Datastream
Ranked: The Top 10 Global Cities, by Ultra-Wealthy Population
The Briefing
- An Ultra-High Net Worth (UHNW) individual is anyone with more than $30 million in net worth
- In 2019, there were 290,720 UHNW people worldwide. Their combined wealth exceeded $35 trillion
- That’s approximately $10 trillion more than America’s current GDP, controlled by a population that’s roughly the size of Pittsburgh
Where in the World Do the Ultra-Wealthy Live?
A significant portion of the world’s wealth is in the hands (or bank accounts, rather) of a small group of ultra-wealthy individuals.
And just like their wealth, these UHNW people are concentrated in a small, select number of cities across the globe.
But where, exactly, can you find these ultra-wealthy people? Using data from Wealth-X, here’s a look at the top 10 cities with the highest UHNW populations:
| Rank | City | UNHW Population (2019) |
|---|---|---|
| 1 | New York | 10,435 |
| 2 | Hong Kong | 9,950 |
| 3 | Tokyo | 7,800 |
| 4 | Los Angeles | 6,150 |
| 5 | Paris | 4,670 |
| 6 | London | 4,535 |
| 7 | Chicago | 3,890 |
| 8 | San Francisco | 3,410 |
| 9 | Washington, DC | 3,230 |
| 10 | Dallas | 3,165 |
It’s worth noting that six of the top 10 UHNW cities are in America. This may not be surprising, considering the U.S. is the world’s largest wealth market—it holds over 29% of the world’s wealth.
Where are the German and Chinese Cities?
Something else worth noting is the absence of German and Chinese cities, which is surprising given they both made the top 5 UHNW populations when it came to country rankings:
| Rank | Country | UHNW Population (2019) |
|---|---|---|
| 1 | 🇺🇸 United States | 93,790 |
| 2 | 🇨🇳 China | 27,755 |
| 3 | 🇯🇵 Japan | 19,820 |
| 4 | 🇩🇪 Germany | 15,960 |
| 5 | 🇨🇦 Canada | 11,285 |
Why didn’t Germany or China make the cut? While these countries have strong economies overall, private wealth is more evenly dispersed across their urban centers compared to other countries.
On a final note, it’s important to mention that this data is from 2019, before the global pandemic. And since the UHNW populations haven’t been immune to the economic impact of COVID-19, it’ll be interesting to see which cities make the rankings next year, based on 2020 figures.
» Interested in global wealth and its distribution worldwide? Take a deep dive into global wealth with this article: Mapped: The World’s Ultra-Rich, by Country
Where does this data come from?
Source: Wealth-X World Ultra Wealth Report 2020
Note: Though this data is from the report released in October 2020, it is a snapshot of the global UHNWI population in 2019.
Datastream
Charted: The Ukraine War Civilian Death Toll
Using data from the UN, this chart shows civilian death toll figures resulting from Russia’s invasion of Ukraine.
The Briefing
- In total, since the war began in February there have been over 7,031 Ukrainian civilian deaths
- Most of the civilian casualties recorded were caused by the use of explosive weapons, such as missiles and heavy artillery
Charted: The Ukraine War Civilian Death Toll
Russia’s war of aggression in Ukraine has wrought suffering and death on a mass scale, with many Russian attacks targeted at civilians.
We’ve created this visual using data from the UN Office of the High Commissioner for Human Rights (OHCHR) to better understand how many civilians have died in Ukraine as a result of the war, as well as how many were injured and how many were children.
The Numbers
As of early December, it is reported that 7,031 people in Ukraine have died because of the war — 433 of them children. Another 11,327 have been injured, 827 of which are children. In total, this is over 18,000 people killed or injured.
The figures are difficult to verify due to differing reports coming out of both Russia and Ukraine. The UN OHCHR anticipates that the numbers could be even higher.
The State of the Conflict
The war began on February 24th, 2022 and less than a year in, millions of people have been displaced by the conflict, and thousands of civilians have been injured or killed.
According to the UN, most of the civilian deaths have been caused by wide-ranging explosives such as heavy artillery shelling, missiles, and air strikes, and have been concentrated in Donetsk and Luhansk and in other territory still held by Ukraine.
Additionally, new estimates from Kyiv report approximately 13,000 Ukrainian military or soldier deaths, which has yet to be confirmed by the army.
Where does this data come from?
Source: The United Nations Office of the High Commissioner for Human Rights monthly reports on civilian deaths in Ukraine.
Note: Data on deaths and injuries can vary wildly depending on the source.
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