Mumbai Overtakes Beijing as Asia's Billionaire Capital

Mumbai, with 92 billionaires, becomes Asia's top billionaire city, as India ranks third globally with 271 billionaires.

Confidence in the Indian economy reaches record levels, driving billionaire growth.
Mukesh Ambani represents India in the top billionaire ranks, despite dropping a spot.
Gautam Adani sees a significant rise in wealth, ranking 15th globally with a $86 billion fortune.
India's growth attributed to industries like Pharmaceuticals and Automobile & Auto Components.
Reliance Industries' merger with Walt Disney highlighted as a significant global transaction.
Worldwide, 167 new billionaires were added this year, bringing the total to 3279.