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Top cities for wealthy travellers

June 28, 2025

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Independent on Saturday

IN A WORLD increasingly defined by wealth and capital mobility, understanding the epicentres of affluence is crucial.

- ZAMANDOSI CELE

Top cities for wealthy travellers

The World's Wealthiest Cities Report 2025, published by wealth migration specialists Henley & Partners, in partnership with the data intelligence firm New World Wealth, sheds light on where the globe's millionaires are congregating.

With 10 cities clamouring for recognition on the Top 50 Cities for Millionaires list, the US maintains its stronghold, led by New York City, boasting the highest concentration of high-net-worth individuals.

Here are the world's 10 wealthiest cities and what makes each one unique.

New York City: The unrivalled financial capital:

New York City tops the list, housing an astounding 384500 high-net-worth individuals, including 818 resident centi-millionaires and 66 billionaires.

The city's wealth stems from a diverse economic base, primarily centred around finance, technology, media and the arts. As an enduring global financial hub, New York's pre-eminence remains unmatched, drawing in wealth from various sectors, effectively cementing its position as the world's wealthiest city.

The Bay Area, San Francisco: The tech-driven wealth machine:

The Bay Area, encompassing the cutting-edge Silicon Valley, has seen a flourishing wealth creation rate, thanks to the concentration of technology firms. The region is home to the highest number of billionaires globally, making it a focal point for innovators and investors alike.

The Bay Area's millionaire population has surged by 98% over the last decade, signifying its irresistible appeal to affluent individuals keen to capitalise on its robust economic ecosystem.

Tokyo - the corporate powerhouse:

Tokyo's economy, driven by technology, finance and manufacturing, presents a formidable presence on the global stage.

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