![]() “However, North America’s domination of the current household wealth tables is unequivocal.Compiled by research teams around the world, The Wealth Report is Knight Frank’s flagship thought-leadership publication. Liam Bailey, global Head of Research at Knight Frank, said: “This year’s index produced some very interesting results with regard to the projected growth of wealthy households around the world that will be exciting to track. New York topped the index, followed by London and San Francisco. North American cities made up 10 of the top 20, with Asian cities occupying five spots. The index ranks the top 20 cities worldwide on factors such as wealth, investment, lifestyle and future. However, despite the high number of wealthy households in the region, none of the cities from the GCC were ranked on Knight Frank’s 2018 City Wealth Index. ![]() The emirate is anticipated to see its wealthiest households increase by 84,067 during the five-year period.ĭubai, Riyadh and Jeddah also featured among the top 15 cities, with the number of wealthy households projected to rise by 36,432, 28,592 and 19,331 respectively between 2017 to 2022. ![]() The report also found that Abu Dhabi ranks seventh globally on the list of cities that are expected to see the strongest growth in households earning over $250,000 between 20. ![]() Dubai was ranked just behind Abu Dhabi globally in 12th place.įollowing immediately after Dubai on the global rankings were the Saudi Arabian cities of Riyadh and Jeddah with 198,789 and 130,849 households respectively earning more than $250,000. ![]() The number of households earning more than $250,000 in Dubai currently stands at 245,272 and is expected to increase to 36,432 by 2027. ![]()
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