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

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  • 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:

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20. Amsterdam

20. Amsterdam

Wealth rank: 48

Investment rank: 14

Lifestyle rank: 10

Source: Knight Frank

19. Atlanta

19. Atlanta

Wealth rank: 21

Investment rank: 10

Lifestyle rank: 37

Source: Knight Frank

18. Washington

18. Washington

Wealth rank: 50

Investment rank: 5

Lifestyle rank: 9

Source: Knight Frank

17. Munich

17. Munich

Wealth rank: 10

Investment rank: 20

Lifestyle rank: 34

Source: Knight Frank

16. San Francisco

16. San Francisco

Wealth rank: 29

Investment rank: 23

Lifestyle rank: 8

Source: Knight Frank

15. Seoul

15. Seoul

Wealth rank: 7

Investment rank: 35

Lifestyle rank: 18

Source: Knight Frank

14. Beijing

14. Beijing

Wealth rank: 3

Investment rank: 37

Lifestyle rank: 20

Source: Knight Frank

13. Frankfurt

13. Frankfurt

Wealth rank: 6

Investment rank: 17

Lifestyle rank: 35

Source: Knight Frank

12. Berlin

12. Berlin

Wealth rank: 34

Investment rank: 12

Lifestyle rank: 12

Source: Knight Frank

11. Paris

11. Paris

Wealth rank: 10

Investment rank: 42

Lifestyle rank: 6

Source: Knight Frank

10. Toronto

10. Toronto

Wealth rank: 18

Investment rank: 18

Lifestyle rank: 19

Source: Knight Frank

9. Tokyo

9. Tokyo

Wealth rank: 28

Investment rank: 19

Lifestyle rank: 5

Source: Knight Frank

8. Sydney

8. Sydney

Wealth rank: 27

Investment rank: 6

Lifestyle rank: 16

Source: Knight Frank

7. Shanghai

7. Shanghai

Wealth rank: 8

Investment rank: 23

Lifestyle rank: 15

Source: Knight Frank

6. Chicago

6. Chicago

Wealth rank: 19

Investment rank: 8

Lifestyle rank: 7

Source: Knight Frank

5. Los Angeles

5. Los Angeles

Wealth rank: 13

Investment rank: 3

Lifestyle rank: 13

Source: Knight Frank

4. Singapore

4. Singapore

Wealth rank: 5

Investment rank: 9

Lifestyle rank: 1

Source: Knight Frank

3. Hong Kong

3. Hong Kong

Wealth rank: 3

Investment rank: 3

Lifestyle rank: 4

Source: Knight Frank

2. New York

2. New York

Wealth rank: 1

Investment rank: 1

Lifestyle rank: 3

Source: Knight Frank

1. London

1. London

Wealth rank: 1

Investment rank: 2

Lifestyle rank: 1

Source: Knight Frank

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