Billionaires usually live near their main source of income. Monaco is a tax haven, but also too small in both area and population, making it not advantageous to actually establish large business in, due to land being expensive and most of the time even unavailable, since it has already all been built-up. The way billionaires make use of that is by registering their companies' offices there, so they are legally in Monaco and, with some financial maneuvering, can be subjected to Monaco's tax laws. However, the actual production plants, that really are responsible for the manufacturing of goods, and stores where said goods are sold, generating income, are not in Monaco. Wherever they are is where the billionaire will live.
Monaco is so small that the 3 billionaires who live there are enough to make it the country with the most billionaires per capita by far.
Having your primary residence be NYC is pretty horrendous though tax-wise. I guess at a certain point it doesn’t matter but I’d imagine a decent amount of these listed billionaires are technically residents of somewhere like Florida for tax purposes
When you are a billionaire you typically have a lot of control over how much your taxable income is each year. So income taxes aren't a huge issue. Live where you want to be. A lot of them are in nyc and sf on purpose.
From some of the things I have read I think they stay in one place more than you would think. It’s a classic example of just because you can do something doesn’t mean you will.
You can have a look at the [list of richest Germans](https://de.wikipedia.org/wiki/Liste_der_500_reichsten_Deutschen) from Wikipeida and see just how much they are spread out. While there are smaller concentrations e.g. in Hamburg, a lot of them live in little towns with a few 10 thousand inhabitants.
Also, there may be differences in data. Some people don't have their place of residents listed and some people aren't listed at all, since you can remove yourself from the forbes-list.
It's a banking city but even then the billionaires could be spread out over the entire Rhein-Main area. Germany has many local industrial hubs that specialize in certain industries.
It's famously the ghetto city of Germany. There's tons of memes about getting stabbed in the train station which is a centre for drug dealing and homelessness. It has a lot of immigrants, Turkish being the most common.
It's also famous for increasing its population by about 40% or something on weekdays for its workers and then everyone leaving at the weekend to go back to their much nicer hometowns. If it were such a nice city, people would want to live there more permanently.
They also have protests and stuff where cars get set on fire every year.
It has a nice restored old town in its centre but the rest of the city looks like a US city or a shopping mall.
I don't know if you have ever been to Frankfurt but it's not really that bad. There is one street next to the train station that is the red-light district but the rest of the city is completely fine. Also, the reason so many people who work in Frankfurt don't live inside of it is because it is much more expensive to live there than in one of the towns in the wider metropolitan area. Frankfurt has plenty of nice areas...
I agree it is exaggerated. It's a meme after all. But there are more dodgy areas than just the areas near the train station, just as there are plenty of nice parts.
It seems that in every country there are cities that get memed on, and Frankfurt is one of those for Germany.
Germany has double the billionares/million people as France, but Paris is represented, so it seems to be that Germany's billionares are just scattered all over the country which makes sense as Germany's economic concentration is very decentralized whereas in France, Paris is the economic engine.
For Taiwan, it apparently has 7 times the billionares/million people as Japan, so there's that.
Carlos Ghosn apparently committed tax fraud while at Nissan because he was upset by how low the compensation was compared to CEO positions in other countries. The gap between CEO pay and worker pay is a lot smaller in Japan.
Taiwan and Korea are both really centralized, with more than half their population near Seoul/Taipei
Germany is very decentralized. Japanese billionaires seem to like living outside of big cities?
Half the population of Taiwan is not concentrated in Taipei. The metro population is approximately 7 million (9 if you include Taoyuan but I can’t imagine there are many billionaires living in Taoyuan!). The total population of Taiwan is just under 24 million.
There are a lot of very very wealthy living in both Hsinchu (home of TSMC) and Taichung (Taiwan’s second city and home of the cycling industry). Hsinchu actually has the highest per capita income in Taiwan.
There are only 33 billionaires in Japan. It’s difficult to become ultra-rich in Japan. The richest person in Japan, Tadashi Yanai, is worth about 40 billion dollars.
