3. Hong Kong: 80 Billionaires
Hong Kong, a former British colony is now home to 80 Billionaires. The city’s wealthiest person is Li Ka-Shing, a retired investing legend whose net worth is $33.7 billion. Li Ka-Shing added $12 billion more to his fortune this year while media tycoon Jimmy Lai was arrested last year under the city’s controversial national security law.
4. Moscow- 79 Billionaires
Moscow, the capital of Russia ranks fourth in the list of the world’s richest city which added nine new billionaires making it home to 79 billionaires. Russian economy faced a serious slowdown due to the Coronavirus pandemic which caused its GDP to contract in 2020.