Mumbai pips China to be Asia's billionaire capital; third in global list
Mar 26 2024, 08:56 AM ISTMumbai has made history by surpassing Beijing as Asia's billionaire capital, boasting 92 billionaires compared to Beijing's 91, according to the 2024 Global Rich List by Hurun Research. Despite China having 814 billionaires in total, Mumbai's ascent to the third spot globally, with a total billionaire wealth of $445 billion, reflects its emergence as a major economic powerhouse.