Save. Spend. Splurge.

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


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


…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:


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


  • 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.

  • 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.

  • 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.

    • 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…

  • 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.

  • 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.

  • 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.

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