Hurun India Rich List 2024: Mumbai surpasses Beijing to become the billionaire capital of Asia

Mumbai has emerged as the 'billionaire capital' of Asia, surpassing Beijing, according to the Hurun India rich list 2024. The city now hosts 25% of India's billionaires, adding 58 new billionaires. India saw a 29% rise in billionaires, while China experienced a 25% decline, emphasizing India's growing economic prowess.