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Marrakech Poised to Join Elite Club of Cities with Ultra-Wealthy Residents
Wednesday 9 April 2025, by
No Moroccan city - or even African city - is among the top 50 richest cities in the world in 2025. However, a Moroccan city is among those that will have the most centi-millionaires over the next decade.
With 384,500 wealthy people (including 818 resident centi-millionaires and 66 billionaires), New York tops the top 50 list of the world’s richest cities in 2025, established by Henley & Partners and New World Wealth, who have published their fourth annual report. It is followed by the Greater Bay Area (San Francisco and Silicon Valley) with 342,400 resident millionaires. It now has more billionaires (82) than the Big Apple and continues to thrive as the epicenter of technology wealth creation, showing exceptional growth of 98% in the number of millionaires over the past decade. Tokyo consolidates its third place with 292,300 millionaires. Singapore occupies fourth place with 242,400 resident millionaires, while Los Angeles (220,600 millionaires, including 516 centi-millionaires and 45 billionaires) snatches fifth place from London. No African city is in this top.
Henley & Partners also published the list of cities that will have the most centi-millionaires over the next decade (2025-2035). Dubai (237 centi-millionaires) and Abu Dhabi (75 resident centi-millionaires) are at the top of the pack. These two Emirati cities are expected to see their centi-millionaire population more than double over the next 10 years. Explosive growth of over 100% is also expected in Delhi (125 centi-millionaires) and Bengaluru (43) in India, as well as in Warsaw (32 centi-millionaires) and Athens (42 centi-millionaires) in Europe. George Town and Seven Mile Beach in the Cayman Islands (currently 40 centi-millionaires), San José and Santa Ana (17 centi-millionaires) in Costa Rica, St. George’s Parish (25 centi-millionaires) and Hamilton Parish (22 centi-millionaires) in Bermuda, Monterrey (10 centi-millionaires) in Mexico, Panama City (21 centi-millionaires), Cape Town in South Africa (34 centi-millionaires), Marrakech in Morocco (14 centi-millionaires) and Nairobi in Kenya (10 centi-millionaires) are all expected to see +100% growth in their super-rich communities by 2035, the report states.