek.

3rd: San Francisco (75 billionaires)

Contrary to what one might think, the leaders of the largest companies in Silicon Valley do not live there. Mark Zukerberg lives in Palo Alto and the Jobs family in San Jose. But that does not prevent San Francisco from ranking far ahead of Los Angeles. According to Forbes, the richest in town is Dustin Moskowitz ($ 11.1 billion) who helped found Facebook. At 35, he is one of the youngest billionaires in the world.

2nd: Hong Kong (87 billionaires)

With 87 billionaires resident in 2018, Hong Kong has six fewer than in 2017. Their fortune is based in particular on real estate with prices soaring every year. Promoters are among the top 10 fortunes of the city. In the lead, Li Ka-shing (90) with an estimated fortune of $ 31.7 billion.

1st: New York (105 billionaires)

New York remains in the lead and above all, it is one of the four cities where the number of billionaires increased between 2017 and 2018. They are more numerous in this city than in the majority of the countries of the world, “except China and Germany, ”the report says. Most were born there. The richest of them is Michael Bloomberg (77), whose fortune stands at $ 55.5 billion.

Pascal Samama for BFM Immo