Save. Spend. Splurge.
March 11, 2014

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

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11 Comments

  • The Phroogal Jason
    March 18, 2014

    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
  • Michelle
    March 11, 2014

    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
  • SP
    March 11, 2014

    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
    • save. spend. splurge.
      March 11, 2014

      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
  • jane savers @ solving the money puzzle
    March 11, 2014

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

    Reply
  • Mark Ross
    March 11, 2014

    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
  • Charles@gettingarichlife
    March 11, 2014

    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

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