NYC named the billionaire capital of the world

New York has been named the billionaire capital of the world as it boasts 136 of the super wealthy moguls, fresh analysis shows.

The Big Apple came out ahead of Hong Kong, Moscow and London which ranked second, fourth and fifth respectively in the billionaire’s list.

Meanwhile San Francisco and Los Angeles were the other two US cities to make the top ten, according to figures compiled by data firm Altrata and wealth valuation company Wealth X using figures from 2022.

San Francisco is home to 84 billionaires while LA has 58 – making them the third and seventh in the listings.

The report noted that there had been a two percent fall in the number of billionaires in the US – yet is still dominated the rankings.

And New York lost two of its billionaire citizens between 2021 and 2022, the data showed.

Some of the city’s most prominent high-net individuals include former mayor Michael Bloomberg who has a net worth of $94.5 billion, according to Forbes’s real-time wealth index.

Bloomberg made much of his wealth through cofounding his namesake financial information and media company in 1981.

He is joined by New York’s so-called ‘richest woman’ Julia Koch who is worth $56.9 billion after she inherited a 42 percent stake in Koch Industries from her husband David following his death in 2019, aged 79.

The city is also famous for its ‘Billionaire’s Row’ – a name given to the group of ultra-luxury residential skyscrapers in the southern end of Central Park.

San Francisco is also boosted up by the rankings thanks to its thriving tech sector in Silicon Valley.

The city is home to billionaires such as Meta owner Mark Zuckerberg and Laurene Powell Jobs – the widow of Apple founder Steve.