Top 10 Wealthiest Cities in the World 2023
The Big Apple, New York City takes home the top spot with the most number of millionaires at 340,000 in total.
The post Top 10 Wealthiest Cities in the World 2023 appeared first on LUXUO.
In the fresh round of which city boasts the highest number of millionaires, New York City claims the top spot with 340,000 millionaires and 724 centi-millionaires calling The Big Apple home. The city is not only the home ground for two of the world?s largest stock exchanges, NYSE and Nasdaq, but is also one of the world?s most important financial capitals. Between the period of 2012 to 2022, New York City saw a 40 per cent increase in the number of high-net-worth individuals moving to the city.
The top 10 wealthiest cities are as follows:
New York City
Tokyo
The Bay Area (San Francisco and Silicon Valley)
London
Singapore
Los Angeles
Hong Kong
Beijing
Shanghai
Sydney
The list, published by investment migration company Henley & Partners and global wealth intelligence firm New World Wealth, tracks cities with residents that have an investable wealth of at least US$1 million. This year?s results saw the US dominate 10 places in the top 50 while China followed behind with five and Australia had four. Looking at the numbers more closely, California?s Bay Area has the highest concentration of billionaires at 63 individuals then trailing behind are New York, Beijing and Los Angeles.
READ MORE: Top 10 Richest People in the World 2023
I...
The post Top 10 Wealthiest Cities in the World 2023 appeared first on LUXUO.
In the fresh round of which city boasts the highest number of millionaires, New York City claims the top spot with 340,000 millionaires and 724 centi-millionaires calling The Big Apple home. The city is not only the home ground for two of the world?s largest stock exchanges, NYSE and Nasdaq, but is also one of the world?s most important financial capitals. Between the period of 2012 to 2022, New York City saw a 40 per cent increase in the number of high-net-worth individuals moving to the city.
The top 10 wealthiest cities are as follows:
New York City
Tokyo
The Bay Area (San Francisco and Silicon Valley)
London
Singapore
Los Angeles
Hong Kong
Beijing
Shanghai
Sydney
The list, published by investment migration company Henley & Partners and global wealth intelligence firm New World Wealth, tracks cities with residents that have an investable wealth of at least US$1 million. This year?s results saw the US dominate 10 places in the top 50 while China followed behind with five and Australia had four. Looking at the numbers more closely, California?s Bay Area has the highest concentration of billionaires at 63 individuals then trailing behind are New York, Beijing and Los Angeles.
READ MORE: Top 10 Richest People in the World 2023
I...
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