Tech hubs and tax havens: The World’s Richest Cities in 2025
The most recent World’s Wealthiest Cities Report 2025, launched by Henley & Companions with knowledge from New World Wealth, doesn’t simply rank millionaire counts – it tells an even bigger story about the place wealth is shifting, and why.
New York Metropolis nonetheless wears the crown with 384 500 millionaires, greater than another metropolis on the earth. However it’s not simply outdated cash or finance driving its dominance – it’s a mix of actual property, world funding, and company headquarters. The town additionally boasts 818 centi-millionaires and 66 billionaires, solidifying its place on the high of the worldwide monetary meals chain.
However the actual momentum is on the US West Coast. The Bay Space – a tech-fueled area that features San Francisco and Silicon Valley – has surged into 2nd place with 342 400 millionaires and a formidable 82 billionaires, overtaking New York in that elite class. Its 98% millionaire progress over the previous decade highlights how tech continues to pay attention excessive wealth in comparatively small geographic pockets.
Tax-free Dubai surges forward with over 80 000 millionaires
In the meantime, cities that after felt peripheral in world finance are gaining floor quick. Dubai, for instance, climbed three spots to 18th place, rising its millionaire inhabitants by 102% since 2014. With 81 200 millionaires, 237 centi-millionaires, and 20 billionaires, Dubai is changing into a magnet for rich people drawn by zero revenue tax, luxurious actual property, and world mobility.
China’s rising tech cities are additionally climbing quick. Shenzhen and Hangzhou posted millionaire progress of 142% and 108% respectively, exhibiting the impression of home innovation and increasing client markets. Although they nonetheless rank decrease – twenty eighth and thirty fifth, respectively – they’re rising sooner than any Western metropolis within the high 50.
Tokyo and Singapore, ranked third and 4th respectively, symbolize extra conventional fashions of wealth: steady, protected, and regular. Tokyo, with 292 300 millionaires, has benefited from a market rebound, whereas Singapore continues to attract wealth with its business-friendly atmosphere and geopolitical neutrality.
The highest 10
These are the highest 10 Wealthiest Cities within the World for 2025:
| Rank | Metropolis/Space | Millionaires (USD 1m+) | Centi-Millionaires (USD 100m+) | Billionaires (USD 1bn+) |
|---|---|---|---|---|
| 1 | New York Metropolis | 384 500 | 818 | 66 |
| 2 | The Bay Space | 342 400 | 756 | 82 |
| 3 | Tokyo | 292 300 | 262 | 18 |
| 4 | Singapore | 242 400 | 333 | 30 |
| 5 | Los Angeles | 220 600 | 516 | 45 |
| 6 | London | 215 700 | 352 | 33 |
| 7 | Paris | 160 100 | 277 | 22 |
| 8 | Hong Kong | 154 900 | 346 | 40 |
| 9 | Sydney | 152 900 | 224 | 22 |
| 10 | Chicago | 127 100 | 295 | 25 |
If you happen to have been a millionaire, the place would you wish to dwell?
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