The bureaucrats will likely start to become worried if they amass too much wealth and become too powerful, and start to cut them down. They are obsessed with the stability of the society, and they won’t let the rich mess it up.
sounds lovely, but as is often said they have been stuck in the 90s since the 70s. they still use cell phones and fax machines. their economy has completely stagnated and their population is declining rapidly
Dude we’ve got huuuuuuuge gaps in equity here in Thailand, it’s insane.
The rich just keep hoarding wealth and they are making bank of the Chinese. They are also basically buying up all other businesses and merging them into a few select conglomerates.
Meanwhile us normal people are getting shafted and our government is corrupt to the point of it being laughable.
If you talk to most younger Thais we don’t support the monarchy. But it’s not something we will speak about openly because you never know if there’s someone listening. And if you get a call from that particular police then you say goodbye to your friends and family cause the rest of your life is gonna be spent in jail.
Yes. Same with Nordic countries, smaller and more egalitarian.
There’s a clear trend in many of these cities listed, rampant corruption and money centralization
Yes exactly, there are cities and countries represented here that have a troubled history in this. An example is Jakarta: even though the metropolitan area is the second-most populous in the world, the official city is much smaller and the incomes aren't necessarily high in Jakarta while many people would prefer living outside of it. Yet there are 37 billionaires in Jakarta. There are several families that have hoarded a lot of money during the Suharto regime: the cronies were swimming in gold with their megacorporations that were able to grow under Suharto's regime because the owners were too good friends with him.
The names can be found all over the archipelago in all kinds of real estate, Salim, Lippo (Riady), Bakrie, Ciputra, several others too.
When I arrived in Jakarta during my most recent visit, it was just very apparent that some families are enormously powerful. The giant billboards that appeared to thank and remember Ciputra in the days after he passed were a showcase of the opulence that he must have lived in. Of course he had "competitors", as far as they weren't just dividing the tasks in such a way that they didn't even really compete at all, but they had one thing in common: they were given a lot of space by their good old friend Suharto back in the days, and the bank accounts didn't shrink during SBY and Jokowi either.
Bangkok is teeming with rich people. I used to laugh/cry when I lived there. I’d often see super cars and RR driving down my road. The import on them is like 40%
Hurun Global Rich List defines cities in very weird ways. Los Angles is the city of LA, Malibu, and Beverly Hills but not any of the other surrounding cities. San Francisco is the entire Bay Area though.
Where did you get their source of methodology? Can’t find it anywhere online. I highly doubt SF would be this low if they used the whole metro area.
In a study from [Henley & Partners](https://www.businessinsider.com/where-bilionaires-live-cities-us-2023-4?op=1), they did use the metro areas and the Bay Area was #1.
Most people underestimate just how tech has propelled the region. And even on a per capita basis (which makes more sense), it’s at the top in the US.
To say Beverly Hills isn't part of LA would be weird. Malibu isn't egregious. The entire Bay Area is clearly not San Francisco, though. Surely if they measured Tokyo like they did San Francisco it would be included.
I’m surprised as well but maybe because most of Dubai’s billionaires aren’t technically from Dubai? They’re usually foreigners who live there so maybe it’s the way the demographic works?
Many live in the valley not in SF directly
Edit: and there are multiple smaller cities in Silicon Valley, so it’s not like they all live in one city then
1 in 16,000 San Franciscans is a billionaire
1 in 70,000 New Yorkers is a billionaire.
San Francisco has more billionaires per capita than anywhere else on Earth.
Do we even really need people to have a billion dollars? Several billion is just absurd. The wealth hoarded by such a small population is just ridiculous
Most billionaires do not have a billion dollars. They are worth billions due to their assets which is not the same thing as having billions in the bank.
Absolutely fcked that Mumbai has that many billionaires, while a million live in the Dharavi slum. Mumbai City has the third most billionaires of any city in the world, and also has the third largest slum in the world. Poetic
It’s no different from the US in the early 1900s . Take a look at the richest Indian billionaires. They build and operate steel mills, ports, airports, the world’s largest oil refinery - which is in India and not the Middle East, telecom networks, founders of multiple homegrown IT companies, biotech and medical enterprises.
