Author: Team Asianet Newsable Image Credits:Freepik
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1. New York
New York has almost 350,000 millionaires, which is the most of any city and up 48% from a decade ago, according to a global ranking of the wealthiest cities by Henley & Partners.
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2. Bay Area
The Bay Area came in second overall, with 305,700 people with a seven-figure net worth living in the region that includes San Jose, San Francisco and Palo Alto.
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3. Tokyo
Tokyo came in third with 298,300, a figure that slid 5% over the past decade.
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4. Singapore
Singapore, No. 4, has become a top destination for migrating millionaires with about 3,400 high net-worth individuals moving there in 2023 alone.
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Which cities saw a rise?
Some cities on the rise include China's Shenzhen, where the number of millionaires has surged 140% over the past decade.
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THIS Indian city also included
Bengaluru, India; Ho Chi Minh City, Vietnam; and Scottsdale, Arizona in the US, have also seen their millionaire population more than double in the past 10 years.
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Where does Dubai stand?
Dubai is the richest city in the Middle East, ranking No. 21 globally