MumbaiDelhiBengaluruAhmedabadPune and HyderabadKolkataMumbai, the financial capital of India, has the highest number of billionaires in India. According to the Forbes India Rich List 2023, it houses 33 billionaires out of the top 100 richest people in the country. The prominent billionaires of Pune and Hyderabad are Cyrus Poonawala, Baba Kalyani, Reddy Family and Murali Divi.Kolkata has three billionaires. However, some new billionaires prefer their smaller cities for company headquarters and residence.Joy Allukkas, the 50th richest person in India, has chosen Kochi and Thrissur for his residence and company headquarters. MA Yusuff, the chairman of LuLu International, has also chosen Kochi for his residence and the India headquarters of his company.

Source: Forbes October 30, 2023 08:00 UTC