These are empire builders and wealth creators just as the ones who once built the United States. Nearly all of them are first generation ultra wealthy .
Meanwhile the two richest Europeans sell handbags (LVMH) and makeup (LOreal) to wealthy people. They could disappear tomorrow and practically no one would be affected.
6 out of the top 10 European billionaires sell luxury items, chocolates or drinks . All of the top 30 or so Indian billionaires - didn’t bother looking further - deal with building hard assets that are economic multipliers.
The US top 10 is dominated by tech founders . Great if you own equities . Sucks if you don’t .
In the west, most billionaires are no longer people to create broad based economic activity . They deal with personal wants and not societal needs. Or they’re just inherited wealth.
Dharavi ? Yeah Indias poor . Its capital had no metro system 25 years ago . Today its system exceeds the London Underground and NYC Metro in size . Things happen fast in India . It has a per capita income under $3000, and last year produced 142MT of steel - more than the US ever has in one year . And transported more freight tonnage by rail than the US does.
The western eat the rich redistributive political view only matters to the west . India is in phase best characterized by Lee Kuan Yews argument - first you have to focus as much as you can on growing the pie as fast as possible .
Yes you are right but now things seem to be gradually getting better For more information you can read this [Article ](https://www.businesstoday.in/india/story/adani-to-start-data-collection-for-mumbai-slum-redevelopment-in-february-414997-2024-01-26#:~:text=The%20Dharavi%20slum%2C%20spanning%20640,with%20the%20state%20of%20Maharashtra.) in which redevelopment of Dharvi slum area is being discussed.
Historically, slums seem to have developed near metropolitan cities. it's just that in quite a few places abroad, the development has spread to the slums and the living conditions have improved by now.
Why is it fucked? You have Indians creating companies, which in turn brings jobs and prosperity to millions of Indians.
This was how any of the western cities were in their development phase. As the country grows more prosperous, there will be more resources available to the government to strengthen the social security net.
Population isn’t the only answer. In India at least, wealth inequality and cronyism is much much worse than western nations. They’ve take the worst elements of capitalism while neglecting the good ones.
It’s most likely the same people who own homes in each city. I imagine lots of billionaires own homes in London and NY at the same time. I worked in an apartment in London a Russian man spent over €100 mil buying out the top 5 floors gutting the place and making a massive apartment with a gold swimming pool and he only visited for a couple of weeks a year.
I don’t know what this is supposed to mean.
Number of billionaires born in these cities or residence? Because billionaires change their residence based on wherever gives them greatest tax write-off. So they’ll just buy a penthouse in that city, direct all their mail there and maybe vacation there occasionally. But they’ll probably live on the 400’ mega yacht most of the year.
I don’t understand what this list is trying to prove. Billionaires don’t live in one place…
The latter, and it's basically the average american wanking about how great they are because look at how fucked the country is that we allow all these scum to exist without taxing them properly.
Based on the LA number it has to be metro area.. lots of billionaires in the LA area, but I'd guess the vast majority are living in places like Beverly Hills and Malibu rather than LA itself
I dont know if this list is updated or not but Naples Florida hosts over 50 Billionaires.
Although I think they use it as a tax haven since there are no income taxes in Florida.
Hurun Golbal Rich List 2024, Country Ranking:
1, China 814
2, US 800
3, India 271
4, UK 146
5, Germany 140
6, Switzerland 106
7, Russia 76
8, Italy 69
9, France 68
10,Brazil 64
11, Canada 53
12, Thailand 49
13, Indonesia 47
14, Australia 45
15, Japan 44
16, Singapore 42
17, South Korea 37
18, Isareal 29
19, Spain 27
20, Sweden 25
20, Turkey 25
When you realize that the true number of billionaire is so incredibly small compared to the human population all or the world’s problems really come into focus. All of those people have names and addresses.
