According to the Hurun Global Rich List 2025, the city with the highest number of billionaires in 2025 was New York. In detail, *** billionaires resided in the American city. Furthermore, ** billionaires lived in London, while Shanghai had a billionaire population of ** individuals. New York was the only city in the world with more than 100 billionaires that year. Mega-cities of the world A large number of the world’s billionaires are concentrated in a select number of the world’s megacities. This has as much to do with the location of their wealth, business interests, and further earning potential as it does with the quality of life in those cities. A look at the most significant industries in the global billionaire production line helps to explain the prominence of the traditional capitals of global business, including New York, London, and Hong Kong. The place of many Chinese cities on the list can in part be explained by the strong performance of industrial conglomerates from the country recently. Economic growth in China While New York is the city with the highest number of billionaires, China now boasts the most billionaires of any country in the world. However, ***** of the top ten wealthiest billionaires still came from the United States as of 2025.

A dataset listing the richest zip codes in New York per the most current US Census data, including information on rank and average income.

A dataset listing New York counties by population for 2024.

Cities in the United States dominate the list of cities with the highest number of ultra-high net worth individuals (UHNWI) in 2023. This comes as no surprise, as it is the country with the highest number of UHNWIs. New York had ****** individuals with a net worth exceeding ** million U.S. dollars, followed by Hong Kong with ****** individuals.

In 2021, the per capita income in San Francisco city was at 80,383 U.S. dollars. San Francisco was followed in this regard by Seattle and Washington, D.C. The most populated cities in the U.S. are ranked by per capita income in this statistic. While New York, New York had the highest population, San Francisco had the highest per capita income in 2021. The median household income in San Francisco in 2020 was 119,136 dollars, the highest among the most populated cities in the United States.

In 2023, ******* individuals with net assets of at least ** million U.S. dollars were residing in the *************, by far the highest number of any country. By comparison, *****, which had the second highest number of ultra high net worth individuals (UHNWIs), had less than 100,000 individuals with assets amounting to ** million U.S. dollars or more.Place of residence of ultra high net worth individuals The residency of almost half of the world’s ultra high net worth individuals in the United States explains the dominance of North America in regard to the number of ultra high net worth individuals by region. Hong Kong was the city with the most UHNWIs in 2022, followed by New York, London, and Los Angeles. Source of wealth and gender differences A majority of the world's UHNWIs are self-made. However, looking at billionaires, there is a clear difference between men and women; whereas a majority of billionaire men were self-made, a majority of the women had inherited their fortune.

The number of billionaires in Pakistan is forecast to reach **** in 2026. In 2016, there were just ***** individuals whose net worth exceeded *** billion U.S. dollars in Pakistan.

Leading billionaire cities

According to the Hurun Global Rich List 2022, Beijing had the most billionaires in 2022. In total, *** billionaires lived in China's capital. Furthermore, *** billionaires resided in Shanghai, while *** were in New York. Many of the world's billionaires are concentrated in a few megacities. A look at the primary industries of billionaires globally helps to explain the importance of traditional global business capitals such as New York, London, and Hong Kong. The inclusion of Chinese cities on the list can be explained partly by the country's industrial conglomerates' strong performance in recent years.

The effect of ******** on the wealth of billionaires

Elon Musk was the billionaire whose fortune grew the most due to the COVID-19 pandemic. From September 2019 to September 2022, Elon Musk increased his net worth by ***** billion US dollars. Google’s Larry Page added the second highest value to his net worth during the period under consideration, with an increase of **** billion dollars. In contrast, Facebook founder Mark Zuckerberg’s net worth decreased by nearly ** billion US dollars during the same time.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.