According to the Hurun Global Rich List 2024, the city with the highest number of billionaires in 2024 was New York. In detail, 119 billionaires resided in the American city. Furthermore, 97 billionaires lived in London, while Mumbai had a billionaire population of 92 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 mega-cities. This has as much to do with the location of their wealth, business interests, and further earning potential, as does 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 in recent years. 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, eight of the top ten wealthiest billionaires still came from the United States as of 2024.

A dataset listing New York counties by population for 2024.

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

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.

CO: Rural Population Living in Areas Where Elevation is Below 5 Meters: % of Total Population data was reported at 0.561 % in 2015. This records a decrease from the previous number of 0.571 % for 2000. CO: Rural Population Living in Areas Where Elevation is Below 5 Meters: % of Total Population data is updated yearly, averaging 0.571 % from Dec 1990 (Median) to 2015, with 3 observations. The data reached an all-time high of 0.579 % in 1990 and a record low of 0.561 % in 2015. CO: Rural Population Living in Areas Where Elevation is Below 5 Meters: % of Total Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Environmental: Land Use, Protected Areas and National Wealth. Rural population below 5m is the percentage of the total population, living in areas where the elevation is 5 meters or less.;Center for International Earth Science Information Network - CIESIN - Columbia University, and CUNY Institute for Demographic Research - CIDR - City University of New York. 2021. Low Elevation Coastal Zone (LECZ) Urban-Rural Population and Land Area Estimates, Version 3. Palisades, NY: NASA Socioeconomic Data and Applications Center (SEDAC). https://doi.org/10.7927/d1x1-d702.;Weighted average;

Cities in the United States dominate the list of cities with the highest number of ulta 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 16,630 individuals with a net worth exceeding 30 million U.S. dollars, followed by Hong Kong with 12,545 individuals.

This statistic shows the top ten cities in the world with the largest amount of wealth held by billionaires from the finance and investment industry in 2015. New York had the largest amount of wealth in this regard in 2015, 67 billionaires held a shared total of 287 billion U.S. dollars in wealth.

The number of billionaires in Pakistan is forecast to reach four in 2026. In 2016, there were just three individuals whose net worth exceeded one 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, 144 billionaires lived in China's capital. Furthermore, 121 billionaires resided in Shanghai, while 110 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 COVID-19 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 231.1 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 37.5 billion dollars. In contrast, Facebook founder Mark Zuckerberg’s net worth decreased by nearly 12 billion US dollars during the same time.

This statistic shows the number of the super-rich, or Ultra-High-Net-Worth, persons in the United States in 2014, sorted by city. New York has the largest concentration of super-rich individuals; about 8,655 UHNW (Ultra High Net Worth) people are living in the metro area.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 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.