Image credit: Ansel Lee/ Pexels
It comes as no surprise that Hong Kong and Singapore have been named among the top 10 wealthiest cities in the world in 2025, joining the ranks of New York and Japan.
According to the World’s Wealthiest Cities Report 2025, published by Henley & Partners and New World Wealth, the US takes the major chunk of the top 10 with four cities. Coming to Asia, cities like Tokyo, Singapore and Hong Kong continue to reign supreme. The report has been compiled using expert insights to understand the total number of millionaires, centi-millionaires (individuals worth more than USD 100 million) and billionaires in a city, in addition to how the millionaire population has changed in the last year.
World’s wealthiest cities of 2025
With 154,900 millionaires, 346 centi-millionaires, and 40 billionaires, Hong Kong bagged the eighth spot on the list. Meanwhile, Tokyo was the most expensive Asian city on the list (and third overall), with 292,300 millionaires in residence. Singapore followed in the 4th place globally with 242,400 millionaires.
The US takes the lead in 2025, with New York in first place. The city has a whopping 384,500 high-net-worth individuals. This includes 818 resident centi-millionaires and 66 billionaires. The Bay Area, comprising San Francisco and Silicon Valley, follows up in the second spot. It has 342,400 resident millionaires and around 82 billionaires.
London dropped one spot to the sixth position. It now has 215,700 millionaires (including 352 centi-millionaires and 33 billionaires). Moscow and London are the only two cities in the top 50 that have recorded negative growth in the last decade. London’s millionaire population has come down by 12% while Moscow’s has steeped down by 12%.
Check out the top 10 wealthiest cities in the world (2025):
New York City, United States
The Bay Area, United States
Tokyo, Japan
Singapore
Los Angeles, United States
London, United Kingdom
Paris, France
Hong Kong, China
Sydney, Australia
Chicago, United States
(Hero image credit: Ansel Lee/ Pexels, featured image credit: bRoken/ Pexels)
Note:
The information in this article is accurate as of the date of publication.
Written By
Kriti Nayyar
Kriti is a stay-at-home dog mama, whose knack for telling interesting stories keeps her erstwhile monotonous ..Read Morelife sane. A literature & journalism degree holder, you’ll find her binging on Agatha Christie novels while critiquing the everyday state of affairs. On Kriti’s seldom social outings, she’s seen devouring coffee sangria with appetizing bread on the side. Read Less
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