Mumbai Billionaire Capital:The country’s financial capital Mumbai has now become the home of billionaires. Mumbai has snatched away the status of Asia’s Billionaire Capital from Beijing. According to Hurun Global Rich List 2024, currently 92 billionaires live in Mumbai. For the first time in history, Mumbai has left Beijing behind. These billionaires of our Mumbai are continuously increasing their wealth. On the other hand, the condition of neighboring China is bad. The wealth of the rich there is continuously decreasing.
27 new billionaires added to Mumbai city
According to Hurun Rich List, 27 new billionaires have been added to Mumbai city. On the other hand, in Beijing this number is only 6. The increasing number of billionaires in India is being linked to the country’s strengthening economy. The whole world has recognized India’s growing economic strength. India has come second in the world in terms of the number of new billionaires. The name of Reliance Industries Chairman Mukesh Ambani has come at the top of the list. He is the richest man in Asia. India’s economic dominance has been confirmed by Mukesh Ambani’s name being included in the list of the world’s top rich.
If India’s wealth increased, China’s wealth decreased
Trends of wealth growth between India and China are seen to be completely opposite. According to the report, there has been a decline in the wealth of 573 billionaires of China. At the same time, this trend was seen in India with only 24 billionaires. Despite global economic challenges, India’s total wealth has increased by 51 percent compared to last year. The wealth of Mumbai has also increased by 47 percent whereas in Beijing the same figure has decreased by 28 percent. This has further strengthened Mumbai’s place among the cities of Asia. The average wealth of India’s billionaires is only 3.8 billion dollars and that of China is only 3.2 billion dollars.
Mumbai’s progress graph is going up rapidly
Anas Rehman Junaid, Founder and Chief Researcher of Hurun India, said that the progress graph of Mumbai is going up rapidly. The Global Rich List 2024 confirms this. India is rapidly moving towards becoming the third largest economic power in the world. India’s billionaires are also making their full contribution in this journey.
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