BRICS cities with most millionaires: 2 Indian metros rank in top-10 list

CNBC TV18

By Priyanka Deshpande

Published Feb 19, 2024

Henley & Partners in partnership with global wealth intelligence firm New World Wealth unveiled its first BRICS Wealth Report.

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BRICS, including Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, is emerging as a significant force in the global economy, offering appealing prospects for investors, entrepreneurs, and high-net-worth individuals.

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The BRICS bloc currently holds $45 trillion in investable wealth, with the millionaire population projected to increase by 85% in the next decade.

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The report highlights 10 cities that are home to the most millionaires. Take a look...

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Abu Dhabi, UAE

Millionaires: 22,700

Centi-millionaires: 68

Billionaires: 5

10

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Guangzhou, China

Millionaires: 24,500

Centi-millionaires: 70

Billionaires: 9

9

Moscow, Russia

Millionaires: 30,300

Centi-millionaires: 207

Billionaires: 23

8

Delhi, India

Millionaires: 31,000

Centi-millionaires: 123

Billionaires: 16

7

Hangzhou, China

Millionaires: 31,600

Centi-millionaires: 102

Billionaires: 12

6

Image: Shutterstock

Shenzen, China

Millionaires: 50,300

Centi-millionaires: 154

Billionaires: 22

5

Mumbai, India

Millionaires: 58,800

Centi-millionaires: 236

Billionaires: 29

4

Dubai, UAE

Millionaires: 72,500

Centi-millionaires: 212

Billionaires: 15

3

Shanghai, China

Millionaires: 123,400

Centi-millionaires: 322

Billionaires: 39

2

Beijing, China

Millionaires: 125,600

Centi-millionaires: 347

Billionaires: 42

Image: Reuters

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