Category: millionaires

New York Crowned the Richest City in the World 2022; Hong Kong Drops out of Top 10

October 3, 2022
AmericasAsia & PacificBusiness & MarketsChinadynamic zero-COVIDHK BusinessHong KongHong Kong droppingmillionairespersonal financeWorld
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American Consultation Firm Henley & Partners Group published its latest World’s Richest Cities Report on Sep 13. The report confirmed that New York, Tokyo, and San Francisco are the cities with the most millionaires. With Hong Kong dropping quickly from the 8th in 2021 to the 12th this year, it has become the most affected…

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Canada Revenue Agency Discloses Long-Withheld Documents Linking High BC Home Prices to Millionaire Migrations

September 3, 2021
Access to informationCanadaCanada Revenue AgencyChinahome pricesmillionairesWorld
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A secret study that connects high home prices in Vancouver to millionaire migration and possible tax cheating has finally been disclosed by the Canada Revenue Agency (CRA)—five years after a freedom-of-information request was made. The access to information and privacy (ATIP) request was made by the South China Morning Post on Aug. 30, 2016, and received a…

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8 Things I Discovered While Working With Affluent Clients in New York City

August 9, 2021
AdviceBusiness & EconomymillionairesNew York City
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By Marilisa Barbieri A high-net-worth individual (HNWI) is somebody with around $1 million in liquid financial assets. According to the 2021 World Wealth Report, North America surpassed Asia-Pacific to become the 2020 leader in both HNWI population and wealth. The city with the highest number of millionaires is New York City, with nearly one million millionaires. I have…

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