May 24, 2024

Beijing skyline

Image: Xuanyu Han (Getty Images)

China’s capital city, Beijing, had the biggest explosion in millionaire growth of any city on the list. In the last 10 years, the number of millionaires living in the city grew by 90%. About 125,600 millionaires lived in Beijing at the end of 2023. Beijing also had the third-most billionaires, 42, among the cities on the list.

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