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The list of 15 wealthiest cities was topped by New York with a total wealth of USD 3 trillion.Mumbai, also features among the top 10 cities in terms of billionaire population.Among the 15 cities listed, San Francisco, Beijing, Shanghai, Mumbai and Sydney were the fastest growing in terms of wealth growth over the past 10 years, the report said.7 trillion, followed by Tokyo (USD 2.4 trillion), Hong Kong (USD 1. Government funds are excluded from the figures.According to a report by New World Wealth, the economic hub of India is the 12th wealthiest city, followed by Toronto with a total wealth of USD 944 billion, Frankfurt (14th, USD 912 billion) and Paris (15th, USD 860 billion). Major industries in the city include financial services, real estate and media”..3 trillion).“Home to the two largest stock exchanges in the world.Notable cities that just missed out on top 15 include: Houston, Geneva, Osaka, Seoul, Shenzhen, Melbourne, Zurich and Dallas, it added.5 trillion), and San Francisco Bay area (USD 2.It is also home to the Bombay Stock Exchange (BSE), the 12th largest stock exchange in the world.2 trillion), Shanghai (USD 2 trillion), Los Angeles (USD 1.Regarding Mumbai, the report said, “total wealth held in the city amounts to USD 950 billion. The city is home to 28 billionaires, individuals with USD 1 billion or more in net assets. It includes all their assets (property, cash, equities, business interests) less any liabilities.London ranked second in the list with USD 2.Going forward, Mumbai is expected to be the fastest growing city (in terms of wealth growth over the next 10 years), it added.Others in the list include Beijing (USD 2.Total wealth, refers to the private wealth held by all the individuals living in each city.3 trillion), Sydney (USD 1 trillion), Singapore (USD 1 trillion) and Chicago (USD 988 billion).New Delhi: India’s financial capital Mumbai, with a total 42200-SAA-003 wealth of USD 950 billion, has been named among the top 15 wealthiest cities globally, while New York topped the list, says a report. Mumbai is the economic hub of India. Areas around New York such as Connecticut and Long Island also contain a large amount of wealth that is not included in this figure,” the report said.
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