TNPSC Thervupettagam

Hurun Research Institute Report

March 31 , 2024 238 days 476 0
  • Mumbai has overtaken Beijing as Asia’s billionaire capital, according to the latest report from the Shanghai-based Hurun Research Institute.
  • Mumbai boasts 92 billionaires, securing its position as Asia’s third billionaire capital, trailing behind New York (119) and London (97).
  • India’s economy is growing at 7.5% in 2023.
  • It facilitated the addition of 94 billionaires, marking the country’s highest count since 2013.
  • China is maintaining the top spot with 814 billionaires in the report.
  • But it experienced a decline in ultra-rich individuals, with 155 fewer billionaires compared to 2022.
  • The list encompasses 3,279 individuals from 73 countries, highlighting the global distribution of wealth.

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