This Indian City Is One Of The 'Fastest-Growing Cities In The World For Millionaires,' Guess Which One?

It's common knowledge that some of the richest individuals reside in India. This is clear from the fact that the Forbes World's Billionaires List 2024 included 200 Indians. Now, an Indian city has made it to the world¡¯s wealthiest cities list. Can you guess which one?

Indian city in list of world's wealthiest

Henley and Partners, a leader in residence and citizenship planning, recently unveiled a list showcasing the World's Wealthiest Top 10 cities and Rising Wealth Hubs.

The list ranks cities based on "high-net-worth individuals (HNWIs) with liquid investable wealth of USD 1 million or more."

Bengaluru is the Indian city featured on the list.

Bengaluru/ Britannica

According to Henley and Partners, "Bengaluru is booming with 13,200 HNWIs. One of the fastest-growing cities in the world for millionaires, Bengaluru is known as the 'Garden City' and the 'Silicon Valley of India'. It has a booming tech sector and is the base city for global tech giants Infosys and Wipro."

Top 10 World's Wealthiest cities and Rising Wealth Hubs

Here are the top 10 cities listed in the World's Wealthiest Top 10 cities and Rising Wealth Hubs report:

New York

New York

The city boasts some of the most luxurious residential streets globally, like Manhattan's 5th Avenue, where the price of a premier apartment can reach up to USD 28,000 per square meter.

The Bay Area tech hub

A multitude of the world's leading companies, including Airbnb, Alphabet, Apple, Intel, Meta, Netflix, Nvidia, and Uber, are headquartered in the region.

Tokyo

Tokyo/ Audley Travel

This city serves as the headquarters for corporate giants such as Hitachi, Mitsubishi, and Sony. However, according to Henley and Partners, "Tokyo has a relatively low number of billionaires compared to other cities in the Top 10."

Singapore

This location is renowned for its business-friendly environment. Singapore is also recognised as the world's fastest-growing family office hub.

London

Twenty years ago, London was regarded as the hub for millionaires and billionaires. However, due to a "combination of poor wealth growth in dollar terms and outward wealth migration," the number has declined.

Los Angeles

Also known as the world's entertainment hub, it encompasses the richness of Beverly Hills, Laguna Beach, Malibu, and Newport Beach. Many of the largest companies are also situated there.

Paris

Paris

Henley and Partners report that following the UK's exit from the EU, Paris is poised to emerge as Europe's leading financial center.

Sydney

According to Henley and Partners, Sydney typically draws more than 1,500 millionaires annually through migration and boasts some of the world's wealthiest neighborhoods, including Bellevue Hill, Point Piper, Mosman, and Vaucluse.

Hong Kong

Hong Kong is home to some of the richest business leaders. Additionally, the Hong Kong stock market continues to rank among the world's top 10 exchanges.

Beijing

Beijing, in particular, hosts a significant number of billionaires and is also the headquarters for numerous major corporations.

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