Top 10 Wealthiest Cities in 2025 – Mumbai & Delhi Rankings

The world’s economic landscape is rapidly evolving, with wealth increasingly concentrated in major urban hubs. According to the Henley and Partners World’s Wealthiest Cities Report 2025, the United States continues to dominate with the highest number of millionaires and billionaires. But where do Indian cities like Mumbai and Delhi stand in this elite ranking?

Let’s explore the top 10 wealthiest cities of 2025 and see how India’s financial powerhouses compare.

1. New York City, USA – The Billionaire Capital

Millionaires: 384,500 | Billionaires: 66

New York retains its crown as the richest city in the world, fueled by Wall Street, tech startups, and a thriving real estate market. With nearly 385,000 millionaires, it remains the ultimate destination for the ultra-rich.

2. The Bay Area, USA – Silicon Valley’s Wealth Surge

Millionaires: 342,400 | Billionaires: 82

Home to tech giants like Apple, Google, and Meta, San Francisco and Silicon Valley boast the highest number of billionaires (82) globally. The tech boom continues to drive unprecedented wealth here.

3. Tokyo, Japan – Asia’s Economic Powerhouse

Millionaires: 292,300 | Billionaires: 18

Tokyo remains a financial titan, though its billionaire count is surprisingly low compared to its millionaire population. Its strong corporate sector and innovation keep it in the top three.

4. Singapore – The Global Financial Hub

Millionaires: 242,400 | Billionaires: 30

Singapore’s business-friendly policies and luxury lifestyle attract the ultra-wealthy. It’s Asia’s second-richest city, with a 30% increase in millionaires over the past decade.

5. Los Angeles, USA – Entertainment & Tech Wealth

Millionaires: 220,600 | Billionaires: 45

Hollywood stars and tech entrepreneurs make LA a wealth magnet. The city’s 45 billionaires include entertainment moguls and startup founders.

6. London, UK – Europe’s Financial Leader

Millionaires: 215,700 | Billionaires: 33

Despite Brexit, London remains Europe’s wealthiest city, with a strong finance sector and luxury real estate market.

7. Paris, France – Luxury & Finance Hub

Millionaires: 160,100 | Billionaires: 22

Paris thrives as a center for fashion, finance, and elite tourism, maintaining its status as Western Europe’s second-richest city.

8. Hong Kong – Asia’s Dynamic Wealth Center

Millionaires: 154,900 | Billionaires: 40

Hong Kong’s free-market economy and strategic location keep it a top destination for millionaires, despite political shifts.

9. Sydney, Australia – The Pacific’s Rising Star

Millionaires: 152,900 | Billionaires: 22

Sydney’s booming property market and strong finance sector make it Australia’s wealthiest city, with rapid millionaire growth.

10. Chicago, USA – The Midwest’s Wealth Hub

Millionaires: 127,100 | Billionaires: 25

Chicago rounds out the top 10, thanks to its diverse economy spanning finance, manufacturing, and tech.

Where Do Indian Cities Rank?

Mumbai (Rank 27) – India’s Financial Capital

Millionaires: 51,200 | Billionaires: 25

Mumbai saw a 69% surge in millionaires from 2014-2024, driven by Bollywood, finance, and startups. It’s India’s richest city, competing with global elites.

Delhi (Rank 39) – Fastest-Growing Wealth Hub

Millionaires: 31,200 | Billionaires: 16

Delhi’s 82% millionaire growth in a decade highlights its booming business and political influence.

Final Thoughts

The US dominates the 2025 wealth rankings, with four cities in the top 10. Meanwhile, Mumbai and Delhi are rising fast, reflecting India’s economic expansion.

Which city surprises you the most? Will an Indian city break into the top 20 by 2030? Let us know your thoughts