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The city of Mumbai, the commercial capital of India, has emerged as the world's richest city on the twelfth place. This is said in a report of 'New World Wealth'.

The report said that the top 10 cities in the top-ranked list are New York City's name. The total wealth of this city is 3 trillion US dollars. And the amount of Mumbai's assets in twelfth place is 950 billion dollars. London (2.7 trillion dollars), Tokyo (2.5 trillion dollars) and San Francisco (2.13 trillion dollars) respectively, from the second to the fourth place in the list.

Then there are Beijing (2.1 trillion dollars), Shanghai (2 trillion), Angels (1.4 trillion), Hong Kong (1.3 trillion), Sydney (1 trillion), Singapore (1 trillion) and Chicago (988 billion) Dollar

But in the report, Beijing, San Francisco, Shanghai, Mumbai, Sydney have been rapidly changing the terms of wealth for 10 years. Mumbai has lost a city like Toronto (944 US dollars), Frankfurt ($ 912 billion) and Paris ($ 860 billion). In this report, it is calculated by calculating all the assets including houses, money and commerce.

And this list has been dropped from the wealthy cities like Houston, Geneva, Osaka, Seoul, Shenzhen, Melbourne, Zurich and Dallas.

The report also said that Mumbai's first 10 names in the list of the richest cities in the world are Mumbai's name. There are 29 billionaires in Mumbai. Whose assets amount to more than a billion dollars.