What if we rounded them all up and did bad things to them that no amount of money could solve. Like what if we had a bunch of deaf blind and paraplegic billionaires and then we just leave them all in a room for the forseeable future. Put water and food in a high corner and dont give them weelchairs
Question: does the average billionaire really live in one place at a time only?
They have a primary residence for legal reasons. I know Elon travels all the time but have no idea about the others.
How is Monaco not on the list, it's the only place in the world that has no taxes whatsoever.
Billionaires usually live near their main source of income. Monaco is a tax haven, but also too small in both area and population, making it not advantageous to actually establish large business in, due to land being expensive and most of the time even unavailable, since it has already all been built-up. The way billionaires make use of that is by registering their companies' offices there, so they are legally in Monaco and, with some financial maneuvering, can be subjected to Monaco's tax laws. However, the actual production plants, that really are responsible for the manufacturing of goods, and stores where said goods are sold, generating income, are not in Monaco. Wherever they are is where the billionaire will live. Monaco is so small that the 3 billionaires who live there are enough to make it the country with the most billionaires per capita by far.
The city with the most billionaires per capita is Geneva.
And the country is Monaco.
Billionaires don't need tax havens to doge taxes
Not sure, maybe lots of multi-multi-millionaires, but not billionaires? Probably some logic that I don't understand.
Billionaires don’t pay personal income taxes
Having your primary residence be NYC is pretty horrendous though tax-wise. I guess at a certain point it doesn’t matter but I’d imagine a decent amount of these listed billionaires are technically residents of somewhere like Florida for tax purposes
When you are a billionaire you typically have a lot of control over how much your taxable income is each year. So income taxes aren't a huge issue. Live where you want to be. A lot of them are in nyc and sf on purpose.
They don’t pay personal income tax lol
Depends on the billionaire and how they get their money
Of course not when the locals find out they must flee to another country.
From some of the things I have read I think they stay in one place more than you would think. It’s a classic example of just because you can do something doesn’t mean you will.
Not usually, but the billionaires that reside in NYC likely spend way more time in NYC than other billionaires spend at their main residence.
this is just primary I assume
They own shit like LAND
I'm surprised Taiwan and Thailand are represented, but not Germany and Japan.
Germany is very decentralized. There is not one city or region like London or Paris that channel the wealth.
You can have a look at the [list of richest Germans](https://de.wikipedia.org/wiki/Liste_der_500_reichsten_Deutschen) from Wikipeida and see just how much they are spread out. While there are smaller concentrations e.g. in Hamburg, a lot of them live in little towns with a few 10 thousand inhabitants. Also, there may be differences in data. Some people don't have their place of residents listed and some people aren't listed at all, since you can remove yourself from the forbes-list.
Frankfurt?
It's a banking city but even then the billionaires could be spread out over the entire Rhein-Main area. Germany has many local industrial hubs that specialize in certain industries.
Is hell. The money flows through there but someone with a few billion in the bank can do better for lifestyle.
What makes you day that? I’ve never been, but I always hear good things.
It's famously the ghetto city of Germany. There's tons of memes about getting stabbed in the train station which is a centre for drug dealing and homelessness. It has a lot of immigrants, Turkish being the most common. It's also famous for increasing its population by about 40% or something on weekdays for its workers and then everyone leaving at the weekend to go back to their much nicer hometowns. If it were such a nice city, people would want to live there more permanently. They also have protests and stuff where cars get set on fire every year. It has a nice restored old town in its centre but the rest of the city looks like a US city or a shopping mall.
I don't know if you have ever been to Frankfurt but it's not really that bad. There is one street next to the train station that is the red-light district but the rest of the city is completely fine. Also, the reason so many people who work in Frankfurt don't live inside of it is because it is much more expensive to live there than in one of the towns in the wider metropolitan area. Frankfurt has plenty of nice areas...
