Saturday, March 9, 2019

The top 20 cities around the world where wealthy people live, invest their money, and enjoy top hotels and restaurants


wealthy young celebrateGetty Images
  • The latest Knight Frank City Wealth Index features the usual suspects as well as some up-and-comers.
  • The ranking takes into account the size of a city's wealthy population, specifically those with over $1 million and over $30 million in net assets.
The wealthy have the freedom to live wherever they like, but many choose cities where they have access to the business, investing, and lifestyle opportunities they desire.
The latest Knight Frank City Wealth Index features the usual suspects as well as some up-and-comers. The ranking takes into account the size of a city's wealthy population, specifically those with over $1 million and over $30 million in net assets.
It also considers investment opportunities, tallying major commercial and residential property investments by private individuals and family offices. The measure factors in the total volume of investment and the diversity of investors in terms of nationality.
Finally, the ranking reflects several lifestyle factors. These include the number and quality of universities, the safety of the city, and the volume of five-star hotels and leading restaurants.
The top 20 cities on the index are below, in descending order:

20. Amsterdam

20. AmsterdamJJHV/iStock
Wealth rank: 48
Investment rank: 14
Lifestyle rank: 10
Source: Knight Frank

19. Atlanta

19. AtlantaMoveHub
Wealth rank: 21
Investment rank: 10
Lifestyle rank: 37
Source: Knight Frank

18. Washington

18. WashingtonAnton_Ivanov/Shutterstock
Wealth rank: 50
Investment rank: 5
Lifestyle rank: 9
Source: Knight Frank

17. Munich

17. MunichVlada Photo / Shutterstock
Wealth rank: 10
Investment rank: 20
Lifestyle rank: 34
Source: Knight Frank

16. San Francisco

16. San FranciscoRichard Heyes/Flickr
Wealth rank: 29
Investment rank: 23
Lifestyle rank: 8
Source: Knight Frank

15. Seoul

15. SeoulShutterstock
Wealth rank: 7
Investment rank: 35
Lifestyle rank: 18
Source: Knight Frank

14. Beijing

14. BeijingShutterstock
Wealth rank: 3
Investment rank: 37
Lifestyle rank: 20
Source: Knight Frank

13. Frankfurt

13. FrankfurtShutterstock
Wealth rank: 6
Investment rank: 17
Lifestyle rank: 35
Source: Knight Frank

12. Berlin

12. BerlinPixabay
Wealth rank: 34
Investment rank: 12
Lifestyle rank: 12
Source: Knight Frank

11. Paris

11. ParisFlickr/Paul D'Ambra
Wealth rank: 10
Investment rank: 42
Lifestyle rank: 6
Source: Knight Frank

10. Toronto

10. TorontoWikimedia Commons
Wealth rank: 18
Investment rank: 18
Lifestyle rank: 19
Source: Knight Frank

9. Tokyo

9. TokyoMoyan Brenn / Flickr
Wealth rank: 28
Investment rank: 19
Lifestyle rank: 5
Source: Knight Frank

8. Sydney

8. SydneyTaras Vyshnya/Shutterstock
Wealth rank: 27
Investment rank: 6
Lifestyle rank: 16
Source: Knight Frank

7. Shanghai

7. ShanghaiLMspencer/Shutterstock
Wealth rank: 8
Investment rank: 23
Lifestyle rank: 15
Source: Knight Frank

6. Chicago

6. ChicagoRudy Balasko/Shutterstock
Wealth rank: 19
Investment rank: 8
Lifestyle rank: 7
Source: Knight Frank

5. Los Angeles

5. Los Angelesblvdone/Shutterstock
Wealth rank: 13
Investment rank: 3
Lifestyle rank: 13
Source: Knight Frank

4. Singapore

4. Singaporer.nagy/Shutterstock
Wealth rank: 5
Investment rank: 9
Lifestyle rank: 1
Source: Knight Frank

3. Hong Kong

3. Hong Kong
The view from the Peak, where the house is located
 Francisco Diez via flickr Creative Commons
Wealth rank: 3
Investment rank: 3
Lifestyle rank: 4
Source: Knight Frank

2. New York

2. New YorkShutterstock/ Francois Roux
Wealth rank: 1
Investment rank: 1
Lifestyle rank: 3
Source: Knight Frank

1. London

1. LondonShutterstock/QQ7
Wealth rank: 1
Investment rank: 2
Lifestyle rank: 1
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