One Of The World’s Fastest-Growing Cities Is An Indian Metropolis.

The ranking of the world’s wealthiest top 10 cities and rising wealth hubs was produced by Henley and Partners.

This list also includes the ranking of an Indian city.Some cities continue to be economic powerhouses in the constantly shifting global landscape, drawing affluent investors drawn by the abundance of opportunities within their borders.

A report revealing the world’s wealthiest top 10 cities and rising wealth hubs was just produced by Henley & Partners, a pioneer in residency and citizenship planning. This list also includes the ranking of an Indian city.

“High-net-worth individuals (HNWIs) with liquid investable wealth of USD 1 million or more” are the ones listed highest on the list.Bengaluru is the name of the city that is listed. With 13,200 HNWIs, Bengaluru is expanding, according to Henley & Partners. Bengaluru, sometimes referred to as the “Garden City” and the “Silicon Valley of India,” is one of the millionaire-producing cities with the quickest rate of growth in the world.

It is home to the world headquarters of IT behemoths Infosys and Wipro and boasts a flourishing tech sector.

The following cities are among the top 10 on the list:

1. New York: The city is home to some of the world’s most exclusive residential streets, such as Manhattan’s 5th Avenue, where a premium apartment may run up to USD 28,000 per square meter. Based on market capitalization, the two largest stock exchanges globally are situated in New York City.

2. The tech hub of the Bay Area: The region is home to several of the biggest corporations in the world, including Netflix, Nvidia, Uber, Apple, Airbnb, Alphabet, and Intel. Rich communities like Atherton, Los Altos Hills, and Palo Alto are also included.

3. Tokyo: Giants in the corporate world, like Hitachi, Mitsubishi, and Sony, have their headquarters in this city. Henley & Partners do note, however, “that Tokyo has comparatively fewer billionaires than the other cities in the Top 10.”

4. Singapore: This is a noted business-friendly location. The hub for family offices that is expanding the quickest in the world is Singapore.

5. London: Though the “combination of poor wealth growth in dollar terms and outward wealth migration” has caused the number of millionaires and billionaires to decline, London was once thought to be the center for these individuals two decades ago.

6. Los Angeles: Nicknamed the entertainment capital of the world, it encompasses a plethora of Beverly Hills, Laguna Beach, Malibu, and Newport Beach. There are also some of the largest companies.

7. Paris: Many of the wealthiest businesspeople in continental Europe reside in Paris. Additionally, businesses like BNP Paribas and LVMH are based there. Following the UK’s departure from the EU, Paris is well-positioned to become Europe’s leading financial hub, according to a report by Henley and Partners.

8. Sydney : Sydney has grown significantly during the past 20 years. According to Henley and Partners, “it traditionally attracts over 1,500 millionaires per year via migration and is home to some of the world’s most affluent suburbs, including Bellevue Hill, Point Piper, Mosman, and Vaucluse.”.

9. The Chinese mainland: Some of the wealthiest corporate executives reside here. Remaining among the top ten exchanges globally is the Hong Kong stock market.

10. Beijing: In particular, there are a lot of millionaires in Beijing. Additionally, the biggest firms call it home.