In a report by Henley & Partners and New World Wealth, the world’s top 10 wealthiest cities in 2024 have been identified. These cities are attractive to the ultra-wealthy due to their big corporations and high-end real estate.
New York City maintains its position as the world’s wealthiest city, with 11 other US cities making it to the top 50 list. However, Tokyo has fallen to third place due to a decline in its high-net-worth individual population.
Singapore has seen significant growth, climbing to fourth place with an impressive increase in its millionaire population. Dubai has emerged as the wealthiest city in the Middle East, ranking 21st in the top 50 list. London has experienced a decline in ranking, moving down to fifth place, while Los Angeles has risen to sixth place with substantial growth in its wealthy population.
India has also made progress, with Mumbai and Delhi breaking into the top 50 list at 24th and 37th place, respectively. This indicates a growing presence of wealthy individuals in the country. The top 10 wealthiest cities in the world in 2024 provide a glimpse into the global landscape of wealth and prosperity.
These cities offer a range of advantages for wealthy individuals looking for a new home or investment opportunities. High-end real estate and big corporations are just some of the factors that contribute to their appeal.
Overall, these findings highlight the growing importance of wealth management strategies for businesses and individuals looking to invest or relocate globally.
In conclusion, these ten cities represent some of the most desirable locations for wealthy individuals around the world. As such, they offer valuable insights into emerging trends in global wealth management and economic development.
The full report by Henley & Partners and New World Wealth provides more detailed information on each city’s strengths and weaknesses as well as their future prospects for growth and prosperity.
