World's Most Important Cities

Bangalore: London, New York and Hong Kong are the world’s richest people’s choice as the most important cities in the world. According to the Wealth Report 2012, which surveyed high-net-worth individuals (people worth more than $25 million), a list of 10 most important cities in the world is revealed. The cities were ranked in terms of economic activity, political power, quality of life, and knowledge and influence.

London:

London took the prestigious first place in the league of the most important cities. The city easily led the way for survey respondents based on everything from a powerful economy and a wonderful quality of life to its political and cultural influence and an ample supply of luxury housing. London is considered the most important city by the rich people. Even respondents in Asia Pacific put London ahead of Hong Kong, Singapore, Shanghai and Beijing. Only respondents in Latin America disagreed, putting London in third place after New York and Miami.

When asked what makes a global city, the top-scoring indicators were personal safety and security, economic openness and social stability, which is perhaps unsurprising given recent geopolitical turmoil around the globe, and goes some way to explaining London’s impressive performance.