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11 comments on Where do the richest people in the world live?

Where do the richest people in the world live?

Ultra-High Net Worth Individuals or (UHNW) folks have assets of more than $30 million, and they live in these cities as of 2014:

  1. London
  2. New York
  3. Singapore
  4. Hong Kong
  5. Geneva
  6. Shanghai
  7. Miami
  8. Dubai
  9. Beijing
  10. Paris

London-England-Photography-Big-Ben-Site-Travel

It is predicted that in 10 years, these will be the richest cities in the world:

  1. New York
  2. London
  3. Hong Kong
  4. Singapore
  5. Shanghai
  6. Beijing
  7. Dubai
  8. Miami
  9. Geneva
  10. Mumbai

Photograph-Travel-NYC-New-York-City-USA-Times-Square-Energy-People-Busy

…and the 5 fastest growing city hotspots are:

  1. Sao Paulo
  2. Istanbul
  3. Abu Dhabi
  4. Mumbai
  5. Sydney

Interestingly, in North America, 28% of UHNWI’s own a home, and it represents 28% of their net worth, owning on average, 2.4 homes:

http://www.thewealthreport.net/uhnwi-attitudes-survey/default.aspx#sthash.6BDVhoIi.dpbs

 

They’re considering buying another home in 2014 (just over 1/5th of them), and 15% want to relocate for a better quality of life, and are more likely to want to move to the United Kingdom.

Via: The Wealth Report

11 responses to “Where do the richest people in the world live?”

  1. The Phroogal Jason Avatar
    The Phroogal Jason

    I’m curious in not San Francisco in that list cause it seems like one must be worth $30MM in order to live here.

    Reply
  2. Michelle Avatar
    Michelle

    I’m intrigued by the fact that I’ve spent time in 5 of those cities and haven’t met a rich man in any of them. I think I’m doing something wrong. Will ponder that.

    Reply
    1. save. spend. splurge. Avatar
      save. spend. splurge.

      HAHAHAH!!! They’re all hiding in their private homes perhaps? 🙂

      Reply
  3. SP Avatar
    SP

    Miami is nice and all, but I’m surprised to see it on the list. I wonder why? Like, what is the industry that drives it up, or the appeal? Compared to the others, it seems like a much las global city.

    Reply
    1. save. spend. splurge. Avatar
      save. spend. splurge.

      The great humid weather? I think it might also be the 0% state taxes, it’s full of golf courses, and that beach is to die for.. When I lived there, they had this amazing island (private of course) that had these massive houses on the way to the beach…

      Reply
  4. jane savers @ solving the money puzzle Avatar
    jane savers @ solving the money puzzle

    Could you figure out where the extremely rich single middle aged men live and post that? I am considering a move.

    Reply
    1. save. spend. splurge. Avatar
      save. spend. splurge.

      HAH! New York 🙂 Full of bachelors, I hear.

      Reply
  5. Mark Ross Avatar
    Mark Ross

    Interesting article! I’m just shocked Mumbai is included on that list. It’s not that I hate India, but I just think there are better places to live than there.

    Reply
    1. save. spend. splurge. Avatar
      save. spend. splurge.

      @Mark Ross: Well I doubt it’s foreigners living there, it’s probably uber rich Indians in steel and so on that are there 🙂

      Reply
  6. Charles@gettingarichlife Avatar
    Charles@gettingarichlife

    9 out of 10 places I would like to visit and ask how the hell do people afford to live here? No desire for Mumbai though.

    Reply
    1. save. spend. splurge. Avatar
      save. spend. splurge.

      Miami was nice though 🙂 Just too hot and humid for me. Mumbai is a no-go.

      Reply

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