10 Global Cities that Billionaires Prefer

London:

London takes the third position on the list. It continues to top the indices, but only if they ensure their strong cultural offers is unmatched and maintain open immigration policies. HNW investors have been focusing on London in recent years, attracted by its perceived status as a safe haven, says the report. London is a leading global city, with strengths in commerce, education, arts, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism and transport all contributing to its prominence. It is the world's leading financial centre along with New York City. It is the world's most-visited city and has the world's largest city airport system. Further, London's 43 universities form the largest concentration of higher education in Europe. The city is a combination of wealth, power, dynamism and freedom which draws people from all over the world.

Singapore:

Singapore takes the fourth position on the list. It is the world's fourth most important financial centre, and its port is one of the five busiest ports in the world. The economy of Singapore depends heavily on exports and refining imported goods, especially in manufacturing, which constituted 26 percent of Singapore's GDP in 2005. Further, in terms of purchasing power parity, it has the third highest per capita income in the world. Hence, it’s a much preferred global city by HNWIs.