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

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Getty 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

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JJHV/iStock

Wealth rank: 48

Investment rank: 14

Lifestyle rank: 10

Source: Knight Frank


19. Atlanta

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MoveHub

Wealth rank: 21

Investment rank: 10

Lifestyle rank: 37

Source: Knight Frank


18. Washington

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Anton_Ivanov/Shutterstock

Wealth rank: 50

Investment rank: 5

Lifestyle rank: 9

Source: Knight Frank


17. Munich

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Vlada Photo / Shutterstock

Wealth rank: 10

Investment rank: 20

Lifestyle rank: 34

Source: Knight Frank


16. San Francisco

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Richard Heyes/Flickr

Wealth rank: 29

Investment rank: 23

Lifestyle rank: 8

Source: Knight Frank


15. Seoul

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Shutterstock

Wealth rank: 7

Investment rank: 35

Lifestyle rank: 18

Source: Knight Frank


14. Beijing

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Shutterstock

Wealth rank: 3

Investment rank: 37

Lifestyle rank: 20

Source: Knight Frank


13. Frankfurt

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Shutterstock

Wealth rank: 6

Investment rank: 17

Lifestyle rank: 35

Source: Knight Frank


12. Berlin

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Pixabay

Wealth rank: 34

Investment rank: 12

Lifestyle rank: 12

Source: Knight Frank


11. Paris

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Flickr/Paul D’Ambra

Wealth rank: 10

Investment rank: 42

Lifestyle rank: 6

Source: Knight Frank


10. Toronto

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Wikimedia Commons

Wealth rank: 18

Investment rank: 18

Lifestyle rank: 19

Source: Knight Frank


9. Tokyo

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Moyan Brenn / Flickr

Wealth rank: 28

Investment rank: 19

Lifestyle rank: 5

Source: Knight Frank


8. Sydney

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Taras Vyshnya/Shutterstock

Wealth rank: 27

Investment rank: 6

Lifestyle rank: 16

Source: Knight Frank


7. Shanghai

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LMspencer/Shutterstock

Wealth rank: 8

Investment rank: 23

Lifestyle rank: 15

Source: Knight Frank


6. Chicago

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Rudy Balasko/Shutterstock

Wealth rank: 19

Investment rank: 8

Lifestyle rank: 7

Source: Knight Frank


5. Los Angeles

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blvdone/Shutterstock

Wealth rank: 13

Investment rank: 3

Lifestyle rank: 13

Source: Knight Frank


4. Singapore

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r.nagy/Shutterstock

Wealth rank: 5

Investment rank: 9

Lifestyle rank: 1

Source: Knight Frank


3. Hong Kong

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The view from the Peak, where the house is located
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Francisco Diez via flickr Creative Commons

Wealth rank: 3

Investment rank: 3

Lifestyle rank: 4

Source: Knight Frank


2. New York

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Shutterstock/ Francois Roux

Wealth rank: 1

Investment rank: 1

Lifestyle rank: 3

Source: Knight Frank


1. London

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Shutterstock/QQ7

Wealth rank: 1

Investment rank: 2

Lifestyle rank: 1

Source: Knight Frank