Dubai now has 81,200 resident millionaires, including 237 centi-millones and 20 billionaires, according to a new report.
In the last Rich cities report in the world 2025The Emirate consolidated its position as one of the most dynamic wealth centers in the world, uploading three places to 18Th.
These findings represent an impressive growth of 102 percent in the millionaire population of the city between 2014 and 2024, which makes it one of the three cities to overcome the growth rate of the Bay area, along with the Shenzhen Chinese cities (142 percent) and Hangzhou (108 percent), according to the report, published in collaboration with New World Wealth.
Dubai emerges as a star artist in global wealth centers
Dubai’s future seems even more promising, with forecasts that suggest that he will double more of its centi-millions population during the next decade (2025-2035), leading the anticipated high growth centers worldwide along with Abu Dhabi.
This reflects the strategic turn of the region to become a global financial center, reinforced by its fiscal regime of zero capital income and profits.
“The centifremblassics of the world are increasingly designing their geographical footprints with the same strategic care that they apply to their investment portfolios that diversify their presence multiple jurisdictions to mitigate the mouth of the biojostic edges that are built with the option of operating oporte. His family within environments designed both to safeguard and multiply personal wealth, ”said Dominic Volley, head of Henley & Partners private clients.
While Dubai shows remarkable growth, New York maintains its position as the main city of the world for millionaires with 384,500 people of high level of the network, including 818 centi-millones and 66 billionaires.
The United States continues to dominate the general classification with 11 cities in Top 50. The Bay area, which includes San Francisco and Silicon Valley, has 2NORTH DAKOTA Place with 342,400 millionaires and 82 billionaires, more than New York.
The region has experienced a 98 percent growth in its millionaire population in the last decade.
“These urban centers share common DNA: robust legal frameworks, sophisticated financial infrastructure and perhaps critically migration programs that receive talent and global capital. Seven of the 10 cities of the cities of the Witrestect cities for entrepreneurs and investors looking for access to these wealth centers”, Dr. “, Dr.”, Dr. & Partners added.
Tokyo insured 3RD Place with 292,300 millionaires, followed by Singapore in 4Th With 242,400.
Los Angeles (220,600 millionaires) has surpassed London, pushing the United Kingdom capital outside the Top 5 to 6Th Place with 215.7 billion of million.
London and Moscow are the only two cities in the main 50 with a negative growth in the last decade, decreasing by 12 percent and 25 percent respectively. Moscow now occupies 40 yearsTh with 30,000 million million.
Paris Hero (160,100 millionaires) over 7Th Place, while Hong Kong (154,900) moved up to 8ThPushing Sydney (152,900) to 9Th.
Chicago (127,100) entered the top 10 for the first time, surpassing Beijing and Shanghai, which fell to 12Th And 14Th Places respectively.
“Asia’s Top Tech Hub, Shenzhen is the Base City for Global Tech Giants Huawei, Tencent, Byd, Dji and Zte and Has Experienced Specially Strong Wealth Growth Over The Past 20 Years. It is now argulay the World’s Leading City In A Number of Key Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech Tech SUB-SECORTS INCUSTUDING COMPUTER HARDWARE, ELECTRIC VEHICLES, WI-FI DONGLES, MOBILE PHONES, FLYING DONES, 5G, ENERGY UNITS AND ELECTRONICS, ”ANDREW AMOILS, Chief of Research at New World Wealth added.
Monaco heads the list of cities more expenses, with prices of the main apartments that require $ 38,800 per square meter, followed by New York ($ 27,500), Hong Kong ($ 26,300) and London ($ 24,000).