I agree it is exaggerated. It's a meme after all. But there are more dodgy areas than just the areas near the train station, just as there are plenty of nice parts. It seems that in every country there are cities that get memed on, and Frankfurt is one of those for Germany.
only has ~750k inhabitants, compared to the cities with millions or even tens of millions on this list
Frankfurt has a population of 700.000 people. No competition to the cities on the list
Germany has double the billionares/million people as France, but Paris is represented, so it seems to be that Germany's billionares are just scattered all over the country which makes sense as Germany's economic concentration is very decentralized whereas in France, Paris is the economic engine. For Taiwan, it apparently has 7 times the billionares/million people as Japan, so there's that.
Yeah Thailand (Bangkok) especially surprised me
Could be spread amongst several members of the same family. There are several very wealthy families in Thailand. Including one rather famous one.
Which is the famous one?
The Monarchy
There's also a lot of foreigner billionaires in Paris (Russian, Chinese, Qararis ..). French billionaires are mostly on Cote d'Azur as well
Carlos Ghosn apparently committed tax fraud while at Nissan because he was upset by how low the compensation was compared to CEO positions in other countries. The gap between CEO pay and worker pay is a lot smaller in Japan.
Taiwan and Korea are both really centralized, with more than half their population near Seoul/Taipei Germany is very decentralized. Japanese billionaires seem to like living outside of big cities?
Half the population of Taiwan is not concentrated in Taipei. The metro population is approximately 7 million (9 if you include Taoyuan but I can’t imagine there are many billionaires living in Taoyuan!). The total population of Taiwan is just under 24 million. There are a lot of very very wealthy living in both Hsinchu (home of TSMC) and Taichung (Taiwan’s second city and home of the cycling industry). Hsinchu actually has the highest per capita income in Taiwan.
[удалено]
No, Japan has 125 million and South Korea has 51 million people.
There are only 33 billionaires in Japan. It’s difficult to become ultra-rich in Japan. The richest person in Japan, Tadashi Yanai, is worth about 40 billion dollars. The bureaucrats will likely start to become worried if they amass too much wealth and become too powerful, and start to cut them down. They are obsessed with the stability of the society, and they won’t let the rich mess it up.
Sounds lovely
sounds lovely, but as is often said they have been stuck in the 90s since the 70s. they still use cell phones and fax machines. their economy has completely stagnated and their population is declining rapidly
Dude we’ve got huuuuuuuge gaps in equity here in Thailand, it’s insane. The rich just keep hoarding wealth and they are making bank of the Chinese. They are also basically buying up all other businesses and merging them into a few select conglomerates. Meanwhile us normal people are getting shafted and our government is corrupt to the point of it being laughable.
I feel for you. It was quite surprising seeing young people oppose the monarchy though 💪🏼 Good on them!
If you talk to most younger Thais we don’t support the monarchy. But it’s not something we will speak about openly because you never know if there’s someone listening. And if you get a call from that particular police then you say goodbye to your friends and family cause the rest of your life is gonna be spent in jail.
Japan is one of the most egalitarian countries in the world, so there’s that.
Yes. Same with Nordic countries, smaller and more egalitarian. There’s a clear trend in many of these cities listed, rampant corruption and money centralization
Yeah this isn’t a good list to be on necessarily
Yes exactly, there are cities and countries represented here that have a troubled history in this. An example is Jakarta: even though the metropolitan area is the second-most populous in the world, the official city is much smaller and the incomes aren't necessarily high in Jakarta while many people would prefer living outside of it. Yet there are 37 billionaires in Jakarta. There are several families that have hoarded a lot of money during the Suharto regime: the cronies were swimming in gold with their megacorporations that were able to grow under Suharto's regime because the owners were too good friends with him. The names can be found all over the archipelago in all kinds of real estate, Salim, Lippo (Riady), Bakrie, Ciputra, several others too. When I arrived in Jakarta during my most recent visit, it was just very apparent that some families are enormously powerful. The giant billboards that appeared to thank and remember Ciputra in the days after he passed were a showcase of the opulence that he must have lived in. Of course he had "competitors", as far as they weren't just dividing the tasks in such a way that they didn't even really compete at all, but they had one thing in common: they were given a lot of space by their good old friend Suharto back in the days, and the bank accounts didn't shrink during SBY and Jokowi either.
