Explore the Top 10 Indian cities with most billionaires in 2024, highlighting the centers of wealth, luxury, and economic growth across India.
Along with the growth of India, the number of billionaires is also increasing every year. According to the Hurun Rich List 2024, Mumbai surpasses China’s capital, Beijing, and becomes the 3rd city with the highest number of billionaires in the world.
According to The Hurun Research Institute, the financial capital of India—Mumbai now also becomes the billionaire capital of Asia.
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1. Mumbai
According to Hurun Research Institute’s global rich list, Mumbai overtakes Beijing and Shanghai and becomes the third city with the highest number of billionaires in the world. With 92 billionaires, Mumbai is now the Asian capital with the most number of billionaires.
The city is home to business tycoons such as Mukesh Ambani, Kumar Manglam Birla, Dilip Shanghvi, and the Bajaj family.
2. New Delhi
With 68 billionaires, New Delhi stands in second place in the list of Top 10 Indian Cities with the Highest Number of Billionaires in 2024. With adding 68 new billionaires, Delhi now has 217 billionaires.
New Delhi has the headquarters of many businesses and is home to businessmen like Savitri Jindal, Sunil Mittal, Shiv Nadar, and Kushal Pal Singh.
3. Hyderabad
Hyderabad sees a massive increase in the number of billionaires, surpasses Bengaluru for the first time, and holds the 3rd position with the highest number of billionaires in India. The total number of billionaires in Hyderabad is 104.
The city is home to businessmen like Murali Divi & family, Pamireddy Pitchi Reddy, PV Krishna Reddy, Rameswar Rao Jupally, and family.
Read More: Top 10 Richest People in India in 2024
4. Bengaluru
In Hurun Research Institute’s global rich list, Bengaluru loses its 3rd position in 2024. With the total 100 billionaires, Bengaluru welcomes 27 new billionaires.
Bengaluru is home to billionaires such as Azim Premji, NR Narayan Murthi, and Nandan Nilekani, who are leaders of the IT industry of India.
5. Chennai
Chennai, originally known as Madras Patnam, welcomed 16 new billionaires in 2024. The total number of billionaires in Chennai is 82 in 2024. Venu Srinivasan, B. S. Abdur Rahman, and Raj Rajaratnam are well-known billionaires in Chennai.
Here are the Top 10 Indian cities with most billionaires in 2024:
| Rank | City | Billionaires in 2024 | Billionaires in 2023 | New billionaires in 2024 | Richest individual in city |
| 1 | Mumbai | 386 | 328 | 92 | Mukesh Ambani |
| 2 | New Delhi | 217 | 119 | 68 | Shiv Nadar |
| 3 | Hyderabad | 104 | 100 | 18 | Murali Divi |
| 4 | Bengaluru | 100 | 87 | 27 | Azim Premji |
| 5 | Chennai | 82 | 67 | 16 | Venu Srinivasan |
| 6 | Kolkata | 69 | 55 | 12 | Benu Gopal Bangur |
| 7 | Ahmedabad | 67 | 51 | 14 | Gautam Adani |
| 8 | Pune | 53 | 39 | 11 | Cyrus S Poonawalla |
| 9 | Surat | 28 | 27 | 2 | Ashwin Desai |
| 10 | Gurugram | 23 | 18 | 2 | Nirmal Kumar Minda |
6. Kolkata
Benu Gopal Bangur, former Chairman of Shree Cement, is the richest person in Kolkata. Subrata Roy, Anand Burman, Ravi Modi, and Ina Ashwin Dani are the well-known billionaires in Kolkata.
Kolkata has a total of 69 billionaires, according to the Hurun Research Institute.
7. Ahmedabad
The Manchester of India, Ahmedabad, has a total of 67 billionaires in 2024. Billionaires like Gautam Adani, Karsanbhai Patel, Pankaj Patel, and Sandeep Engineer are famous in India. The chairman and founder of the Adani Group, Goutam Adani, has a net worth of $85.3 billions. He is the second richest man in India.
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8. Pune
Another city of Maharashtra, Pune, welcomed 11 billionaires in 2024. According to Hurun Research Institute, Pune has 53 billionaires. Pune has billionaires like Cyrus S Poonawalla & family, Baba Kalyani, Reddy Family, and Murali Divi etc.
9. Surat
Surat is also known to be the world’s largest diamond manufacturing center and a commercial center for textiles. Now Surat has 28 billionaires like Savji Dhanji Dholakia, Ashwin Desai & family, Niraj Choksi etc.
10. Gurugram
According to Hurun Research Institute, Gurugram now holds the 10th position in the Top 10 Indian Cities with the Highest Number of Billionaires in 2024. With 2 more billionaires, Gurugram has 23 billionaires like Nirmal Kumar Minda & family, Deepinder Goyal.