Fastest Growing Cities for the Rich
The cities shown in our visualization are already well-established locations for high-net-worth individuals. Some of them have topped the rankings for decades, while some others are less well-known. But what are the fastest growing cities for the rich?
In 2022, cities with strong oil and gas industries like Riyadh, Sharjah, Dubai, Luanda, Abu Dhabi, Doha, and Lagos grew exceptionally. Cities in the UAE became millionaire magnets, attracting over 4,000 millionaires in 2022. In the U.S., a few tax-friendly states like Texas and Florida became home to American companies moving their head offices there.
Looking to the future, companies and high-net-worth individuals will inevitably move where they are treated best. Countries that want to attract wealthy individuals will have to apply tax-friendly policies along with other factors such as quality of life, safety, education, and access to amenities that ultra-wealthy residents value.- Visual Capitalist
(234 VIEWS)
This post was last modified on January 5, 2023 10:04 am
Zimbabwe’s local currency the Zimbabwe Gold (ZiG) has become relatively extinct and largely irrelevant because…
Sleep is a vital restorative process with measurable effects on health and overall wellbeing but…
Zimbabwe has been ranked 129 out of the 139 most innovative countries in 2025, according…
The International Monetary Fund has called on Zimbabwe to provide more clarity on its transitional…
Switzerland is the most innovative country in the world according to the 2025 Global Innovative…
Take a guess. You will not believe it when you see the answer.