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Detailed explanation-1: -Mumbai has topped the Hurun India Wealth Report 2021. New Delhi: The number of dollar-millionaire households in India increased by 11 per cent compared to last year, according to Hurun India Wealth Report 2021.

Detailed explanation-2: -Mumbai is the financial capital of India and is also home to the maximum number of wealth creators of the country with over 280 of the richest Indians residing in the city that is also known as the ‘City of Dreams’.

Detailed explanation-3: -In 2021, Mumbai was home to the highest number of millionaires, followed by India’s capital New Delhi, and the IT capital - Bengaluru. This comes as no surprise since all three cities have the largest share of high net worth households along with a booming economic outlook.

Detailed explanation-4: -#1: New York New York is the wealthiest city in the world⁠-home to 345,600 millionaires with a total private wealth that exceeds $3 trillion.

Detailed explanation-5: -In 2021, India had 7.96 lakh millionaires, which is expected to grow 105 per cent to 16.32 lakh.