Overview
- Savills’ HNWI Hotspot Index assessed nearly 100 cities on business environment, family infrastructure, cost, legacy planning, lifestyle and privacy.
- New York, Singapore and Hong Kong place second through fourth, with Monaco, Los Angeles, Miami, Aspen and London rounding out the top 10.
- Dubai’s resident wealthy population rose to 81,200 millionaires, 237 centimillionaires and 20 billionaires in 2024, up from 72,500, 212 and 15 a year earlier, according to New World Wealth.
- The report highlights Dubai’s 168 international schools, strong lifestyle ranking and the absence of inheritance, capital gains or wealth levies.
- Abu Dhabi is noted for economic competitiveness and connectivity as more HNWIs view UAE cities as long-term homes, with Saudi Arabia and Qatar emerging as regional competitors and a looming $18 trillion wealth transfer set to shape preferences.