Historically, a town’s wealth has been defined by booming businesses and positive public perception. As this sentiment remains true in 2025, the list of the top ten richest cities worldwide has been recently updated. These novel specifics stem from reputable sources, including Henley & Partners’ 2025 report on the World’s Wealthiest Cities alongside data from the South African international wealth intelligence agency, New World Health.
- Chicago, Illinois, USA
Starting from the bottom, Chicago takes tenth place with 127,100 millionaire residents. The Windy City boasts a varied economy, blending citizens from old money with those who built their businesses through startups and independent entrepreneurial efforts. Chi-Town’s wealthiest householders take lodging in upgraded townhomes in affluent communities like the Gold Coast, Lincoln Park, and West Town.
- Sydney, Australia
Sitting in ninth place, Sydney represents Australia on the list of moneyed metropolises. The Emerald City is home to 152,900 millionaire citizens, showcasing a steady economy and bustling real estate market. These residents typically find comfort in waterfront mansions and coastal havens.
- Hong Kong, Special Administrative Region (HKSAR)
HKSAR, a beloved zone within the PRC (People’s Republic of China), comes in at eight, harboring 154,900 millionaires. As the world’s third-ranked international financial center, the city maintains its opulent status with a focus on real estate and upscale shopping. Hong Kong’s affluent homeowners frequently prefer the city’s lavishly elevated towers that soar above the prominent Victoria Harbour.
- Paris, France
At number seven, 160,100 millionaires make a home in Paris. With its delicate dishes, pleasant perfumes, and urbane abundance, it is no surprise that cultured citizens find the admirable City of Light a perfect place to reside.
- London, England, UK
Falling short of its previous placements, London takes sixth place after encountering a recent reduction in millionaires over the last ten years (a 12% drop). Today, the city holds 215,700 millionaires who praise communities like Kensington and Mayfair, highlighting the town’s first-class institutions and cultural centers.
- Los Angeles (LA), California, USA
LA, taking the fifth spot from London’s grasp, is home to 220,600 millionaires. The Entertainment Capital’s recent rise in the wealth ranks could be a result of its idolized Hollywood community. With its consistent production of A-list celebrities, the most prosperous neighborhoods in the City of Angels include Bel-Air, Beverly Hills, Calabasas, and Malibu.
- Singapore
Securing fourth place, Singapore holds 242,400 millionaire residents. This city-state recently experienced an increase in its wealthy population due to its commendable tax policies, economic resilience, and sophisticated lifestyle offerings. For affluent individuals across Indonesia, India, and China, the Lion City remains a premier spot in 2025.
- Tokyo, Japan
Making its mark in the top three, Tokyo takes third place with 292,300 millionaires. Thanks to Japan’s stable economy and desirable business practices, Tokyo easily attracts and maintains rich residents who boast cross-generational wealth. Made up of Akasaka, Azabu, and Shiba, the city’s Minato Ward attracts its wealthiest homeowners with high-end retail and exclusive dining.
- San Francisco (SF) Bay Area, California, USA
In second place is the Bay Area, including SF Bay’s Oakland and Silicon Valley. The Bay holds 82 billionaires and 342,400 millionaires. Over the last ten years, the Bay region increased its millionaire population by an impressive 98%. This rise is often credited to the tech moguls behind Apple, Google, Meta, and Tesla in Silicon Valley. Differentiating itself from California’s other wealthy hub, SF is the fifth-ranked financial center in the world, making it a magnet for moneyed residents.
- New York City (NYC), New York, USA
Maintaining its spot as the top global financial center, NYC proudly exhibits the Nasdaq, the New York Stock Exchange, and Wall Street. Sixty-six billionaires, 818 centi-millionaires, and 384,500 millionaires possess a prominent dwelling in The Big Apple. With an affluent property market in Manhattan and premium estates in the Hamptons, it’s only right that NYC holds the number one rank among the world’s wealthiest cities.
Final Thoughts
Global wealth continues to rise within specific cities, towns, and regions as 2025 progresses. Despite how costly it can be to reside in any of these locations, they remain increasingly popular and well-regarded among individuals of all financial backgrounds. While these spots may be rich in the literal sense, they retain those riches in cultural excellence and distinction, making them premium places for internationally affluent residents.