Money
Who are the World’s Richest People in Finance?
See this visualization first on the Voronoi app.
Who are the World’s Richest People in Finance?
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
The combined net worth of the 10 richest people in finance reached $446.9 billion in 2024.
Here, we rank them based on Forbes data as of Feb. 1, 2024.
The Oracle of Omaha
93-year-old Warren Buffett heads the list. The chairman and CEO of Berkshire Hathaway has a net worth of $128.7 billion.
Buffett’s Berkshire Hathaway portfolio is 62% invested in only three stocks: Apple (42.9%), Bank of America (10.2%) and American Express (9.1%).
Based in Omaha, Nebraska, where he has spent much of his life and where Berkshire Hathaway is headquartered, Buffett is also the 6th richest person in the world.
| Rank | Name | Net Worth |
|---|---|---|
| 1 | Warren Buffett | $128.7B |
| 2 | Michael Bloomberg | $96.3B |
| 3 | Ken Griffin | $37.2B |
| 4 | Stephen Schwarzman | $36.8B |
| 5 | Jim Simons | $30.7B |
| 8 | Thomas Peterffy | $29.4B |
| 6 | Jeff Yass | $28.9B |
| 7 | Abigail Johnson | $28.3B |
| 9 | R. Budi Hartono | $25.8B |
| 10 | Daniel Gilbert | $24.8B |
In second place is Michael Bloomberg, with $96.3 billion. Besides founding the financial data and media company Bloomberg LP in 1981, Bloomberg served as mayor of New York City for 12 years, from 2002 to 2013. A prominent philanthropist, he is committed to donating his stake in Bloomberg LP to Bloomberg Philanthropies when he dies.
In third place, Ken Griffin possesses almost a third of Bloomberg’s net worth. He founded and runs Citadel, a Miami-based hedge fund firm that manages $60 billion in assets. Stephen Schwarzman, Chairman and CEO of Blackstone Group, comes in fourth with $36.8 billion.
The only non-American is Robert Budi Hartono, one of the wealthiest people in Indonesia. His wealth comes from Djarum, one of the world’s largest producers of clove cigarettes, and Bank Central Asia, one of the country’s largest banks.
The lone female on the list is Abigail Johnson. She is the president and CEO of Fidelity Investments. Johnson took over the CEO position from her father in 2014.
Money
Charted: Which City Has the Most Billionaires in 2024?
Just two countries account for half of the top 20 cities with the most billionaires. And the majority of the other half are found in Asia.
Charted: Which Country Has the Most Billionaires in 2024?
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Some cities seem to attract the rich. Take New York City for example, which has 340,000 high-net-worth residents with investable assets of more than $1 million.
But there’s a vast difference between being a millionaire and a billionaire. So where do the richest of them all live?
Using data from the Hurun Global Rich List 2024, we rank the top 20 cities with the highest number of billionaires in 2024.
A caveat to these rich lists: sources often vary on figures and exact rankings. For example, in last year’s reports, Forbes had New York as the city with the most billionaires, while the Hurun Global Rich List placed Beijing at the top spot.
Ranked: Top 20 Cities with the Most Billionaires in 2024
The Chinese economy’s doldrums over the course of the past year have affected its ultra-wealthy residents in key cities.
Beijing, the city with the most billionaires in 2023, has not only ceded its spot to New York, but has dropped to #4, overtaken by London and Mumbai.
| Rank | City | Billionaires | Rank Change YoY |
|---|---|---|---|
| 1 | 🇺🇸 New York | 119 | +1 |
| 2 | 🇬🇧 London | 97 | +3 |
| 3 | 🇮🇳 Mumbai | 92 | +4 |
| 4 | 🇨🇳 Beijing | 91 | -3 |
| 5 | 🇨🇳 Shanghai | 87 | -2 |
| 6 | 🇨🇳 Shenzhen | 84 | -2 |
| 7 | 🇭🇰 Hong Kong | 65 | -1 |
| 8 | 🇷🇺 Moscow | 59 | No Change |
| 9 | 🇮🇳 New Delhi | 57 | +6 |
| 10 | 🇺🇸 San Francisco | 52 | No Change |
| 11 | 🇹🇭 Bangkok | 49 | +2 |
| 12 | 🇹🇼 Taipei | 45 | +2 |
| 13 | 🇫🇷 Paris | 44 | -2 |
| 14 | 🇨🇳 Hangzhou | 43 | -5 |
| 15 | 🇸🇬 Singapore | 42 | New to Top 20 |
| 16 | 🇨🇳 Guangzhou | 39 | -4 |
| 17T | 🇮🇩 Jakarta | 37 | +1 |
| 17T | 🇧🇷 Sao Paulo | 37 | No Change |
| 19T | 🇺🇸 Los Angeles | 31 | No Change |
| 19T | 🇰🇷 Seoul | 31 | -3 |
In fact all Chinese cities on the top 20 list have lost billionaires between 2023–24. Consequently, they’ve all lost ranking spots as well, with Hangzhou seeing the biggest slide (-5) in the top 20.
Where China lost, all other Asian cities—except Seoul—in the top 20 have gained ranks. Indian cities lead the way, with New Delhi (+6) and Mumbai (+3) having climbed the most.
At a country level, China and the U.S combine to make up half of the cities in the top 20. They are also home to about half of the world’s 3,200 billionaire population.
In other news of note: Hurun officially counts Taylor Swift as a billionaire, estimating her net worth at $1.2 billion.
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