Leading billionaire cities 2020

This statistic shows the leading cities with the most billionaires in 2020. In 2020, Beijing topped the list with a billionaire population of 110.

A ranking of the richest individuals in the United States can be accessed here.

Additional information on where billionaires choose to live

Once one reaches the status of a billionaire he has the freedom to live wherever he likes, within reason. Yet despite this, 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 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 in recent years.

The dominance of these mega-centers has begun to be questioned by impressive economic growth in China. Not only is Beijing now home to the most billionaires of any city, but the country itself now boasts the most billionaires of any country in the world. However, seven of the top ten wealthiest billionaires still came from the United States as of 2019.

Leading cities with the most billionaires in 2020

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Source

Release date

February 2020

Region

Worldwide

Survey time period

2020

Supplementary notes

Billionaire refers to U.S. dollar billionaire.

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