The world's richest cities have been confirmed, with London making the top 10. A report by financial analysts tracked global wealth migration trends from around the world to determine where the richest people were living. According to the financial study, titled the World’s Wealthiest Cities Report 2024, London has a remarkable 227,000 millionaires.
But it also showed those with more wealth including 370 centi-millionaires - those with wealth of £100 million - and an astonishing 35 billionaires who live there. The UK capital was pipped to the post by New York, the Bay Area, which includes San Francisco and Silicon Valley, in addition to Tokyo and Singapore. The north-eastern US state took the title of the world’s richest city in the Henley and Partners report which notched-up a figure of 349,500 millionaires and an amazing 60 billionaires.
London, however, was not the only UK city to make the global rankings. Manchester also found itself on the list, but not in the Top 10. It was ranked 50th richest city in the world with 23,200 millionaires and an impressive seven billionaires The world’s 10 richest cities in 2024 1.
New York 2. The Bay Area 3. Tokyo 4.
Singapore 5. London 6. Los Angeles 7.
Paris 8. Sydney 9. Hong Kong 10.
Beijing Travel bible Time Out was not surprised by the London listing and said its position was shown by the high number of cash-rich residents who wanted to make the city their home. It said: "Given the high cost of things in London these days, and.