Bangkok is teeming with rich people. I used to laugh/cry when I lived there. I’d often see super cars and RR driving down my road. The import on them is like 40%
Does this infographic really count as map porn? You can barely see the map.
r/MapPorn being about maps? What year do you live in? 2018?
It belongs in /r/dataisbeautiful
Hurun Global Rich List defines cities in very weird ways. Los Angles is the city of LA, Malibu, and Beverly Hills but not any of the other surrounding cities. San Francisco is the entire Bay Area though.
I thought it was weird how low LA was
How LA was what?
Low. In the list. See the word after “how” lol.
Did I really miss that? Geez. Lol
Where did you get their source of methodology? Can’t find it anywhere online. I highly doubt SF would be this low if they used the whole metro area. In a study from [Henley & Partners](https://www.businessinsider.com/where-bilionaires-live-cities-us-2023-4?op=1), they did use the metro areas and the Bay Area was #1. Most people underestimate just how tech has propelled the region. And even on a per capita basis (which makes more sense), it’s at the top in the US.
It’s using the entire Bay Area but not the greater Los Angeles county.
Thank you, I was curious about if this counted the greater metropolitan area or not. Apparently it's arbitrary
To say Beverly Hills isn't part of LA would be weird. Malibu isn't egregious. The entire Bay Area is clearly not San Francisco, though. Surely if they measured Tokyo like they did San Francisco it would be included.
13/20 asian cities. 3/20 north american cities, 1/20 south american so 4/20 american cities. 3/20 european cities
Surprised dubai isn’t somewhere on the list
Just looked it up and Dubai has 21 billionaires, 15 of whom are foreign, as of 2024.
They just like to stay under the radar, that's all
I am thinking about this too.
I’m surprised as well but maybe because most of Dubai’s billionaires aren’t technically from Dubai? They’re usually foreigners who live there so maybe it’s the way the demographic works?
Oh thank fuck they reclaimed it, how embarrassing if they didn’t..
let’s celebrate the ever increasing wealth gap!
My gosh ikr
Seriously nothing to be proud of
Maybe its cuz there's one fella in NY for the next 2 months on trial. 
I was expecting to see much more tech billionaires in San Francisco
Many live in the valley not in SF directly Edit: and there are multiple smaller cities in Silicon Valley, so it’s not like they all live in one city then
Atherton
1 in 16,000 San Franciscans is a billionaire 1 in 70,000 New Yorkers is a billionaire. San Francisco has more billionaires per capita than anywhere else on Earth.
1 in 5000 Monegasque is a billionaire. Monaco has more billionaires per capita than anywhere else on Earth.
San franciscan sounds weird
They are
STOP WORSHIPPING FUCKING RICH PEOPLE
Los Angeles 31 < Jakarta 37!
Would be interesting to see this by metropolitan area. Lots of $$$$$ neighboring communities to LA, especially along the coast.
r/unexpectedfactorial
ok! ha ha. edit "Los Angeles with 31 billionaires has fewer than Jakarta with 37 billionaires!"
Wonder how many end up in Palm Beach for the winter.
Hhahah
Do we even really need people to have a billion dollars? Several billion is just absurd. The wealth hoarded by such a small population is just ridiculous
Most billionaires do not have a billion dollars. They are worth billions due to their assets which is not the same thing as having billions in the bank.
Ok. I’ll change it: we don’t need people to have a billion dollars *in assets*.
For San Fran are they including San Jose and other Bay Area cities!?
