Archive · 22 May 2025
New York Tops Wealthiest Cities; London Slips in 2025
Imagine a race where cities compete for rich people.
New York City is still in the lead, with the most millionaires.
But other cities like the Bay Area, Singapore, and Dubai are catching up fast!
These cities have tech, safe environments, and are attracting wealthy people.
London, once a leader, is falling behind because of things like Brexit.
This 'money map' changes often as people move to places with good opportunities and a nice lifestyle.
New York City leads with the most millionaires, followed by the Bay Area.
The Bay Area saw a 98% increase in millionaires since 2013.
Singapore attracts the wealthy due to pro-business policies and safety.
London's millionaire count has decreased by 15% due to various factors.
Dubai shows the fastest growth with a 102% increase in millionaires.
- Who
- A report by Henley & Partners and New World Wealth.
- What
- The top 10 wealthiest cities in the world.
- When
- 2025
- Where
- Worldwide
- Why
- Cities are competing to attract wealthy individuals due to lifestyle, tax-friendly policies, and economic opportunities.
Cities experiencing slower wealth growth
Cities experiencing rapid wealth growth
Factors Influencing Wealth
Cities experiencing slower wealth growth
London is experiencing a decline due to Brexit, higher taxes, and changes in non-domicile rules.
Cities experiencing rapid wealth growth
Focus on economic policies and global investment.
- NYC Millionaires
- 384,500
- Bay Area Millionaires
- 305,700
- Tokyo Millionaires
- 298,300
- Singapore Millionaires
- 244,800
- London Millionaires
- 227,000