The world’s top 10 wealthiest cities in 2024 are attracting the ultra-rich due to their abundance of big corporations and high-end real estate. According to the World’s Wealthiest Cities Report 2024 by Henley & Partners and New World Wealth, New York City remains at the top as the wealthiest city worldwide, with several other US cities also featuring on the list.
In contrast, Tokyo has slipped from its previous number one position to third place due to a decrease in its high-net-worth individual population. Despite this, Singapore has seen significant growth in its millionaire population, securing its fourth place on the list and cementing its position as a leading Asian financial hub. Dubai has emerged as the wealthiest city in the Middle East, ranking 21st in the top 50 list.
Traditional financial centers like London have dropped to fifth place, while Los Angeles has risen to sixth place with a noticeable increase in its wealthy population. India has made remarkable progress, with Mumbai and Delhi breaking into the top 50 list at 24th and 37th place respectively, indicating a growing presence of wealthy individuals in the country.
The list of the top 10 wealthiest cities in the world in 2024 showcases how global wealth and economic power are shifting across different regions and countries.
