Callback Contact +1 514 288 1997
The Global Leader in
Residence and Citizenship by Investment

World’s Wealthiest Cities Report 2024

Featuring exclusive data including the world’s Top 50 wealthiest cities, and accompanied by expert insights, this informative report published annually by Henley & Partners in partnership with New World Wealth is a must-read for followers of private wealth and investment migration trends — from high-net-worth investors and their advisors, to wealth professionals, and policy makers looking to transform their cities into tomorrow’s wealth magnets. Read the methodology and the press release.

The New York City skyline at sunrise

Top 50 Cities for Millionaires


The most powerful millionaire magnets in the world

Watch the video for key data insights

Wealth Management Insights


The World’s Wealthiest Cities Report is the definitive guide to the world’s wealthiest and most expensive cities, published annually by Henley & Partners — the global leader in residence and citizenship by investment — in partnership with wealth intelligence firm New World Wealth.

Wealth data

New World Wealth is currently the only known independent wealth research firm systematically tracking global wealth migration trends between countries and cities. The firm tracks the movements of over 150,000 high-net-worth individuals in its in-house database, with a special focus on those with over USD 30 million in listed company holdings. The database’s primary focus is on company founders (50%+ of the database) and individuals from high-value companies who hold the following positions: chairperson, CEO, president, director, and managing partner.

New World Wealth relies primarily on this database when assessing the city wealth breakdowns featured in this report. The firm uses various public sources to check city locations, including LinkedIn and other business portals. The data also takes into account prime property statistics — specifically, it considers the number of highly priced homes in each city.

Note: It should be noted that New World Wealth never gives out the names of the individuals in its database, which it uses purely for in-house statistical studies.

City definitions

We take into account the normal city limits of all the cities mentioned in this report, with the exception of those listed below.

  • The Bay Area includes the city of San Francisco and Silicon Valley.
  • Los Angeles includes the city of Los Angeles as well as Beverly Hills, Laguna Beach, Newport Beach, and Malibu.
  • Miami includes Miami (city) and Miami Beach (island).
  • Nice to Èze includes Nice and Èze as well as Beaulieu-sur-Mer, Saint-Jean-Cap-Ferrat, and Villefranche-sur-Mer.
  • Athens includes the city of Athens as well as surrounding beachfront areas such as Glyfada and Piraeus.
  • Zurich refers to the Canton of Zurich.
  • Geneva refers to the Canton of Geneva.

Notes and wealth definitions

For the purposes of this report, ‘wealth’ refers to an individual’s liquid investable wealth, which only includes listed company holdings, cash holdings, and debt-free residential property holdings.

The terms ‘millionaires’ or ‘high-net-worth individuals’ (HNWIs) refer to individuals with liquid investable wealth of USD 1 million or more.

The term ‘centi-millionaires’ refers to individuals with liquid investable wealth of USD 100 million or more.

The term ‘billionaires’ refers to individuals with liquid investable wealth of USD 1 billion or more.

‘Millionaire growth’ refers to the rise or drop in the number of millionaires living in a country or city over a certain period, in percentage terms.

‘Wealth per capita’ refers to the average wealth of a person in a specific country or city. Read more


© 2024 Henley & Partners. All rights reserved. The H&P monogram and Henley & Partners logo and related brand assets are the exclusively owned or licensed trademarks, service marks, and logos of Henley & Partners. All other trademarks, service marks, and logos used in this report are the trademarks, service marks, and logos of their respective owners. No part of this report may be reproduced in any form or by any means without the prior written permission of Henley & Partners. Although the material contained in this report was prepared based on information from public and private sources that Henley & Partners believes to be reliable, no representation, warranty, or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Henley & Partners expressly disclaims any liability for the accuracy and completeness of information contained herein. 

This report is distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. It should not form the basis of any decision. The information contained in this report is not, and shall not constitute an offer to sell, a solicitation of an offer to buy or an offer to purchase any securities, nor should it be deemed to be an offer, or a solicitation of an offer, to purchase or sell any investment product or service. Henley & Partners is not responsible for the content of websites and information resources that may be referenced in this report. The information contained in this report is believed to be accurate as of the date of publication, but is subject to change without notice. Henley & Partners does not have any obligation to provide revisions in the event of changed circumstances. Henley & Partners and its affiliates, employees, and agents shall not be liable for any liability or loss whatsoever, including but not limited to direct, indirect, special, incidental, or consequential damages, arising out of or in connection with the use or reliance on the information contained in this report. The information in this report is provided “as is” and Henley & Partners makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the information contained in this report for any purpose. 

The World’s Wealthiest Cities Report 2024 was published on 7 May 2024.

Contact us today

Henley & Partners assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation.

Contact us today

We use cookies to give you the best possible experience. Click Accept all to proceed as specified, or click Allow selection to choose the types of cookies you will accept. For more information please visit our Cookies Policy.