It is well known that the wealthiest people prefer to live in urban areas due to the wide range of amenities they offer such as great schools, access to various career paths, and a thriving arts and cultural scene. This is why most millionaires and billionaires choose to reside in large cities over smaller towns. Notably, New York City tops the list of the richest cities in the world with 340,000 individuals worth over $1 million, 724 centi-millionaires ($100 million or more), and 58 billionaires ($1 billion or more). Tokyo, Japan, comes in second with 290,300 individuals worth over $1 million, 250 centi-millionaires, and 14 billionaires. Tokyo is also the economic capital of Japan, home to renowned companies such as Sony, Nintendo, Hitachi, Fujitsu, Panasonic, Toshiba, Honda, and Toyota.
World’s Richest Cities, 2024: This digital report is packed with exclusive data that showcases the world’s richest and fastest-growing cities, with a focus on the number of millionaires, centi-millionaires, and billionaires they host. It also includes insights from leading experts in academia and industry, covering global and real estate trends. Whether you’re a high-net-worth investor, a financial advisor, an industry professional, or a policy maker looking to attract wealth to your city, this informative report is a must-read.
These Are the Richest Cities in the World, 2024
| Rank | City/Area | Country | HNWIs ($1 million or more) | Centi-millionaires ($100 million or more) | Billionaires ($1 billion or more) |
|---|---|---|---|---|---|
| 1 | New York City | USA | 340000 | 724 | 58 |
| 2 | Tokyo | Japan | 290300 | 250 | 14 |
| 3 | The Bay Area | USA | 285000 | 629 | 63 |
| 4 | London | UK | 258000 | 384 | 36 |
| 5 | Singapore | Singapore | 240100 | 329 | 27 |
| 6 | Los Angeles | USA | 205400 | 480 | 42 |
| 7 | Hong Kong | Hong Kong (SAR China) | 129500 | 290 | 32 |
| 8 | Beijing | China | 128200 | 354 | 43 |
| 9 | Shanghai | China | 127200 | 332 | 40 |
| 10 | Sydney | Australia | 126900 | 184 | 15 |
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This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
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