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The World’s Richest Cities 2025 Report is an annual study published in collaboration between Henley & Partners and global research firm New World Wealth. The report examines wealth accumulation growth trends and investment migration patterns across the 50 cities with the highest concentration of high-net-worth individuals (HNWIs) globally. The 2025 edition was published on 8 August 2025. Scope and Methodology The report is based on the New World Wealth database which tracks over 150,000 high