Vaisakhi Offer- Use Code VAISAKHI24

Register Now

In Hurun Research's list, Mumbai has emerged as Asia's new billionaire hub, overtaking Beijing

Published on March 27, 2024
Current Context: The Hurun Global Rich List 2024, released by the Hurun Research Institute on March 26, 2024, provides a comprehensive snapshot of the world’s billionaires in US dollars.
In Hurun Research's list, Mumbai has emerged as Asia's new billionaire hub, overtaking Beijing
  • Here are some key findings from the report:
    • The list features 3,279 billionaires worldwide, an increase of 5% from the previous year.
    • The total wealth of these billionaires has grown by 9%, reaching a staggering US$15 trillion.
    • The USA added 109 billionaires to a total of 800, while China, despite a decrease of 155 billionaires, still leads with 814.
    • India is third with 271 billionaires, up by 84, marking the second-highest rise after the USA.
    • The UK overtook Germany to the fourth spot with 146 billionaires.
    • Elon Musk is the richest person in the world for the third time in 4 years, with a net worth of US$231 billion.
    • Mukesh Ambani of Reliance added US$33 billion to keep the title of 'Richest Person in Asia’.
    • Gautam Adani’s wealth rose 62% to 15th place in the world with US$86 billion.
    • Mumbai overtook Beijing to become Asia’s billionaire capital for the first time and broke into the world’s top 3.
    • New York took back the status of billionaire capital of the world for the first time in 7 years, with 119 billionaires choosing to live there.
    • The fastest risers in the year were individuals who added US$5 billion or more to their wealth.

Question:

Q.1 Which city became Asia’s billionaire capital for the first time according to the Hurun Global Rich List 2024?
a. Tokyo
b. Shanghai
c. Mumbai
d. Beijing
ebook store

About us

ramandeep singh

Ramandeep Singh is a seasoned educator and banking exam expert at BankExamsToday. With a passion for simplifying complex concepts, he has been instrumental in helping numerous aspirants achieve their banking career goals. His expertise and dedication make him a trusted guide in the journey to banking success.

  • Follow me:
Close Menu
Close Menu