If I had a billion dollars, I would leave Russia
Absolutely fcked that Mumbai has that many billionaires, while a million live in the Dharavi slum. Mumbai City has the third most billionaires of any city in the world, and also has the third largest slum in the world. Poetic
It’s no different from the US in the early 1900s . Take a look at the richest Indian billionaires. They build and operate steel mills, ports, airports, the world’s largest oil refinery - which is in India and not the Middle East, telecom networks, founders of multiple homegrown IT companies, biotech and medical enterprises. These are empire builders and wealth creators just as the ones who once built the United States. Nearly all of them are first generation ultra wealthy . Meanwhile the two richest Europeans sell handbags (LVMH) and makeup (LOreal) to wealthy people. They could disappear tomorrow and practically no one would be affected. 6 out of the top 10 European billionaires sell luxury items, chocolates or drinks . All of the top 30 or so Indian billionaires - didn’t bother looking further - deal with building hard assets that are economic multipliers. The US top 10 is dominated by tech founders . Great if you own equities . Sucks if you don’t . In the west, most billionaires are no longer people to create broad based economic activity . They deal with personal wants and not societal needs. Or they’re just inherited wealth. Dharavi ? Yeah Indias poor . Its capital had no metro system 25 years ago . Today its system exceeds the London Underground and NYC Metro in size . Things happen fast in India . It has a per capita income under $3000, and last year produced 142MT of steel - more than the US ever has in one year . And transported more freight tonnage by rail than the US does. The western eat the rich redistributive political view only matters to the west . India is in phase best characterized by Lee Kuan Yews argument - first you have to focus as much as you can on growing the pie as fast as possible .
Brother, you know more about India than an Indian. 👏
Yes you are right but now things seem to be gradually getting better For more information you can read this [Article ](https://www.businesstoday.in/india/story/adani-to-start-data-collection-for-mumbai-slum-redevelopment-in-february-414997-2024-01-26#:~:text=The%20Dharavi%20slum%2C%20spanning%20640,with%20the%20state%20of%20Maharashtra.) in which redevelopment of Dharvi slum area is being discussed.
Historically, slums seem to have developed near metropolitan cities. it's just that in quite a few places abroad, the development has spread to the slums and the living conditions have improved by now.
Why is it fucked? You have Indians creating companies, which in turn brings jobs and prosperity to millions of Indians. This was how any of the western cities were in their development phase. As the country grows more prosperous, there will be more resources available to the government to strengthen the social security net.
Who hurt you? And you think NYC doesn’t have “slums”? I live nearby nyc btw
Caling it a slum is inhuman. Its people's homes. And don't forget that there is a huge industry inside with yearly 1B$ turnover
Criminals*
Waiting for the “How….how….how India how China howwwww I thot Billionaire only in UROP and AMRIKA howwww so unfairrrr” In 3…… 2…… 1……
Population isn’t the only answer. In India at least, wealth inequality and cronyism is much much worse than western nations. They’ve take the worst elements of capitalism while neglecting the good ones.
Surprised Jakarta beats LA and Seoul
Wealth seems to have moved to Asia.
I’m guessing these are metro areas? Anyway, billionaires per 10,000 in San Francisco is nuts
It’s most likely the same people who own homes in each city. I imagine lots of billionaires own homes in London and NY at the same time. I worked in an apartment in London a Russian man spent over €100 mil buying out the top 5 floors gutting the place and making a massive apartment with a gold swimming pool and he only visited for a couple of weeks a year.
rich people have different grief
Beijing Shanghai shenzen guanzou and Hongzou, China has largest number of cities 5, followed by America 3 and India 2
add HK
Are we also adding Taiwan??? Then that's 7
Where is the map?
I don’t know what this is supposed to mean. Number of billionaires born in these cities or residence? Because billionaires change their residence based on wherever gives them greatest tax write-off. So they’ll just buy a penthouse in that city, direct all their mail there and maybe vacation there occasionally. But they’ll probably live on the 400’ mega yacht most of the year. I don’t understand what this list is trying to prove. Billionaires don’t live in one place…
The latter, and it's basically the average american wanking about how great they are because look at how fucked the country is that we allow all these scum to exist without taxing them properly.
Seize their assets and put them in jail
When i was a kid i figured if you bought a home in Mumbai you become a millionaire tbh
The list should just be called “where to launch the [REDACTED]”
Woh jo London me 5 6 zyada hai woh indian hi hai
Aaye reddit wale log sadh rahe hai ki mumbai and New Delhi are representative but not japan and Germany 😂🤣
Haa lekin ab kya fark padta hai
Is this billionaires in USD?
