"From Ferraris and five-star hotels to beachside mansions that looked like palaces, extravagant wealth was around every corner during my trip to Vancouver, British Columbia, in Canada. According to Henley and Partners' World's Wealthiest Cities Report 2025, a ranking based on the number of millionaire residents, Vancouver is the second-richest city in Canada after Toronto. The report said the city is home to 46,400 millionaire residents, 90 centimillionaires, and 11 billionaires."
"I spent one morning in Vancouver exploring Gastown, an artsy neighborhood known for its designer shops and upscale boutiques, like Stüssy and Le Labo, among others. I lit up when I spotted a John Fluevog store in Gastown. Fluevog is one of my favorite shoe designers. But I didn't want to tempt myself, so I didn't go inside. I saw even more high-end stores on Alberni Street, a shopping district in Vancouver's West End neighborhood."
"In fact, seven hotels in the Canadian city won a 2025 Forbes Travel Guide Star Award, which rates the world's best hotels. I stayed in three of the hotels on the list, and my favorite was the five-star Fairmont Pacific Rim, which was also named one of the best hotels in Western Canada in Condé Nast Traveler's 2024 Readers' Choice Awards."
Vancouver displays concentrated extravagant wealth, with Ferraris, five-star hotels, and beachside mansions resembling palaces. Henley and Partners' World's Wealthiest Cities Report 2025 ranks Vancouver as Canada's second-richest city, with 46,400 millionaire residents, 90 centimillionaires, and 11 billionaires. Gastown and Alberni Street host high-end boutiques including Stüssy, Le Labo, John Fluevog, Burberry, Louis Vuitton, and Gucci. Seven Vancouver hotels won 2025 Forbes Travel Guide Star Awards. The five-star Fairmont Pacific Rim earned Condé Nast Traveler recognition; a typical room rate is $725 per night, though a media rate reduced that cost. Billionaires' Row lines the beach with mansion-scale homes and ocean views.
Read at Business Insider
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