30. Shanghai: 960 ultra-high net worth individuals
Although China is home to the second-largest number of ultra-wealthy people, those individuals are spread out across a massive country. Shanghai, the most populous city in China and a global financial hub, now has 960 residents who are worth $30 million or more. That’s a relatively modest number considering the city’s size, but represents a dramatic change from just a few decades back when the communist country adopted economic reforms.