Global wealth information provider, Wealth X have reported Monaco, Singapore and Geneva, Switzerland, claimed the top three spots for having the highest density of ultra-high-net-worth individuals. The index looks at residential addresses of the ultra-wealthy, not taking into account their official residence or country of origin.

Using the barometer of assets worth at least US$30 million, Monaco came out on top with one out of every 56 people having ultra-high net worth, which is the highest density out of the 30 global cities ranked.

Coming in second is Geneva, the global hub for banking and diplomacy, with one ultra-high net worth individual out of every 221 residents living in the city with an estimated population of 490,000. In addition, 2,005 ultra-high net worth individual own second homes there.

Singapore ranked third with one ultra-high net worth individual amongst every 707 people.

Taking into account the overall number of ultra-wealthy, 14,574 of the world’s super-rich have their primary homes or vacation homes in New York City, which makes it the highest concentration, followed by London, Los Angeles, Hong Kong, Singapore and San Francisco.

India’s New Delhi and Mumbai have reached the bottom two spots in the concentration index despite the increase in the number of new billionaires.

For more information, visit The Wealth-X City Residential Index 2017 here.

To discuss the report or request further information phone or email Wealth-X via the contact details below.

Global Cities With Most Ultra-High-Net-Worth Residents

Source: Wealth X

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