Here are the top 5 cities with the most billionaires | IOL Business Report

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Here are the top 5 cities with the most billionaires busrep

DURBAN - The 2019 Forbes World's Billionaires List featured 2153 members and revealed that 551 of them lived in 10 of the world's 1860 cities according to Forbes Africa.

New York City, the home of Wall Street has the most amount of billionaires. The billionaires have a total worth of $469.7 billion which is the more than the GDP id Austria. New York City has held the top spot for the past five years. Total wealth refers to the private wealth that individuals in each city hold including property, cash and business equities among other things.

 

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