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Indian Economy - Understanding the basics of Indian economic system

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Top 10 wealthiest cities in the world

Henley and Partners, a global wealth tracker, has released a list of the top 10 wealthiest cities in the world. Although no Indian city could make it to the top 10 list, Bengaluru has emerged as one of the fastest-growing cities in the world in terms of wealth.

  • New York City tops the list as the wealthiest city in the world. It is home to 3.4 lakh millionaires, 724 centi-millionaires, and 58 billionaires. It is also the financial center of the USA and is home to the world’s two largest stock exchanges- NYSE and Nasdaq.
  • The second city on the list is Tokyo, which is the capital of Japan and the home of 290,300 millionaires, 250 centi-millionaires, and 14 billionaires. It is the wealthiest Asian country.
  • London, which is the capital city of the United Kingdom, ranks fourth on the list and still the wealthiest city in the Europe. It is home to 258,000 millionaires, 384 centi-millionaires, and 36 billionaires.
  • Bengaluru has emerged as one of the world’s wealthiest cities with the greatest growth rates, despite the fact that no Indian city could make the top 10 list.

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