World’s Richest Cities
New York City has been ranked as the world's wealthiest city in 2023.
World's wealthiest city
A recent report by London-based consultancy Henley & Partners has given the top spot to New York. The city had a 40% growth in its population of high-net-worth individuals. NYC is home to 340,000 individuals worth over $1 million, 724 centi-millionaires, and 58 billionaires. The NYSE and Nasdaq, the two biggest stock exchanges in the world, are located there. It is also the USA’s financial hub.
The 2nd wealthiest city
The second wealthiest city on the list is Tokyo, Japan. The Japanese city has a population of 290,300 high-net-worth individuals. Tokyo is home to 250 centi-millionaires and 14 billionaires. Tokyo accounts for 21% of Japan’s millionaires.
The 3rd wealthiest city
California’s Bay Area, which includes San Francisco and Silicon Valley, rounded out the top three. The Bay Area is home to 285,000 high-net-worth individuals. There are 629 centi-millionaires and 63 billionaires.
The 4th wealthiest city
London, the capital of the United Kingdom, is the wealthiest city in Europe and comes in at number four on the list. There are 36 billionaires, 384 centimillionaires, and 258,000 millionaires living there.
Interestingly, the top 10 cities were dominated by those in the United States and China.
Mumbai featured at #21 while Delhi (#36), Bengaluru (#60), Kolkata (#63) and Hyderabad (#65) too found a mention.
New York, USA’s financial hub is the richest city.
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