According to Knight Frank’s 2019 Wealth Report, London has taken the crown back from New York in an annual ranking of the world’s top cities for ultra-high-net-worth individuals (UHNWI).
The report examined the global urban powerhouses that matter most to individuals with net assets of more than $1m. London had the most wealthy populations, focusing on wealth, investment and lifestyle. The only category where New York trumped London, was in the investment category.