Mumbai has clinched the title of Asia's billionaire capital, surpassing Beijing for the first time, according to Hurun Research's 2024 Global Rich List. With 92 billionaires, Mumbai now ranks third globally, trailing behind New York and London. The city's remarkable ascent is attributed to the addition of 26 new billionaires within a year, primarily from sectors like energy and pharmaceuticals. Mukesh Ambani remains a powerhouse, securing the 10th position globally, while Gautam Adani's wealth surge propels him to the 15th rank. Despite fluctuations, Indian billionaires continue to make significant strides in the global wealth landscape.