Infographic: The cities with the most ultra-rich residents in the world

The number of super-rich individuals across the world is rising. According to the Wealth-X annual World Ultra Wealth Report, the number of ultra-high-net-worth individuals or UHNWIs (defined as being worth $30 million or more) grew 13 per cent last year to 255,810. That growth was driven by soaring stock markets, steady economic growth, robust asset markets and stable exchange rates against the dollar. Collectively, those 255,810 people are worth around $31.5 billion. For years, North America has been the driving force in millionaire creation but nowadays, that mantle is being passed over to Asia. The research found that the number of super-rich individuals in Asia climbed 19 per cent in 2017, twice the North American growth rate, driven by increasing wealth levels in China. That has resulted in Hong Kong overtaking New York as the city with the largest UHNWI population. The former British colony saw its population of individuals worth $30 million plus go up 31 per cent last year to 10,000, beating The Big Apple’s 8,900. Tokyo rounds off the top-three while Paris leads the way for Europe in fifth with 4,000. RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report Photo Source: Wikimedia Commons Copyright: Estial License: CC-BY-SA pixabay.com Source: statista