Hurun Global Rich List: Shanghai overtook Mumbai as the billionaire capital of Asia for the first time — with 92 individuals against the 90 billionaires living in Mumbai. According to the Hurun Global Rich List for 2025, India ranks third with 284 billionaires. The US leads the list for the first time in 10 years with 870 billionaires, while China follows with 823 of the world’s wealthiest residents.