Most billionaires in India live in Mumbai, which has emerged as the leading city for the ultra-wealthy in the country.
Mumbai: India's Billionaire Capital
Mumbai stands out as the primary residence for India's richest individuals. This bustling metropolis hosts a significant concentration of billionaires, underscoring its economic prominence and the opportunities it offers for wealth creation.
Here's a snapshot of Mumbai's standing:
- Number of Billionaires: Mumbai is home to an impressive 386 billionaires.
- Regional Dominance: This substantial number not only places Mumbai at the top in India but also establishes it as the billionaire capital of Asia, surpassing other major economic centers like Beijing.
The city's robust financial infrastructure, diverse industries, and vibrant business ecosystem contribute significantly to its allure for high-net-worth individuals, making it the preferred choice for a majority of India's billionaires.
