Mumbai has been named among the worlds top ten billionaire cities as it is home to as many as 20 richest Indians, according to a list compiled by the Forbes magazine.
Reliance Industries chairman Mukesh Ambani, ranked as the richest Indian in the world with a fortune of USD 29 billion, resides in Mumbai along with 19 other billionaires who have been named in the Forbes list.
Other notable billionaires residing in Mumbai include Anil Ambani, Shashi & Ravi Ruia, Kumarmangalam Birla and Pallonji Mistry.
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