One way to measure the economic vitality of a city is to tally how many super-wealthy folks opt to live and do business there. This graphic shows where the planet’s 28,420 centimillionaires—people with $100 million or more in investable assets—are most likely to cluster, and how fast each city’s ranks of the rich are projected to grow. (There are about 12 times as many “centis” as billionaires; it’s lonely at the very top.)
New York, the Bay Area, and Los Angeles boast the largest centi populations worldwide. But cities in China, India, and the Middle East are catching up fast as their economies expand. The ultrawealthy roster is expected to grow 85% or more by 2033 in Hangzhou, Delhi, and Riyadh. America’s fastest-growing centi city? Austin, the once and future tech hub.
This article appears in the February/March 2024 issue of Coins2Day with the headline, “Atlas of the ultrarich.”