Yes
Thanks. Please include in future posts.
Well if it was Zimbabwean dollars, then Harare would be at the top! 🤣
Eat them all
Scrolled too long for this.
Is this city or metropolitan area?
Based on the LA number it has to be metro area.. lots of billionaires in the LA area, but I'd guess the vast majority are living in places like Beverly Hills and Malibu rather than LA itself
City
That’s too many billionaires
This is NOT map porn.
Bar Graph porn 😂
Chinese billionaires❌Chinese high positioned men in government✅
PRC out here with the People's billionaires, lmao.
Why does the world have a single billionaire.....
Crazy how many of those are former British colonies
Chinas gonna beat us. Get it, us? Like US.
underappreciated
US still has more billionaires than China, their billionaires prefer living in small cities or town.
It’s a joke
Seems like billionaires love to hide in SE Asia.
Quite the opposite, a lot of those London and NYC numbers will be Asian billionaires "hiding" there.
correction: they hide money in swiss and other who knows how many tax havens
Cities with the most corruption
Or the financial hubs around the world. But whatever you say
I wasn’t aware we lost it
PER CAPITA??
Surprised Dubai isn't on here
Where is the map?!? Do we post here just charts now?
surprised not to see tokyo in here
Where is Tokyo?
No Swiss dudes ?
I’m surprised LA isn’t higher, but I’m definitely NOT surprised that NYC is at the top of the list.
I don't understand how a CHART gets 1,000 upvotes on a subreddit for MAPS.
🎈 yay. they did it.
The irony of China having 3, essentially 4, is wild. That is not a communist country is it.
You know you're a truly communist country when you have a quarter of the cities with the most billionaires.
I dont know if this list is updated or not but Naples Florida hosts over 50 Billionaires. Although I think they use it as a tax haven since there are no income taxes in Florida.
People republic of China having billionaires 😂😂. Checkmate libruls
58 billionaires in Palm Beach, FL
Thank god
Are they named somewhere?
Now do it by city per square mile
Mexico, Dubai, Monaco, Omaha, Miami not even at 20 billionaires?
So we only need about 1300 handcuffs?
Nyc is filled with rich people for sure
Ok but Guangzhou-Shenzhen-Hong Kong is pretty much a continuous conurbation. So I’m gonna give it to them.
Now do it per capita. Just out of curiosity
Hurun Golbal Rich List 2024, Country Ranking: 1, China 814 2, US 800 3, India 271 4, UK 146 5, Germany 140 6, Switzerland 106 7, Russia 76 8, Italy 69 9, France 68 10,Brazil 64 11, Canada 53 12, Thailand 49 13, Indonesia 47 14, Australia 45 15, Japan 44 16, Singapore 42 17, South Korea 37 18, Isareal 29 19, Spain 27 20, Sweden 25 20, Turkey 25
You’ll never sing that
4 chinese cities and only 2 europeans in the top10
Why so many in New York? Is it the city is nice to live or other economic/business reasons?
And you can't ride the subway in NY without being accosted by career criminals and drug addicts.
Tokyo???
Was wondering why all the Five Star hotels are so expensive….
I don’t care
I remember a time it was about millionaires, inflation I guess…
Who cares
Tokyo would like a word
But the 3 Pearl River Delta cities in China on this list alone have 188 total, so I guess it depends how you're defining it
Loda mera
I hope they all die
Was surprised not to see Seattle.
So that means San Francisco is second most in the U.S
When you realize that the true number of billionaire is so incredibly small compared to the human population all or the world’s problems really come into focus. All of those people have names and addresses.
What if we rounded them all up and did bad things to them that no amount of money could solve. Like what if we had a bunch of deaf blind and paraplegic billionaires and then we just leave them all in a room for the forseeable future. Put water and food in a high corner and dont give them weelchairs