Mumbai 12th richest city globally, home to 28 billionaires
Mumbai, the financial capital of the country, is the twelfth-wealthiest city in the world. A recent report released by New World Wealth. It enlisted 15 cities in a list of richest cities around the world. This list is made based on private property (property, cash, equity, businesses) with the exception of public property in the city. Mumbai topped the list of top ten billionaires. The report reveals that there are about 28 billionaires in the city. Mumbai (12th, $ 950 billion), Toronto (13th, 944 billion), Frankfurt (14th, 912 billion dollars), Paris (15th and 860 billion dollars). According to the report, San Francisco, Shanghai, Mumbai and Sydney are among the 15 fastest growing cities in the last 10 years.
New York topped the list with a revenue of $ 3 trillion, followed by London ($ 2.7 trillion), Tokyo ($ 2.5 trillion) and San Francisco ($ 2.3 trillion). Hong Kong ($ 1.3 trillion), Sydney (1 trillion dollars), Singapore ($ 1 trillion), Chicago ($ 988 billion), followed by Beijing ($ 2.2 trillion), Shanghai ($ 2 trillion), Los Angeles ($ 1.4 trillion). India is in the sixth position in the list of the wealthiest countries that recently released by New World Wealth.