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In San Francisco, one in every 11,600 is a billionaire

In San Francisco, one in every 11,600 is a billionaire 

If you think seeing a billionaire is a rare phenomenon, maybe you should pay a visit to San Francisco.

A new ‘billionaire census’ report from Wealth-X has revealed that the hilly city in Northern California is actually the city of the wealthy.

It has the highest density of billionaires in the world.

Here’s more on the fascinating report.

75 billionaires in San Francisco 

One would think Dubai or New York may have the highest density of billionaires, but surprisingly, all these places have been dwarfed by San Francisco.

Sitting over Silicon Valley, the city has a whopping 75 billionaires, meaning you can find a billionaire in every 11,600 people living there.

Now, these are some crazy numbers for a city.

If we look solely at numbers, New York wins 

If we look solely at the billionaire count, New York and Hong Kong both would win with 105 and 87 billionaires, respectively.

But, the deal is, both these places have a population of over 70 lakh while San Francisco is a small city with not even 10 lakh people.

This is what makes it a clear winner here.

Other cities following San Francisco 

Now, coming back to the more accurate billionaire density stats, the Wealth-X report mentioned that San Francisco is followed by New York, Dubai, and Hong Kong – all three cities have a billionaire in every 81,000-85,000 people.

The last on the list is Istanbul with a billionaire in every 462,629 people, while Mumbai is the third last with a billionaire in every 327,431 people.

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