THIS Indian city has the highest number of billionaires; not Kolkata, New Delhi, Bengaluru, Chennai, Gurugram, it is…
The Indian economy has seen tremendous growth in the last few decades, making it one of the prominent centers of wealth creation in the world. While various sectors are witnessing growth and entrepreneurship is thriving, many cities have become hotspots for business tycoons, industrialists, and modern-day billionaires.
As noted in the Hurun India Rich List 2025, these cities are not just serving as engines of economic growth but are also the dwelling places for hundreds of the richest Indians. From the finance capital of Mumbai to the technology capital of Bengaluru, each city offers a distinct narrative of ambition, innovation, and wealth. Have you ever wondered which are the top 10 cities where India’s wealthiest choose to live? Read here to know.
Which Indian city tops the billionaire list?
Mumbai ranks highest with 451 billionaires, making it the richest city in India. Known as the “City of Dreams,” Mumbai is India’s financial, business, and entertainment capital. Mumbai offers many entrepreneurs, investors, and celebrities who shape the economic and cultural heartbeat of the country. The city’s turbo-charged stock exchanges, sprawling multinational corporations, and active Bollywood industry have all contributed to increasing the number of billionaires and confirming Mumbai’s status as the wealthiest city in India.
Where do other cities like Delhi and Bengaluru stand?
New Delhi, India’s capital, ranks second on the list, with 223 billionaires. Its wealth comes from a potent mix of politics, industry, real estate, and large business groups. Delhi is the center of government and business of the country, and the arrival of wealthy individuals from across India continues to solidify the city’s position as one of the wealthiest and most dynamic in the country.
With 116 billionaires, Bengaluru is on its way to becoming India’s technology powerhouse. The city’s rapid expansion of its IT sector, growing software exports, and intensifying startup ecosystem have driven substantial wealth creation. Technology entrepreneurs and investors have turned Bengaluru into a key center of innovation and high-net-worth individuals in the country, positioning it as one of the most active and high-growth areas for wealth creation in India.
Hyderabad has 102 billionaires and is fast becoming a leading business and IT center. The city has evolved into an important location for pharmaceutical companies, technology companies, and startups, and is contributing to economic growth as it attracts wealthy individuals from all over the country.
Chennai is an industrial hub of South India with 94 billionaires. The city is famous for its automobile and manufacturing industries that have ensured continuous economic growth. For years, Chennai has had a stable economy, and a thriving industrial and business base has led to an increased number of high-net-worth individuals.
STORY HIGHLIGHTS
- Mumbai ranks highest with 451 billionaires, making it the richest city in India.
- With 116 billionaires, Bengaluru is on its way to becoming India’s technology powerhouse.
- Hyderabad has 102 billionaires and is fast becoming a leading business and IT center.
- Chennai is an industrial hub of South India with 94 billionaires.
Ahmedabad is recognized as a major business center of western India with a noteworthy 68 billionaires, and is also famous for its textile industry and entrepreneurial culture. Likewise, Kolkata, also with 68 billionaires, continues to be regarded as the economic and cultural capital of eastern India, blending old-world charm and contemporary enterprise. In addition to these top cities are Pune, with reportedly 67 billionaires, Gurugram, with 38, and Surat, with 32, highlighting how India’s wealth is diversifying into many emerging large cities.
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