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  • Writer's pictureAfriHKa

Hong Kong, Beijing, Shenzhen, and Hangzhou Ranked Among the World's Wealthiest Cities in 2024

According to the World's Wealthiest Cities Report 2024, Hong Kong, Beijing, Shenzhen, and Hangzhou have been recognized as some of the most affluent cities in the world. The ranking is based on the number of high-net-worth individuals (HNWIs) residing in these cities, with liquid investable wealth exceeding US$1 million. The report provides a glimpse into the distribution of elite wealth in these regions.

Leading the list is New York City, with an impressive 349,500 HNWIs. As the financial center of the United States and the wealthiest city globally, New York City boasts exclusive residential areas such as Manhattan's iconic 5th Avenue, where prime apartment prices can surpass USD 28,000 per square meter. The city is also home to the NYSE and the Nasdaq, the two largest stock exchanges in the world. The total wealth held by New York City residents exceeds USD 3 trillion, surpassing the wealth held in most major G20 countries.


The Bay Area, located in Northern California, closely follows with 305,700 HNWIs. Encompassing San Francisco and Silicon Valley, this tech hub attracts wealthy entrepreneurs from around the world. Prominent companies such as Airbnb, Alphabet, Apple, Intel, Meta, Netflix, Nvidia, and Uber have established their headquarters in this region, solidifying its status as a magnet for affluent individuals.


Tokyo secures the third position with 298,300 HNWIs. As Asia's wealthiest city, Tokyo serves as the headquarters for corporate giants like Hitachi, Mitsubishi, and Sony. Notably, Tokyo exhibits a relatively even distribution of wealth, with a lower number of billionaires compared to other cities in the top 10, suggesting that the majority of the city's wealth lies within the hands of lower-tier millionaires.


Singapore punches above its weight with 244,800 HNWIs. Renowned for its business-friendly environment, Singapore attracts a significant number of migrating millionaires, with approximately 3,400 high-net-worth individuals relocating to the Southeast Asian city-state in 2023 alone. Furthermore, Singapore stands out as the world's fastest-growing family office hub.


London experiences a decline, ranking fifth with 227,000 HNWIs. Two decades ago, London held the title of the world's wealthiest city in terms of millionaires and billionaires. However, a combination of limited wealth growth in dollar terms and outward wealth migration has resulted in London slipping down the list. Many affluent individuals have relocated to neighboring towns such as Weybridge, Virginia Water, and Marlow, as well as competing global cities like Paris, Amsterdam, Dubai, Monaco, Geneva, Miami, New York City, Singapore, and Sydney.


Los Angeles proudly boasts 212,100 resident HNWIs, encompassing areas like Beverly Hills, Laguna Beach, Malibu, and Newport Beach. Major entertainment companies, including Disney, DreamWorks, Mattel, MGM, SpaceX, and Warner Bros., contribute to the city's wealth.


Paris, the wealthiest city in mainland Europe, attracts 165,000 HNWIs. This includes the city of Paris itself, along with the surrounding region of Ile-de-France. The city hosts prominent companies such as LVMH and BNP Paribas. Following the UK's departure from the European Union, Paris is well-positioned to become Europe's premier financial center.


Sydney emerges as the Asia Pacific giant, housing 147,000 HNWIs. Over the past two decades, Sydney has experienced remarkable growth in millionaire numbers. It remains a popular destination, attracting over 1,500 millionaires annually through migration. The city features affluent suburbs like Bellevue Hill, Point Piper, Mosman, and Vaucluse.


Hong Kong retains its position as a top wealth hub, with 143,400 HNWIs. Despite modest growth in recent years, Hong Kong remains a prominent global financial center, attracting many of Asia's wealthiest business leaders. The Hong Kong Stock Market also maintains its position among the world's top ten exchanges.


Beijing concludes the top 10 list with 125,600 HNWIs. As the official capital city of China and the headquarters of numerous revenue giants, Beijing is home to a substantial number of billionaires. Only New York City, the Bay Area, and Los Angeles surpass Beijing in terms of billionaire count.


Shenzhen, the world's fastest-growing city for the wealthy, has witnessed a staggering 140% growth in millionaire numbers from 2013 to 2023. Serving as Asia's largest tech hub, Shenzhen hosts global tech giants BYD, Huawei, Tencent, and DJI. The city's strategic location near Hong Kong and its focus on innovation and entrepreneurship have propelled its wealth growth.


Hangzhou, another Chinese city, has also experienced remarkable growth, with a 130% increase in millionaire numbers during the sameperiod. Hangzhou is known for its thriving e-commerce industry, with companies like Alibaba headquartered in the city. The presence of tech giants and the city's investment in infrastructure and innovation have contributed to its rise as one of the world's wealthiest cities.


Hong Kong, Beijing, Shenzhen, and Hangzhou have solidified their positions among the world's wealthiest cities in 2024. These cities are not only economic powerhouses but also attract significant numbers of high-net-worth individuals, showcasing their prominence in the global wealth landscape.



香港、北京、深圳和杭州在2024年被列為全球最富有的城市之一


根據2024年的《全球最富有城市報告》,香港、北京、深圳和杭州被譽為全球最富裕的城市之一。該排名基於這些城市高淨值個人(HNWIs)的數量,其流動可投資的財富超過100萬美元。該報告提供了這些地區精英財富分配的一瞥。


領先的是紐約市,擁有令人印象深刻的34.95萬名HNWIs。作為美國的金融中心和全球最富有的城市,紐約市擁有像曼哈頓標誌性的第五大道這樣的獨特住宅區,其中高檔公寓價格可超過每平方米2.8萬美元。此外,該市還擁有全球最大的兩家股票交易所,即紐交所和納斯達克。紐約市居民持有的總財富超過3萬億美元,超過大多數G20國家的財富。


緊隨其後的是位於加利福尼亞灣區,擁有30.57萬名HNWIs。這個科技中心吸引了來自世界各地的富有企業家。著名公司如Airbnb、Alphabet、蘋果、英特爾、Meta、Netflix、Nvidia和Uber都在這個地區設立了總部,鞏固了它作為富人的磁石的地位。


東京以29.83萬名HNWIs獲得第三名。作為亞洲最富有的城市,東京是日立、三菱和索尼等大型企業的總部所在地。值得注意的是,東京的財富分配相對均衡,億萬富翁的數量較其他前十名城市較低,這表明該城市的大部分財富掌握在二三線百萬富翁手中。


新加坡以24.48萬名HNWIs脫穎而出。新加坡以其友好的商業環境而聞名,吸引了大量的百萬富翁移民,僅在2023年一年內就有約3400名高淨值個人遷居到這個東南亞城市國家。此外,新加坡也成為全球增長最快的家族辦公室中心。


倫敦排名第五,擁有22.7萬名HNWIs。二十年前,倫敦是全球最富有的城市,擁有最多的百萬富翁和億萬富翁。然而,美元計價的財富增長有限以及財富外流導致倫敦在排名中下降。許多富有的個人已經遷居到鄰近的城鎮,如韋布里奇、弗吉尼亞沃特和馬洛,以及巴黎、阿姆斯特丹、杜拜、摩納我很抱歉,由於我是一個純文字的AI模型,無法直接提供語音播放功能,也無法將文字轉換為語音。但是,我可以提供翻譯成繁體中文的文本供您參考。

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