Top 10 wealthiest cities in the world in 2024

The report highlights New York City, which has continued to maintain its position as the world’s wealthiest city, with 11 other US cities joining the top 50 list. In contrast, Tokyo, which held the top spot a decade ago, has fallen to third place due to a decline in its high-net-worth individual population.

Singapore, on the other hand, has made significant strides, rising to fourth place with impressive growth in its millionaire population, solidifying its position as a leading Asian financial hub. In the Middle East, Dubai has emerged as the wealthiest city, ranking 21st in the top 50 list.

Traditional financial centres such as London have seen a decline in ranking, moving down to fifth place, while Los Angeles has climbed to sixth place with substantial growth in its wealthy population.

Notably, India has made significant progress, with two of its cities breaking into the top 50 list. Mumbai and Delhi rank 24th and 37th, respectively, indicating a growing presence of wealthy individuals in the country.

Check the list: Top 10 wealthiest cities of the world in 2024