The Ultra Rich World Report (World Ultra Wealth Report), of which commissioned Wealth-X, makes it clear that China has great potential. It is true that it only has one representative in the Top 10, but that representative is today the one that houses the largest number of people with a lot of economic power.
The United States is the country that contributes the most cities to the ranking with a total of five, while the European continent is content with two well-known cities. None of them are Spanish, by the way.
1- Hong Kong
This city belonging to China is an ideal place to do business. That explains why it has experienced ultra-rich growth of 31% to 10,010 , a figure clearly higher than that of the city that occupies the second place.
2- New York
The Big Apple, with all its tourism potential and the large amount of money it moves thanks to other businesses encompassed within the services sector, registered a growth of 7% to reach 8,865 ultra-rich.
3- Tokyo
The podium is completed by Tokyo, a city that has become the one with the most ultra-rich people on the planet. Last year it grew by 11.9% and there are already 6,785 people who have never known about having problems making ends meet.
4- Los Angeles
With Hollywood being one of its districts and with Beverly Hills a stone’s throw away, it’s no wonder there is so much famous and ultra-rich in Los Angeles. Last year they grew by 8.6% and there are already 5,250 people who are considered to be in that category. Normal that there are so many luxury stores interested in having a presence there.
5- Paris
It is one of the most visited cities in the world and that leaves a lot of money. Also, do not forget that France is a country with a lot of potential. This is demonstrated by the 3,950 ultra-rich who live there, which represents an increase of 17.3%, which is quite significant.
6- London
When you walk through London you realize that there are no financial problems in those parts. There is a lot of new car and supercars abound. That is something that adds up when you know that 3,830 ultra-rich live there, 10.1% more than a year ago.
7- Chicago
This other American city has 3,255 ultra-wealthy, as it experienced growth of 7.1% last year.
8- San Francisco
In San Francisco there are also people with a lot of money. In luxury cars, a total of 2,820 ultra-rich travel its uneven streets thinking about their businesses. The growth was 10.6% and the figure is expected to continue to rise in the coming years.
9- Washington DC
Unsurprisingly, the capital of the United States also appears on this list. There are 2,735 ultra-rich there, having produced a 7.7% increase in the last year.
10- Osaka
Close the list another Japanese city that I honestly did not expect to find around here. There are 2,730 ultra-rich in Osaka, 11.7% more than a year ago. That means it could soon overtake Washington DC and San Francisco, which are also under 3,000 and have seen more modest growth.
After this review, what becomes clear is that there are more and more differences between rich and poor . If the economy is stagnant, why are there more and more ultra-rich?
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