While Singapore has climbed up one spot on the list from the 2023 rankings, Hong Kong has fallen by two spots in the latest global rich list.
SINGAPORE: The 2024 World’s Richest Cities Report from Henley & Partners has highlighted one aspect between rival regional finance hubs Singapore and Hong Kong: While the number of millionaires in Singapore has increased, the opposite has happened in Hong Kong.
Read also: Number of millionaires in Singapore soars by over 60%, making SG the 4th wealthiest nation in the world Bloomberg tackled the issue in a May 8 video, noting that some of the wealthy expats in Hong Kong had left for Singapore.
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