Discover the global cities where billionaires call home

From glittering skylines to discreet tax havens, the world’s wealthiest are redefining luxury living. Cities like New York, London, and Dubai remain global icons of wealth, but rising destinations such as Singapore, Zurich, and Monaco are catching up fast.

These cities offer more than elegance, they combine security, exclusivity, and opportunity for those at the top. From penthouses overlooking Manhattan to villas on the Riviera, discover the places where the world’s richest find comfort, privacy, and power.

New York City

New York City remains a top choice for the ultra-wealthy, offering unrivaled access to global financial markets, top-tier cultural institutions, and an extensive private banking network. The city’s skyline is home to some of the world’s most expensive penthouses and iconic properties.

As luxury developments continue to rise, New York has become synonymous with wealth and exclusivity. However, living here comes with high property taxes and the hustle of city life, though it offers unmatched access to business, culture, and luxury services.

london uk  june 22 2024 pragnell jewellery store in

London

London is another city that continues to attract the ultra-wealthy. Its mix of prestigious universities, global financial powerhouses, and deep cultural history make it a magnet for high-net-worth individuals.

From Mayfair to Knightsbridge, London’s luxury districts offer top-tier shopping, world-class restaurants, and private services. While Brexit-related uncertainties have affected certain markets, the city’s global appeal remains strong for those seeking an international base.

Marina Bay Sands hotel in Singapore reflecting on the water at sunset.

Singapore

Singapore ranks high on the list due to its political stability, world-class financial services, and favorable tax policies. As a global business hub, it’s become a preferred destination for ultra-wealthy families seeking security, privacy, and a high quality of life.

The city boasts luxury developments with a focus on privacy and exclusivity, from high-rise penthouses to sprawling estates. Families also enjoy Singapore’s excellent schools and healthcare systems, which make it ideal for year-round living.

Hong Kong victoria harbor at night

Hong Kong

Hong Kong’s status as a global financial center continues to attract the ultra-rich. The city offers a cosmopolitan lifestyle with a unique blend of Western and Eastern influences, along with sophisticated private banking and a vibrant business environment.

Despite political tensions, Hong Kong’s luxury property market remains one of the most sought-after, with high-net-worth individuals flocking to the region for its tax incentives, world-class amenities, and access to business opportunities in Asia.

dubai marina

Dubai

Dubai has risen rapidly as one of the world’s luxury living capitals, with its favorable tax policies, cutting-edge infrastructure, and a global reputation for opulence. The city’s luxury real estate market continues to thrive, attracting billionaires looking for a lavish lifestyle.

From private villas in gated communities to luxury penthouses in iconic skyscrapers, Dubai offers unparalleled privacy and exclusive services. It’s also a favorite for business magnates seeking a secure and tax-friendly environment in the heart of the Middle East.

eiffel tower at night paris

Paris

Paris has long been a top destination for high-net-worth individuals seeking both luxury and culture. Its aristocratic heritage, luxury fashion houses, and fine dining scene continue to appeal to the ultra-wealthy.

With iconic neighborhoods like the 16th arrondissement offering serene, luxury living, Paris combines sophistication with an international lifestyle. The city’s privacy and elite services cater to those who value a mix of refinement and exclusivity.

luxury yachts in principality of monaco

Monaco

Monaco’s exclusive nature, combined with its favorable tax regime, makes it one of the most sought-after places to live for the ultra-wealthy. The principality’s small size means it is densely packed with luxury accommodations, fine dining, and world-class events.

Monaco’s lavish villas and private yachts are a status symbol, offering not just a home, but a lifestyle of prestige and privacy. For the ultra-wealthy, living in Monaco means exclusive access to elite social circles and top-tier services.

historic fraumunster church and swans on river limmat zurich switzerland

Zurich

Zurich’s stability, privacy, and high quality of life make it a prime destination for wealthy individuals seeking both luxury and security. The city is renowned for its financial services, which cater to the needs of global high-net-worth individuals.

Housing options in Zurich range from elegant apartments in the city center to sprawling estates on the outskirts, providing residents with both privacy and convenience. It’s a city that blends tradition with modern luxury, making it ideal for the ultra-wealthy.

shanghai highways

Shanghai

Shanghai is fast becoming a hub for the ultra-wealthy in East Asia, thanks to its booming financial sector, luxury real estate, and global business opportunities. The city’s high-end shopping malls, luxury hotels, and fine dining make it an attractive destination for the world’s richest.

Despite growing regulatory scrutiny and real estate policy shifts, Shanghai remains a major hub for billionaires, especially those focused on expanding within China’s domestic markets. Its booming real estate market and growing international connections keep it firmly on the radar of high-net-worth individuals.

milan italy financial district cityscape at dawn

Milan

Milan is a city synonymous with luxury, style, and wealth, making it an ideal destination for high-net-worth individuals seeking an exclusive lifestyle. Known for its fashion industry, Milan offers upscale living, fine dining, and access to global business networks.

From historic villas to modern penthouses, Milan provides a range of luxury living options, attracting wealthy residents who appreciate both culture and elegance. The city’s proximity to European capitals further strengthens its appeal to the ultra-wealthy.

oxford street shopping time

Taxes and perks

When it comes to luxury living, even billionaires care about how far their money goes. Cities like Dubai and Monaco attract the ultra-wealthy not just for their glamour but also for offering no personal income tax or capital gains tax. Singapore, while not tax-free, maintains competitive rates and strategic incentives for global investors.

Zurich and London, on the other hand, balance higher taxes with elite healthcare, education, and public safety. Meanwhile, New York and Paris may charge more in property and income taxes, but they deliver world-class infrastructure and investment opportunities in return.

Next, discover the European countries where life slows down, happiness soars, and work finally takes a backseat to living well.

london black cabs

Luxury and privacy in these top cities

The cities where the ultra-wealthy reside share a focus on luxury, privacy, and high-end services. Whether it’s through tax incentives, financial stability, or cultural significance, these cities offer an unparalleled standard of living for those at the top of the wealth pyramid.

For those looking to live among global elites, these cities stand out for their infrastructure, services, and opportunities to integrate into top-tier networks. Their combination of exclusivity and comfort makes them ideal places for billionaires seeking a life of luxury.

Explore the European hotspots that keep drawing Hollywood’s elite, and find out why they’re worth adding to your bucket list.

Do you think other cities might start to rival the big names for ultra-wealthy living? Let us know in the comments.

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This slideshow was made with AI assistance and human editing.

Nauris Pukis
Somewhere between tourist and local. I've always been remote-first. Home is my anchor, but the world is my creative fuel. I love to spend months absorbing each destination, absorbing local inspiration into my work, proving that the best ideas often have foreign accents.

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