New York is the most inhabited city of millionaires in the world. A total of 107 big names live in Big Apple, and all of these people have a fortune of over $ 640 billion. Behind the American city is Beijing, the capital of China, where Asian giant millionaires have luxurious and luxurious homes.
One of the cities in Forbes magazine’s rank is Moscow . On the final list, he came in fourth and is now down a few ranks. According to this publication, the Ukrainian invasion could cause further declines after sanctions on Russia by the United States and Western nations. The wealth of millionaires living in the Russian capital is $ 214.9 billion. Last year, Russia’s oligarchs were around $ 420.6 billion.
The 2022 list produced by Forbes magazine is as follows:
New York: 107 millionaires
Net fortune value: $ 64 billion
Most Money Residents: Michael Bloomberg, $ 82 Billion
Compared to this year’s list, eight new millionaires have moved to New York City. A total of 107 big names live in Big Apple. Most are doing business in the financial industry. OpenSea co-founders Devin Finzer and Alex Atalla, blockchain entrepreneurs, are newcomers to the city. And the luckiest person is still the former mayor of New York and middle-aged businessman Michael Bloomberg.
Beijing: 83 millionaires
Total net worth of property: $ 310 billion
Most Money Resident: Yoshiaki Zhang, $ 50 Billion
The fate of the big names has fallen to Beijing due to the tightening of regulations by the Chinese government. Billionaires are estimated to have lost nearly $ 174.3 billion in 2021. In total, the 17 people in the Chinese capital are no longer considered ultra-rich. Among them are Kate Wang, founder of China’s leading vaping RLX technology, and Will Wei Cheng, CEO of ride-hailing company Didi Global. And the one who has the most money in Beijing is Zhang Yiming, the founder of ByteDance, the owner of the most popular social network among young people. TikTok.
Hong Kong: 68 millionaires
Total net worth of property: $ 304.6 billion
Most Money Resident: Lee Shaw Key, $ 32.6 Billion
Hong Kong is also a city affected by Chinese regulations. According to Forbes, the former British colony lost more than 12 millionaires due to strict market controls and the COVID-19 protocol . Due to the pandemic, casino tycoons Ina Chan and Lawrence Ho, and hotel owner Zhao Ton Tong have been removed from the list.
London: 66 millionaires
Total net worth of property: $ 324.1 billion
Most Money Resident: Len Blavatnik, $ 32.5 Billion
By relaxing the restrictions imposed by the pandemic, the town has risen to fourth place in the rankings. In London, there was a net profit of three new millionaires, but in fact six new of the wealthiest clubs, including the first Bulgarian and Estonian citizens appointed as millionaires by Forb. We welcomed the members .
Vlad Yatsenko, chief technology officer of digital banking giant Revolut, and Denis Sverdlow, the founder of British electronic car maker Arrial, are other new billionaires living in London.
Shanghai: 61 millionaires
Total net worth of property: $ 18.7 billion
Most Money Resident: Liu Yongxing, $ 13.2 billion
Like other Chinese cities, Shanghai has seen a decline in the number of ultra-rich people. The region has grown from 64 to 61 millionaires, with less losses than other Chinese cities.
Liu Yongxing, the wealthiest person in Shanghai and president of the agricultural chemical company East Hope Group, has more than doubled his fortune to an estimated $ 13.2 billion. In contrast, Xu Yi and Chen Rui, executives of Chinese media giant Bilibili, and Tony Zhao, CEO of Nasdaq-listed online communications and video platform Agora, are billions of millions based in Shanghai, where they emigrated last year. One of the elders.
Shenzhen: 59 millionaires
Total net value of fortune: $ 286.6 billion
Most Money Resident: Ma Hua Tian, $ 37.2 billion
Known as “Silicon Valley of China”, it is a hub of self-made millionaires. After losing nine wealthy residents in 2021, the city fell to sixth place in the top ten. Among those who have left Shenzhen are three investors from vaping company Smoothe International, whose share plummeted 64% when the Chinese government threatened to crack down on e-cigarettes .
Ma Huateng, the wealthiest person in Shenzhen, was also affected. The wealth of Tencent’s president and CEO, Internet media leader, has declined by more than $ 28 billion since 2021.
Moscow: 53 millionaires
Total net worth of property: $ 214.9 billion
Most Money Resident: Vladimir Lisin, $ 18.4 billion
The Russian capital has lost more millionaires than any other city on the list as a result of the Kremlin’s invasion of Ukraine. Oleg Tinkov, founder of digital bank Tinkov, licensed billionaires Andrey Morchanov and Dmitry Pumpyansky, Yandex founder of Russian search engines such as Google and Yahoo, Arkadi Volodi, etc. The wealth of 26 millionaires has declined over the past year.
Vladimir Lisin, president of steel product maker NLMK Group and the wealthiest person in Moscow, has disposed of about $ 8 billion in personal wealth.
Bombay: 51 millionaires
Total net worth of property: $ 301.3 billion
Residents with the most money: Mukesh Ambani, $ 90.7 billion
The Indian city lost 30 millionaires, but was able to get six new rich people and stay in eighth place in the rankings. Bombay’s high net worth individuals include Falguni Nayar, who became India’s wealthiest self-made woman after listing on beauty and fashion retailer Nykaa in November 2021 and has an estimated net worth of $ 4.5 billion. Only Mukesh Ambani, president of Reliance Industries, the city’s wealthiest resident, accounts for more than 30% of Bombay’s billionaire’s total net worth.
San Francisco: 44 millionaires
Total net worth: $ 168 billion
Most Money Residents: Brian Chesky and Dustin Moskovitz, $ 11.5 billion
The city on the west coast of the United States is home to four millionaires, four less than last year. But San Francisco is a powerful entrepreneur of ultra-rich entrepreneurs, including Grammarly co-founder Max Lytvyn and fintech startup Brex’s 26- and 25-year-old co-founders Enrique Dubgrass and Pedro Franceski. Welcomed the group . But the fate of other wealthy people, such as Affirm co-founder Max Levchin, has diminished. RingCentral, Vlad Shmunis, Skills CEO Andrew Paradise were all removed from the Forbes list and left the city in a negative balance.
Seoul: 38 millionaires
Total net worth: $ 108.3 billion
Wealthy Residents: Kim Bum Soo and Jay Y Lee, $ 9.1 Billion
The South Korean capital has re-appeared on the list for the first time since 2019, thanks to three self-made millionaires from Seoul . COVID-19 inspection entrepreneur Cho Young-sik, FinTech founder Lee Sung-gan, and game mogul Park Kwang-ho. Kim Bum-soo, the founder of Kako, South Korea’s largest messaging app, and Jay Y. Lee, vice president of Samsung Electronics, are each estimated to be worth $ 9.1 billion.