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Mumbai among 15 global cities in terms of total wealth held


India's financial hub Mumbai has been named among top 15 cities globally in terms of total wealth held, while London topped the list.
●    According to New World Wealth, the wealthiest cities in the world are London with USD 2.7 trillion of total wealth.
●    New York City (USD 2.6 trillion) and Tokyo (USD 2.2 trillion) in the second and third place respectively.
●    Mumbai featured on the 14th place in the list with a total wealth held in the city worth USD 820 billion.
●    Home to 45,000 millionaires and 28 billionaires, Mumbai is the economic hub of India. It is also home to the Bombay Stock Exchange (BSE).
●    Others in the list include San Francisco Bay area at the fourth place with a total wealth of USD 1.9 trillion; Beijing (5th, USD 1.8 trillion); Shanghai (6th, USD 1.6 trillion).
●    Other countries are Sydney, Toronto, Frankfurt, Paris.
●    'Total wealth' refers to the private wealth held by all individuals in a country.

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