The 10 Richest Cities in the World 2025 Based on New Report

April 11, 2025 | 11:45 am

TEMPO.CO, Jakarta - Wealth is no longer just about luxury cars or designer clothes—it’s about where the richest people in the world call home. From the towering skyscrapers of New York City to the serene, affluent streets of Tokyo, the world's richest cities are global powerhouses where wealthy individuals thrive in an environment designed for prosperity.

List of the Richest Cities in the World

Based on Henley & Partners and TimeOut, New York City remains at the top of the richest cities in the world. Other notable cities include:

1. New York City, New York, US

Millionaires: 384,500 

Centi-Millionaires: 818

Billionaires: 66

New York City shines as one of the richest cities in the world, renowned as a global center for finance, trade, and fintech. Wall Street, particularly, stands as a critical player in the world’s economy, housing the largest financial firms and stock exchanges.

2. The Bay Area, California, US

Millionaires: 342,400 

Centi-Millionaires: 756

Billionaires: 82

The Bay Area is closely tied to Silicon Valley, while NYC has Wall Street. As the world’s leading tech center, the region is dotted with numerous global tech companies, such as Apple, Meta, and Netflix. 

3. Tokyo, Japan

Millionaires: 292,300 

Centi-Millionaires: 262

Billionaires: 18

There’s a clear reason why Tokyo is Japan’s most populous city; it’s a bustling hub for technology, finance, and the automotive sectors. Plus, it is home to one of the world’s largest securities markets—the Tokyo Stock Exchange, which further strengthens its global economic influence.

4. Singapore 

Millionaires: 242,400 

Centi-Millionaires: 333

Billionaires: 30

Though small, it’s almost impossible not to see Singapore on the list of the richest cities in the world. A haven for investors, the city-state boasts a stable economic environment and business-friendly policies, which have established it as a center for financial services, global trade, and innovation.

5. Los Angeles, California, US 

Millionaires: 220,600 

Centi-Millionaires: 516

Billionaires: 45

Los Angeles is not just about Hollywood and movie stars—it’s a city where wealth is deeply embedded in real estate, entertainment, and tech. LA attracts many wealthy residents to settle here, along with a luxurious lifestyle.

6. London, UK 

Millionaires: 215,700

Centi-Millionaires: 352

Billionaires: 33

Beneath London’s rich history lies an astonishing number of wealthy individuals living here. The city has long held international significance in trade and banking—a legacy that continues to this day, as quoted from Britannica.

7. Paris, France 

Millionaires: 160,100

Centi-Millionaires: 277

Billionaires: 22

One of the world’s most romantic cities, Paris is also a hub of prosperity. The city owes this reputation to its thriving service and tourism sectors, contributing 30 percent of the nation's value-added economic output.

8. Hong Kong 

Millionaires: 154,900

Centi-Millionaires: 346

Billionaires: 40

Hong Kong is a major international financial center. It attracts high-net-worth individuals seeking seamless connectivity to the dynamic global economy. The city's strategic location and free market economy are responsible for its world-renowned reputation.

9. Sydney, Australia

Millionaires: 152,900 

Centi-Millionaires: 224

Billionaires: 22

Sydney is more than stunning beaches and the Opera House—it’s also one of the richest cities in the world. Boasting excellent business opportunities and a thriving financial district, Sydney attracts companies like Arnott’s and Rheem to establish their offices and operations in the vibrant city, as noted by the Western Advocate.

10. Chicago, US

Millionaires: 127,100 

Centi-Millionaires: 295

Billionaires: 25 

While Chicago may not be as widely recognized as a dynamic economy compared to New York City or Los Angeles, it remains a powerhouse. The city offers fertile ground for companies across diverse industries to establish themselves and gain a competitive edge. These businesses capitalize on Chicago's central location and its role as a major transportation hub. 

Each of these cities offers a unique blend of opportunities and lifestyles, making them the ultimate destinations for the world’s wealthiest individuals. For more discovery, let’s take a look at the cities with the best public transportation.

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