In a historic first, Mumbai has dethroned Beijing as Asia's billionaire capital, with a staggering 92 billionaires compared to Beijing's dwindling 51

This phenomenal rise is mirrored by India's addition of 94 new billionaires in a single year, surpassing China's 55 and solidifying India's position as the second-largest contributor to the global billionaire population.

With 271 billionaires, India is now the third-ranked country globally, surpassing Germany.....

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Via business-standard.com