BRICS Top 10 Wealthiest Cities
Published date : 06 May 2024

BRICS Top 10 Wealthiest Cities

The journey through the thriving metropolises of the BRICS nations is led by China, with its five cities making the prestigious list. Spearheaded by Beijing, the crown jewel boasts 125,600 millionaires and 42 billionaires. Shanghai follows closely, with an impressive 123,400 high-net-worth individuals (HNWIs) calling it home.

Not to be outdone, the UAE and India each boast two cities among the elite, with Dubai and Abu Dhabi showcasing their opulence alongside Mumbai and Delhi.

From the glittering skyscrapers of Dubai's 'City of Gold' to Mumbai's bustling financial hub, explore the diverse landscapes of wealth and prosperity.

Yet, amidst the glitz and glamour, Moscow stands as a unique outlier, experiencing a decline in its millionaire population over the past decade probably strongly driven by the Russia/Ukraine conflict and the devaluation of the Russian ruble.

Despite this, the remaining cities have witnessed remarkable private wealth growth, reflecting the dynamic economic landscapes of the BRICS nations.

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