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World’s Wealthiest Cities 2023: New York City Tops The List In 2023
(CTN NEWS) – In 2023, New York City was ranked first on a new list of the World’s Wealthiest Cities, followed by Silicon Valley’s Bay Area and Tokyo, Japan.
Mumbai was included at number 21, and Delhi, Bengaluru, Kolkata, and Hyderabad were also mentioned.
The ranking, which was created by London-based consultancy Henley & Partners, ranked the cities according to the number of millionaires who resided there as of December 31, 2022 (rounded to the nearest ten).
There were no European cities in the top 10, with the exception of London, and it was dominated by American and Chinese cities.
One of the cities in the Asia Pacific region with the quickest growth rates was Bengaluru. Bengaluru, sometimes referred to as the “Garden City” and the “Silicon Valley of India,” has a thriving tech sector, according to the survey.
Using information from New World Wealth, a wealth intelligence company that keeps tabs on the whereabouts and spending patterns of high-net-worth people with titles like Founder, Chairperson, CEO, and Director, the World’s Wealthiest Cities Report 2023 examined 97 locations around the globe.
Henley & Partners stated on its website that it also took into account the quantity of expensive residences in the neighborhood.
Top World’s Wealthiest Cities List 2023
Rank | City | Country | No. of High Net Worth Individuals |
1 | New York City | United States | 340,000 |
2 | Tokyo | Japan | 290,300 |
3 | The Bay Area | United States | 285,000 |
4 | London | United Kingdom | 258,000 |
5 | Singapore | Singapore | 240,100 |
6 | Los Angeles | United States | 205,400 |
7 | Hong Kong | SAR China | 129,500 |
8 | Beijing | China | 128,200 |
9 | Shanghai | China | 127,200 |
10 | Sydney | Australia | 126,900 |
11 | Chicago | United States | 124,000 |
12 | Toronto | Canada | 105,200 |
13 | Frankfurt | Germany | 102,200 |
14 | Zurich | Switzerland | 99,300 |
15 | Houston | United States | 98,500 |
16 | Seoul | South Korea | 97,000 |
17 | Melbourne | Australia | 96,000 |
18 | Paris | France | 93,000 |
19 | Geneva | Switzerland | 85,800 |
20 | Dubai | UAE | 68,400 |
21 | Mumbai | India | 59,400 |
22 | Rome | Italy | 56,500 |
23 | Seattle | United States | 50,500 |
24 | Shenzhen | China | 45,700 |
25 | Osaka | Japan | 44,900 |
26 | Boston | United States | 41,700 |
27 | Kyoto | Japan | 40,400 |
28 | Miami | United States | 38,000 |
29 | Vancouver | Canada | 37,300 |
30 | Tel Aviv | Israel | 35,600 |
31 | Moscow | Russia | 35,200 |
32 | Perth | Australia | 33,900 |
33 | Brisbane | Australia | 31,900 |
34 | Austin | United States | 30,500 |
35 | Hangzhou | China | 30,400 |
36 | Delhi | India | 30,200 |
37 | Madrid | Spain | 29,000 |
38 | Auckland | Australia | 24,500 |
39 | Abu Dhabi | UAE | 24,200 |
40 | Manchester | United Kingdom | 24,200 |
41 | Nice | France | 23,900 |
42 | Guangzhou | China | 23,500 |
43 | Athens | Greece | 23,100 |
44 | Doha | Qatar | 21,500 |
45 | Lisbon | Portugal | 20,800 |
46 | Dublin | Ireland | 18,400 |
47 | Riyadh | Saudi Arabia | 18,100 |
48 | Montreal | Canada | 17,900 |
49 | Monaco | Monaco | 17,600 |
50 | Las Vegas | United States | 16,800 |
51 | Istanbul | Turkey | 16,300 |
52 | Warsaw | Poland | 15,100 |
53 | Jerusalem | Israel | 15,100 |
54 | San Diego | United States | 14,700 |
55 | Calgary | Canada | 14,700 |
56 | Johannesburg | South Africa | 14,600 |
57 | Scottsdale | United States | 13,900 |
58 | Barcelona | Spain | 13,300 |
59 | Milan | Italy | 12,600 |
60 | Bengaluru | India | 12,600 |
61 | Edinburgh | United Kingdom | 12,400 |
62 | Santa Barbara & Montecito | United States | 12,300 |
63 | Kolkata | India | 12,100 |
64 | Greenwich & Darien | United States | 11,900 |
65 | Hyderabad | India | 11,100 |
66 | West Palm Beach | United States | 9,400 |
67 | Ho Chi Minh City | Vietnam | 7,700 |
68 | Florence | Italy | 7,500 |
69 | Cairo | Egypt | 7,400 |
70 | Cape Town | South Africa | 7,200 |
71 | St. Petersburg | Russia | 6,900 |
72 | Lagos | Nigeria | 5,400 |
73 | Budapest | Hungary | 5,300 |
74 | Nairobi | Kenya | 4,700 |
75 | Netanya | Israel | 4,300 |
76 | Herzliya | Israel | 3,900 |
77 | Sharjah | UAE | 3,800 |
78 | Durban | South Africa | 3,600 |
79 | Cape Winelands | South Africa | 3,400 |
80 | Garden Route | South Africa | 3,000 |
81 | Casablanca | Morocco | 2,800 |
82 | Pretoria | South Africa | 2,400 |
83 | Accra | Ghana | 2,000 |
84 | Luanda | Angola | 1,800 |
85 | Dar Es Salaam | Tanzania | 1,400 |
86 | Whale Coast | South Africa | 1,100 |
87 | Windhoek | Namibia | 1,100 |
88 | Marrakech | Morocco | 900 |
89 | Addis Ababa | Ethiopia | 800 |
90 | Kigali | Rwanda | 800 |
91 | Maputo | Mozambique | 800 |
92 | Mombasa | Kenya | 700 |
93 | Tangier | Morocco | 700 |
94 | Lusaka | Zambia | 600 |
95 | Swakopmund | Namibia | 300 |
96 | Walvis Bay | Namibia | 300 |
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