"Monaco, arguably the world's top safe-haven for the super-rich, where the average wealth exceeds $20 million, is also the top-ranked city in the world on a wealth per capita basis. Over 40 percent of the Mediterranean principality's residents are millionairesâthe highest ratio of any city globally."
"Every year, Henley & Partners, in partnership with New World Wealth, releases its World Wealthiest Cities Report, which details global wealth migration trends and ranks cities accordingly."
According to the newly released World Wealthiest Cities Report by Henley & Partners and New World Wealth, Monaco has emerged as the most expensive city globally, with average apartment prices reaching $3.88 million. New York City and Hong Kong follow as the second and third most expensive cities. The report underscores Monaco's status as a safe haven for high-net-worth individuals, with more than 40% of its residents being millionaires, signifying a high wealth concentration in this Mediterranean principality.
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