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Top 10 Wealthiest Cities In The World in 2024: Do India's Mumbai, Delhi feature? Check full list

TOI Business Desk
| TIMESOFINDIA.COM | Last updated on - May 11, 2024, 22:17 IST
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1/13

Top 10 Wealthiest Cities In The World in 2024

Top 10 Wealthiest Cities In The World in 2024: In terms of the count of resident millionaires having liquid investable wealth of $1 million or more, the United States takes the lead, with 11 cities featured in the Top 50! According to a report by international wealth migration specialists Henley & Partners in collaboration with the global data intelligence firm New World Wealth, New York tops the list. Which is the wealthiest city in Asia? Does any Indian city feature? Check the list of the world’s top 10 wealthiest cities in 2024:

2/13

New York

The combined wealth of New York City's residents has surpassed $3 trillion, surpassing the total wealth held in many major G20 countries. The city is home to an impressive 349,500 millionaires, 744 centi-millionaires (with investable wealth exceeding $100 million), and 60 billionaires. (AI image)

3/13

The Bay Area

Close behind in second place is the Bay Area of Northern California, which includes San Francisco and Silicon Valley. The Bay Area has experienced one of the highest wealth growth rates globally, with its millionaire population soaring by an impressive 82% over the past decade. Currently, the region is home to 305,700 millionaires, 675 centi-millionaires, and 68 billionaires. (AI image)

4/13

Tokyo

Tokyo, once the frontrunner as the world's wealthiest city a decade ago, has experienced a 5% decrease in its population of high-net-worth individuals over the past ten years. Presently, it holds the third position with just 298,300 millionaires, 267 centi-millionaires and 14 billionaires. (AI image)

5/13

Singapore

The city-state of Singapore has risen two spots to claim the 4th position in the global ranking, propelled by a remarkable 64% surge in millionaires over the past decade. It appears poised to surpass Tokyo as Asia's wealthiest city in the near future. Renowned as one of the most business-friendly cities globally, Singapore is also a top destination for migrating millionaires. In 2023 alone, approximately 3,400 high-net-worth individuals relocated there. Presently, the city boasts 244,800 resident millionaires, 336 centi-millionaires, and 30 billionaires. (AI image)

6/13

London

London, long considered the wealthiest city globally for numerous years, continues its descent in the rankings and currently holds the 5th position. It is home to just 227,000 millionaires, 370 centi-millionaires, and 35 billionaires, marking a decline of 10% over the past decade. (AI image)

7/13

Los Angeles

Los Angeles, with its 212,100 millionaires, 496 centi-millionaires, and 43 billionaires, has surged two positions over the span of 10 years to claim the 6th spot. The city has experienced significant growth in its affluent population, enjoying a remarkable 45% increase. (AI image)

8/13

Paris

Paris is mainland Europe's wealthiest city! It has maintained its 7th position in the top 10 wealthiest cities ranking, with 165,000 resident millionaires. It has 286 centi-millionaires and 23 billionaires. (AI image)

9/13

Sydney

Sydney has risen to the 8th position in the list, boasting 147,000 high-net-worth individuals, following remarkable wealth growth over the past two decades. It has 205 centi-millionaires and 20 billionaires. (AI image)

10/13

Hong Kong

China has made a significant impact on the latest Top 50 Wealthiest Cities ranking, with five cities in mainland China included on the list. When considering Hong Kong (SAR China) with 143,400 millionaires and Taipei with 30,200, the total count rises to seven cities. Hong Kong has slipped four places to 9th in the ranking over the 10-year period. (AI image)

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Beijing

Beijing, with 125,600 millionaires, has entered the Top 10 for the first time after experiencing a remarkable 90% growth in its millionaire population over the past decade. Despite Hong Kong slipping, Shanghai (123,400), Shenzhen (50,300), Guangzhou (24,500), and Hangzhou (31,600) have all seen substantial increases in their millionaire populations. (AI image)

12/13

Mumbai

Indian city Mumbai has made to the list of the top 50 wealthiest cities in the world at a rank of 24 with 58,800 millionaires, 236 centi-millionaires, and 29 billionaires. (AI image)

13/13

Delhi

India’s national capital Delhi has bagged the 37th rank in the list of top 50 wealthiest cities in the world with 30,700 millionaires, 123 centi-millionaires, and 16 billionaires. (AI image)

Top Comment
S
Sunil M
744 days ago
Mumbai's billionaires can remove all the teeming slums of their once beautiful city. Don't they know they land on Slumbay ?
Read allPost comment
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