Cities with Fortunes Aplenty: Predicted Riches of the World's Wealthiest Cities in 2025
Unveiling the Global Playground of the Rich: 2025's Top 10 Richest Cities
Welcome to the world’s most costly real estate market where a single bedroom flat costs more than a lifetime of wages. This is where the 1% live, thrive, and indulge in the finer things in life, as presented in the 2025 World's Wealthiest Cities Report by Henley & Partners, a global leader in residence and citizenship by investment, and New World Wealth, a renowned South African wealth intelligence firm.
Here are the top 10 richest cities in 2025, judged by the number of resident millionaires, centi-millionaires (worth over USD 100 million), and billionaires.
New York City, USAWith approximately 384,500 millionaires, this city holds the crown as the wealth hub of the world. It's home to 818 centi-millionaires and 66 billionaires. Wall Street continues to reign as a global powerhouse in finance, with luxury real estate in Manhattan coming with premium prices. The city's elite often retreat to estates in the Hamptons on weekends.
The Bay Area, USA (includes San Francisco and Silicon Valley)The Bay area is second on the list, hosting around 342,400 millionaires and 82 billionaires. Over the past decade, the region has seen a remarkable 98% increase in its millionaire population, largely thanks to tech titans like Tesla, Meta, Apple, and Google. Luxurious amenities like private chefs, AI-driven homes, and eco-conscious mansions are common among the affluent.
Tokyo, JapanBoasting over 292,000 millionaires, Tokyo holds third place. Japan's economic stability and deep-rooted business traditions attract and retain wealth. Its elite enjoy upscale dining, luxury shopping in districts like Ginza, and extensive art collections.
SingaporeThis city-state secures the fourth spot with more than 240,000 millionaires, thanks to its favorable tax policies, political stability, and cosmopolitan lifestyle. It remains a top destination for wealthy individuals from China, India, and Indonesia.
Los Angeles, USAOver the past decade, Los Angeles has climbed to fifth place, hosting 212,100 millionaires. The city's entertainment industry remains a formidable wealth generator, with moguls from streaming services residing in affluent neighborhoods like Beverly Hills, Malibu, and Bel-Air.
London, UKDespite a 12% decline in its millionaire population over the past decade, London still hosts 215,700 millionaires, thanks to its strong financial sector. Factors contributing to this decline include high taxes, Brexit, and a less competitive tech sector.
Paris, FranceParis, with 165,000 millionaires, exudes heritage and class, offering elite institutions and cultural offerings to its wealthiest residents.
Hong KongWith 154,900 millionaires, Hong Kong maintains its place as one of Asia's luxury hotspots. Despite political instability and competition from other financial hubs, the city remains prominent in real estate and luxury retail.
Sydney, AustraliaStable economy, a booming property market, and an appealing lifestyle attract 147,000 millionaires to Sydney, placing it in ninth place.
Chicago, USAChicago rounds out the top 10 with 135,000 millionaires, thanks to its diverse economy, mix of old money, emerging tech startups, and a robust financial services sector.
The United States dominates this list, with 11 cities making the top 50, emphasizing its concentration of wealth in metropolitan hubs linked to technology, finance, and culture. This ranking reflects economic power centers primarily in North America and Asia, with notable coverage in Europe.
- The wealthiest individuals in New York City, USA invest heavily in the city's real estate market, with luxury properties in Manhattan commanding premium prices due to the city's thriving finance sector.
- The Bay Area, USA, encompassing San Francisco and Silicon Valley, boasts an increase of 98% in its millionaire population over the past decade, thanks to tech giants like Tesla, Meta, Apple, and Google.
- Singapore's favorable tax policies, political stability, and cosmopolitan lifestyle have contributed to it having more than 240,000 millionaires, making it the fourth richest city in the world.
