Top 10 Cities Where India's Wealthiest Individuals Choose to Live
The M3M Hurun India Rich List 2025 reveals the cities where India's wealthiest individuals reside, with Mumbai leading the pack. The list highlights the concentration of billionaires and business families in major financial and tech hubs.
MumbaiBillionairesWealthFinancial HubsItReal Estate MumbaiOct 02, 2025
Mumbai continues to dominate as the richest city in India with 451 residents, a significant increase from 255 in 2021. The city is home to India’s wealthiest, Mukesh Ambani and family, and boasts a total of 91 billionaires. As the financial capital, Mumbai remains the top magnet for India’s richest industrialists and entrepreneurs.
New Delhi takes the second place with 223 individuals from the list, up from 167 in 2021. Leading the pack is Roshni Nadar Malhotra and family, with Delhi also boasting 70 billionaires. The national capital's economic and political significance continues to attract the country's elite.
Bengaluru, India’s Silicon Valley, secures third place with 116 residents, up from 85 in 2021. Azim Premji and family top the city’s rich list. Known for its IT industry, Bengaluru is also home to 31 billionaires, proving its stronghold in tech-driven wealth creation.
Hyderabad continues to rise as a business hub with 102 entrants, led by Murali Divi and family. Though slightly down from 104 last year, the city still counts 19 billionaires and is a thriving hub for pharmaceuticals, real estate, and technology.
Chennai has 94 wealthy residents, up from 43 in 2021. Spearheaded by Venu Srinivasan, the city is home to 22 billionaires, showcasing its growing influence in manufacturing, IT, and auto industries.
Ahmedabad, the sixth on the list, has 68 residents, up from 48 in 2021. The city is known for its robust textile and manufacturing sectors and is home to 15 billionaires, including Gautam Adani and family.
Kolkata, the cultural capital, ranks seventh with 60 residents, up from 40 in 2021. The city is home to 18 billionaires, reflecting its historical significance in trade and commerce.
Gurgaon, a rapidly growing urban center, ranks eighth with 52 residents, up from 35 in 2021. The city is a hub for IT and real estate, with 13 billionaires contributing to its economic growth.
Pune, known for its educational institutions and automotive industry, ranks ninth with 45 residents, up from 30 in 2021. The city is home to 12 billionaires, highlighting its growing importance in the tech and manufacturing sectors.
Jaipur, the tenth on the list, has 38 residents, up from 25 in 2021. The city is known for its rich cultural heritage and is home to 10 billionaires, showcasing its growing economic significance in various industries.
These cities not only contribute significantly to India's economy but also serve as hubs for innovation, technology, and business. The concentration of wealth in these cities reflects the country's economic growth and the increasing influence of its business families.
Frequently Asked Questions
Which city has the most billionaires in India?
Mumbai has the most billionaires in India, with a total of 91 billionaires as of the M3M Hurun India Rich List 2025.
How many billionaires are there in New Delhi?
New Delhi is home to 70 billionaires, according to the M3M Hurun India Rich List 2025.
What is the significance of Bengaluru in the list?
Bengaluru, known as India’s Silicon Valley, is home to 31 billionaires and is the third richest city in India, reflecting its strong presence in the IT industry.
Which industries drive the economy of Hyderabad?
Hyderabad is a thriving hub for pharmaceuticals, real estate, and technology, sectors that significantly contribute to its economic growth and the presence of 19 billionaires.
How has the number of wealthy residents in Chennai grown?
Chennai has seen a significant increase in the number of wealthy residents, rising from 43 in 2021 to 94 in 2025, making it home to 22 billionaires.
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