By 2025, it has once again been confirmed that the largest wealth in the world is concentrated around major cities. This was reported by Zamin.uz.
According to new data presented by Forbes magazine, a ranking of the top 20 cities with the highest number of billionaires on Earth has been announced. This information clearly shows the geography of global wealth and helps identify the world's financial centers.
The first place in the ranking was taken by New York. This city leads with 109 billionaires.
New York's position is linked to its long-standing role as a financial center. The city hosts headquarters of major banks, investment funds, real estate markets, and multinational corporations.
New York maintains its unique position in the global financial system. Hong Kong ranks second, significantly behind New York.
Moscow took third place. The Russian capital is home to 73 billionaires.
Moscow remains a wealth center due to its large industrial, energy, and financial resources. A large part of the ranking is occupied by Asian cities.
In major Chinese cities such as Beijing, Shanghai, and Shenzhen, wealth is growing rapidly. India's Mumbai and Delhi hold high positions in terms of the number of billionaires due to technological and economic development.
Traditional centers of wealth in European and North American cities also maintain their status. Cities like London, Paris, and Milan are still among the world's richest cities.
In U.S. cities such as Dallas, Chicago, and Palo Alto, achievements in technology and real estate are elevating wealth to new levels. In conclusion, the global wealth map is shifting towards Asia.
However, major financial centers like New York are expected to retain their leadership in the coming years. From now on, wealth competes not between countries, but between cities.
