Have you ever wondered which are the richest cities in the world? Where do billionaires and the richest people decide to live?
Some cities on this list will probably surprise you, for others perhaps their position was a given. For this ranking, we relied on the latest available report from Wealth-X, Wealth-X's Billionaire Census report, which offers an in-depth perspective on the subject, thanks to a census of the world's multi-billionaires.
Here is the ranking of the world's richest cities!
10 - Mumbai, 38 billionaires
In tenth place in the ranking is this Indian city, capital of Maharashtra, on India's west coast. But it could not be otherwise, as the city is the commercial, financial and entertainment centre of the country. In fact, some of the most important financial centres are located here.
India is a country of strong contrasts: on the one hand, there are the overcrowded cities with the majority of the population really very poor, on the other hand, people with a lot of power and money, living life in luxury and in the most modern neighbourhoods.
9 - Dubai, 38 billionaires
The UAE city could not be missing from the list. It immediately strikes you with its luxury, futuristic architecture and modernity. Suffice it to say that it is home to one of the most futuristic skyscrapers in the world, as well as the tallest, the Burj Khalifa.
Between artificial islands, such as The Palm Jumeirah, and hotels with stellar prices, such as the world-famous Burj al-Arab, the cost of living is really high if you go to the more touristy and fashionable places. A room for one night in the sail-shaped hotel costs more than €1,000.00.
8 - Los Angeles, 39 billionaires
America is the richest country and the one with the most billionaires. This American city in Southern California is the centre of the country's TV and film industry and is home to Hollywood and Beverly Hills.
Like most big American cities, Los Angeles has a very high cost of living and is home to actors, celebrities and anyone who wants to try and make it in show business.
7 - Singapore, 39 billionaires
In South East Asia, it is one of the richest cities, although it has lost a few places in the rankings. It is home to major financial centres, large private clubs and expensive elite schools.
It is one of the most expensive cities in the world, where the cost of living is very high indeed. One of the most exclusive avenues is Orchard Road, Singapore's main thoroughfare, where shopping malls, huge skyscrapers and the biggest luxury boutiques can be found. Walking along this avenue is a real experience, you don't know where to look!
6 - Beijing, 55 billionaires
China is one of the world's great economic powers, so there couldn't be without one of its cities in the top 10. And this city is a huge metropolis with around 29 million inhabitants! It is one of the world's major political and cultural centres and the service sector is the most productive sector.
The cost of living here is very high indeed and, together with the city Shanghai, is one of the most expensive cities in China.
5 - London, 65 billionaires
The first European city we find in the top 10, it is without a shadow of a doubt one of the richest cities in the world with the highest number of resident billionaires and a continuous increase in the latter figure. Despite Brexit and the resulting market imbalances, the number of billionaires is steadily increasing year by year.
One of the European cities with the highest cost of living, starting with rents, with very high prices indeed. Here you can find some of the most exclusive residences and properties in the whole of the United Kingdom, with wonderful views of the city and right in the heart of London.
4 - Moscow, 70 billionaires
The capital of Russia is one of the richest cities in the world. Several billionaires live here, mainly concentrated in the Rublyovka district, the most exclusive in the whole city! Here you can find dream houses and residences, high-fashion shops with exorbitant prices, luxury and super posh restaurants. Not surprisingly, several Soviet leaders have lived in this area.
With a very high cost of living, it is one of the country's main economic, financial and also cultural centres, in fact it is one of the most visited cities in Russia!
3 - San Francisco, 75 billionaires
It is the second American city on the list, a very important city in California and the centre of commerce, technology and tourism, making it one of the most important financial and economic centres in the United States!
As one of the richest cities in California and the world, the cost of living is very high, with very high rental costs and where the average household income is also quite high. Many of the billionaires here directly run several businesses in the city's financial district. In addition, outside the centre is the famous Silicon Valley.
2 - Hong Kong, 87 billionaires
In second place is this autonomous territory in south-east China. It is one of the world's most important financial hubs, as well as a major port and shopping destination with exclusive boutiques and renowned tailors creating bespoke suits.
Of course, this is one of the cities with the highest cost of living! Here, the richest people live in skyscrapers in the most exclusive neighbourhoods or in huge villas, while the majority of the population has difficulty paying rents for tiny flats.
1 - New York, 105 billionaires
America is the richest country in the world and at the top of the list could only be the city of skyscrapers, luxury and parties.
The Big Apple, with Times Square and the Empire State Building, the financial and economic centre, with Wall Street.
Those who have visited New York have noticed for themselves the high cost of living. And if a small flat already costs a lot, imagine how much a loft on the top floor of a skyscraper, with a wonderful view over the whole city, can cost! Imagine waking up every morning, looking out your window and seeing Central Park or the Empire itself, a dream!