American Forbes has revealed the top 25 cities with the most billionaires in the world in May 2016. According to the Forbes, New York ranked first on the list with 79 billionaires and their total fortune exceeded $364 billion.Hong Kong ranked second with 68 billionaires and stated that their total fortune is $261.3 billion in the report.Moscow followed Hong Kong with 60 billionaires.
Istanbul ranked eleventh on the list with 26 billionaries holding the total of $39 billion.
Here are the top 25 cities with the most billionaires in the world:
25-Palo Alto
Billionaire Population: 13
Combined Net Worth: $124.9B
Richest Individual: Mark Zuckerberg ($44.6B)
25-Geneva
Billionaire Population: 13
Combined Net Worth: $41.5B
Richest Individual: Gennady Timchenko ($11.4B)
25-Chicago
Billionaire Population: 13
Combined Net Worth: $36.6B
Richest Individual: Ken Griffin ($7.5B
21-Dubai
Billionaire Population: 14
Combined Net Worth: $37B
Richest Individual: Majid Al Futtaim ($5B)
21-Delhi
Billionaire Population: 14
Combined Net Worth: $42.7B
Richest Individual: Shiv Nadar ($11.1B)
21-Bangkok
Billionaire Population: 14
Combined Net Worth: $42.2B
Richest Individual: Charoen Sirivadhanabhakdi ($10.7B)
21-Sao Paulo
Billionaire Population: 14
Combined Net Worth: $54.1B
Richest Individual: Joseph Safra ($17.2B)
20-Milan
Billionaire Population: 15
Combined Net Worth: $59.2B
Richest Individual: Leonardo Del Vecchio ($18.7B)
18-Guangzhou
Billionaire Population: 16
Combined Net Worth: $38.8B
Richest Individual: Hui Ka Yan ($8.6B)
18-Dallas
Billionaire Population: 16
Combined Net Worth: $51B
Richest Individual: Andrew Beal ($9.4B)
17-Hangzhou
Billionaire Population: 17
Combined Net Worth: $60.8B
Richest Individual: Jack Ma ($20.5B
16-Tokyo
Billionaire Population: 18
Combined Net Worth: $62.3B
Richest Individual: Tadashi Yanai ($14.6B)
14-Taipei
Billionaire Population: 20
Combined Net Worth: $42.4B
Richest Individual: Terry Gou ($5.6B)
14-Los Angeles
Billionaire Population: 20
Combined Net Worth: $70.7B
Richest Individual: Patrick Soon-Shiong ($11.9B)
13-Singapore
Billionaire Population: 21
Combined Net Worth: $54.5B
Richest Individual: Robert & Philip Ng ($7.6B)
12-Paris
Billionaire Population: 22
Combined Net Worth: $147.9B
Richest Individual: Lilane Bettencourt ($36.1B)
11-Istanbul
Billionaire Population: 26
Combined Net Worth: $39B
Richest Individual: Murat Ulker ($2.9B)
10-San Francisco
Billionaire Population: 28
Combined Net Worth: $74.5B
Richest Individual: Dustin Moskovitz ($8.9B)
8-Shenzhen
Billionaire Population: 30
Combined Net Worth: $78B
Richest Individual: Ma Huateng ($16.6B)
8-Seoul
Billionaire Population: 30
Combined Net Worth: $73.9B
Richest Individual: Lee Kun-Hee ($9.6B)
7-Shanghai
Billionaire Population: 31
Combined Net Worth: $66.1B
Richest Individual: Tsai Eng-Meng ($6B)
6-Mumbai
Billionaire Population: 32
Combined Net Worth: $115.1B
Richest Individual: Mukesh Ambani ($19.3B)
5-London
Billionaire Population: 48
Combined Net Worth: $187.7B
Richest Individual: Len Blavatnik ($15.3B)
4-Beijing
Billionaire Population: 51
Combined Net Worth: $149.9B
Richest Individual: Wang Jianlin ($28.7B)
3-Moscow
Billionaire Population: 60
Combined Net Worth: $217.6B
Richest Individual: Leonid Mikhelson ($14.4B
2-Hong Kong
Billionaire Population: 68
Combined Net Worth: $261.3B
Richest Individual: Li Ka-shing ($27.1B)
1-New York City
Billionaire Population: 79
Combined Net Worth: $364.6B
Richest Individual: Michael Bloomberg ($40B)
Source:Forbes
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