Some cities seem to attract the rich. Take New York City for example, which has 340,000 high-net-worth residents with investable assets of more than $1 million.

But there’s a vast difference between being a millionaire and a billionaire. So where do the richest of them all live?

Using data from the Hurun Global Rich List 2024, Visual Capitalist's Pallavi Rao ranks the top 20 cities with the highest number of billionaires in 2024.

I feel like the curve is flattening with people leaving New York.