Global (ex US) cities by UHNW density

Top seven non-US cities by UHNW density

Monaco has the world’s highest density of ultra wealthy residents and second-homers. The city state on the French Riviera has one UHNW individual (as a primary resident or with a second home) for every 39 residents. Key attractions are its climate and location, low-tax environment and high levels of security. Demand for real estate far exceeds constrained supply in the coastal principality, adding to its exclusivity.

Global (ex US) cities by UHNW density

Switzerland’s two most populous cities, Geneva and Zurich, rank highly for UHNW density. A favorable tax system, political stability, prestigious education establishments, access to outdoor pursuits and a high quality of life draw many wealthy individuals to these modestly sized but highly international cities, both of which have a long-standing focus on financial services and private wealth.

Hong Kong and (to a more modest extent) London have higher levels of UHNW density than the premier wealth markets in the US. Hong Kong stands out among the top-tier global cities, with one ultra wealthy resident or second-homer for every 351 city residents, around three times the UHNW density level of New York and Los Angeles.