Moscow leads the way with 79 billionaires, the most billionaire residents in the world. In the past year, Moscow has had an increase of 21 billionaires..

In Asia, three Chinese cities ranked high with billionaire presence: Hong Kong ranking fourth in the list with 40 billionaires, Beijing ranking 10th with 19 billionaires, and Shanghai ranking 13th with 16 billionaires.

New York continues to maintain their high profile, ranking second, with a collective net worth of their 59 billionaires amounting to $221 billion.

London comes in third with 41 billionaires and Los Angeles falls at number eight. Other cities in the top 15 include rising cities such as Mumbai, Taipei, Sao Paolo, and Istanbul.