Mapped: The World’s Wealthiest Cities, by Millionaires and Billionaires

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June 27, 2024 Article/Editing: Graphics/Design:

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Mapped: The Wealthiest Cities, by Millionaires and Billionaires

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Where are the top destinations for millionaires and billionaires worldwide?

Today, the richest cities in the world are finance and tech hubs, drawing affluent residents to thriving metropolitans. Given the flow of wealth and high demand for prime property, it’s no surprise that these cities have some of the most exclusive residential markets globally.

The above graphic shows the world’s wealthiest cities by the number of millionaires and billionaires, based on data from Henley & Partners annual World’s Wealthiest Cities Report.

Cities with the Most Millionaires and Billionaires

Below, we order the richest cities globally, based on their millionaire population in 2023 (net worth of $1 million USD or more) along with each city’s billionaire population (net worth of $1 billion USD or more):

Rank
(by Millionaires)City/AreaCountryMillionairesBillionaires 1New York City🇺🇸 U.S.340,00058 2Tokyo🇯🇵 Japan290,30014 3The Bay Area🇺🇸 U.S.285,00063 4London🇬🇧 UK258,00036 5Singapore🇸🇬 Singapore240,10027 6Los Angeles🇺🇸 U.S.205,40042 7Hong Kong🇭🇰 Hong Kong SAR129,50032 8Beijing🇨🇳 China128,20043 9Shanghai🇨🇳 China127,20040 10Sydney🇦🇺 Australia126,90015 11Chicago🇺🇸 U.S.124,00024 12Toronto🇨🇦 Canada105,20018 13Frankfurt🇩🇪 Germany102,20016 14Zurich🇨🇭 Switzerland99,30012 15Houston🇺🇸 U.S.98,50020 16Seoul🇰🇷 South Korea97,00024 17Melbourne🇦🇺 Australia96,00010 18Paris🇫🇷 France93,00016 19Geneva🇨🇭 Switzerland85,80015 20Dubai🇦🇪 UAE68,40015

With 340,000 millionaires and 58 billionaires, New York City stands as the world’s wealthiest metropolitan area.

Between 2012 and 2022, the number of high net worth individuals living in the Big Apple increased by 40%, even as the pandemic drove an exodus of wealthy people from the city. Overall, the wealth of New York City’s residents is roughly $3 trillion, more than the GDP of Canada.

Falling in second is Tokyo, boasting a millionaire population of 290,300 residents. Roughly a fifth of the country’s millionaires live in the city.

With one of the fastest growing millionaire populations across this list, The Bay Area ranks in third. Driven by

Ranked: The World’s Top 10 Billionaires in 2024

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June 20, 2024

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The World’s Top 10 Billionaires (June 2024)

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Elon Musk has reached a net worth of $205.4 billion in 2024, securing his position as the richest billionaire in the world, ahead of Jeff Bezos at $203.2 billion and Bernard Arnault at $200 billion. Arnault, the billionaire chairman and CEO of the global luxury goods company LVMH, led the ranking at the beginning of the year.

Using data from Forbes’ Real-Time Billionaires List, we provide a snapshot of the top 10 billionaires in the world as of June 11, 2024. It is important to note that the rank changes frequently due to fluctuations in stock prices, market conditions, and significant business transactions.

$1.6T in Combined Wealth

The wealth of the top 10 wealthiest people ($1.6 trillion) is almost equivalent to Mexico’s GDP, the 14th largest economy in the world.

At the top of the list, Elon Musk’s wealth derives primarily from his stake in Tesla, his holdings in SpaceX, and the social media platform X.

RankNameNet Worth (USD in Billions)Source 1Elon Musk$205.40Tesla, SpaceX 3Jeff Bezos$203.20Amazon 2Bernard Arnault & family$200.00LVMH 4Mark Zuckerberg$176.50Facebook 5Larry Ellison$153.70Oracle 6Larry Page$145.10Google 8Sergey Brin$139.00Google 7Warren Buffett$134.00Berkshire Hathaway 9Bill Gates$131.00Microsoft 10Steve Ballmer$126.50Microsoft

Recently, Tesla shareholders voted to approve a pay package worth approximately $50 billion for Musk at the company’s annual shareholder meeting. This decision is being challenged by a Delaware judge, who has described Musk’s award as “unfathomable.”

Never incorporate your company in the state of Delaware

— Elon Musk (@elonmusk) January 30, 2024

Meanwhile, Amazon founder Jeff Bezos overtook Bernard Arnault as the second-wealthiest person in June 2024, after LVMH’s shares fell and Amazon’s shares slightly increased.

As a relevant side note, Arnault has also been carefully laying succession plans for LVMH this year, with the 75-year-old recently appointing two more of his sons to the company’s board in April 2024. This leaves just his youngest son without a spot on the