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
The 10 Longest Range EVs for 2023
This infographic lists 10 of the longest range EVs currently for sale in the U.S. in 2023. The Lucid Air takes first place at 516 miles.
The Briefing
- EV models with over 300 miles (480 km) of range are becoming more common in the United States
- The Lucid Air (Grand Touring trim) has the highest EPA range at 516 miles (830 km)
The 10 Longest Range EVs for 2023
Range anxiety is frequently cited as one of the biggest turnoffs of electric vehicles (EVs).
Even as recent as 2021, the average range of an EV was just 217 miles (349 km), falling significantly short from the average gas car’s range of 413 miles (665 km). Thankfully, as this infographic shows, EVs with over 300 miles of range are becoming more common.
Below are the top 10 EVs for 2023, ranked by their EPA combined driving range. For further context, we’ve also included price. These values are for the specific trim that achieves the stated range. In some cases, more expensive trims are available but have a lower range (e.g. Tesla Plaid).
| Model | EPA Combined Driving Range | Price* |
|---|---|---|
| Lucid Air | 516 mi (830 km) | $138,000 |
| Tesla Model S | 405 mi (652 km) | $84,990 |
| Hyundai Ioniq 6 | 361 mi (581 km) | $45,500 |
| Tesla Model 3 | 358 mi (576 km) | $55,990 |
| Mercedes-Benz EQS | 350 mi (563 km) | $104,400 |
| Tesla Model X | 348 mi (560 km) | $94,990 |
| Tesla Model Y | 330 mi (531 km) | $52,990 |
| GMC Hummer EV Pickup | 329 mi (529 km) | $110,295 |
| Rivian R1T | 328 mi (528 km) | $74,800 |
| BMW iX | 324 mi (521 km) | $87,100 |
*Most recent prices available as of April 2023
Note that the EV market is rapidly evolving, and the data in this table has a limited shelf life. For example, Rivian is releasing a battery option dubbed the “Max pack” which promises up to 400 miles, but is not yet EPA rated.
Where Does This Data Come From?
Source: Car and Driver (range), manufacturer websites (price)
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