Published on 12 May 2024 on Insider Monkey via Yahoo Finance
In this article, we discuss the 30 richest people in Asia in 2024. To skip the detailed analysis, go directly to the 5 Richest People in Asia in 2024.
Asia’s Economic Outlook and Billionaire Economy
Asia's compelling economic growth and wealth landscape has consistently seized global attention. Asia’s richest person is Mukesh Ambani and he has long sustained his position, with a net worth of $110.2 Billion, as of May 7. According to Hurun Research’s 2024 Global Rich List, Mumbai has emerged as Asia’s billionaire hub, surpassing Beijing for the first time. Mumbai now has 92 billionaires while Beijing has 91, despite China’s overall count of 814 billionaires compared to India's 271. Mumbai is the third leading city in terms of the total number of billionaires worldwide, with New York leading with 119 billionaires followed by London with 97. Other Asian cities including Beijing, Shanghai, Shenzhen, Hong Kong, and New Delhi are among the top cities in the world with the most billionaires. Beijing has 91, Shanghai has 87, Shenzhen has 84, Hong Kong has 65, and New Delhi has 57 billionaires.