25 Richest Cities In The World With Most Billionaires Per Capita

There are more billionaires than ever spread across the globe: This year’s FORBES list of the 2,043 richest spans six continents, 71 countries and territories and hundreds of cities. You’re most likely to have a 10-digit neighbor if you live in the United States, China or India, but which are the cities where the most billionaires reside? A Shanghai firm that releases yearly rankings and research about the world's richest people, the Chinese capital has an even 100 billionaires in 2016, while the Big Apple has 95. Insidermonkey experts made a list of 25 richest cities in the world with most billionaires per capita.

"Beijing took the title from New York after minting 32 new billionaires last year, while New York gained four," Gerry Shih of the Associated Press reports. "Rupert Hoogewerf, the founder of Hurun, attributed China's explosive wealth creation to Chinese market regulators allowing a flood of new initial public offerings after holding back new IPOs for several years." The common theme you will notice in this list is that each of the cities mentioned here actually have facilities that boost your chances of success by providing the means such as infrastructure, tax breaks and support. This is why there are many cities common in our list and the list of 20 richest cities in the world by GDP per capita.