10 Global Cities that Billionaires Prefer

Hong Kong:

Hong Kong ranks fifth on the list. It ranks well on the on the factor of “quality of life” and “economic activity”. As per the report, Hong Kong will be a leading city in the next 10 years. As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy distinguished by low taxation and free trade. The currency, Hong Kong dollar, is the world’s eighth most traded currency. Further, it has one of the highest per capita incomes in the world. The economic freedom, financial and economic competitiveness, quality of life, corruption perception, Human Development Index, etc., are all ranked highly in Hong Kong.

New York:

New York takes the sixth position on the list. New York has always reigned supreme. It fares well on the index of “political power” and “economic activity”. It is also known for its status as a center for finance and culture and for its status as the largest gateway for immigration to the United States. New York has always been one among the cities HNWIs would prefer.