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How Mumbai Became Asia's Billionaire Capital, Beating Beijing; Factors Behind India's Wealth Boom Explained

Mumbai’s billionaire wealth stands at $445 billion, with an increase of 47% from previous year, as against Beijing’s $265 billion, a 28% decrease. Some of the factors behind India’s robust economic performance are strong markets, investor confidence and immense opportunities for business creation ....

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India billionaires: Mumbai beats Beijing to emerge as the new billionaire hub of Asia, Hurun Research's list shows

Mumbai has become Asia s leading billionaire hub, surpassing Beijing for the first time, according to Hurun Research s 2024 Global Rich List. The financial capital of India now has 92 billionaires, edging past Beijing s 91. This places Mumbai third globally in terms of billionaires, with New York leading with 119 and London with 97. ....

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Hurun list: Mumbai pips Beijing to become Asia's billionaire capital for the first time

Leading the Indian pack is Mukesh Ambani with $115 billion in assets, followed by Gautam Adani with $86 billion. ....

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