New York Retains Title as World's Wealthiest City in 2024 Report
Tags: Reports
New York City, USA, maintains its position as the wealthiest city globally, according to the 2024 World's Wealthiest Cities Report by Henley & Partners.
An Overview of the News
The Bay Area in California, USA, secures the second spot, with Tokyo, Japan; Singapore; and London, UK, following closely at 3rd, 4th, and 5th positions, respectively.
Mumbai, Maharashtra, and Delhi are the only Indian cities among the top 50, ranked 24th and 37th, respectively.
The USA leads as the wealthiest country with 11 cities in the top 50.
China dominates the list with 5 mainland cities, along with Hong Kong and Taipei featured in the top 50.
Shenzhen, China, experiences the fastest growth in millionaires, with a 140% increase over the last decade.
Top 10 Wealthiest Cities
New York City, USA: 349,500 millionaires, 48% growth (2013–2023).
The Bay Area, USA: 305,700 millionaires, 82% growth.
Tokyo, Japan: 298,300 millionaires, -5% growth.
Singapore: 244,800 millionaires, 64% growth.
London, UK: 227,000 millionaires, -10% growth.
Los Angeles, USA: 212,100 millionaires, 45% growth.
Paris & Île-de-France, France: 165,000 millionaires, 12% growth.
Sydney, Australia: 147,000 millionaires, 34% growth.
Hong Kong, Hong Kong (SAR China): 143,400 millionaires, -4% growth.
Beijing, China: 125,600 millionaires, 90% growth.
About Henley & Partners:
CEO - Dr. Juerg Steffen
Headquarters - London, UK
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