Read the methodology and the press release. New World Wealth is currently the only known independent wealth research firm systematically tracking global wealth migration trends between countries and cities. The firm tracks the movements of over , high-net-worth individuals in its in-house database, with a special focus on those with over USD 30 million in listed company holdings.
New World Wealth relies primarily on this database when assessing the city wealth breakdowns featured in this report. The firm uses various public sources to check city locations, including LinkedIn and other business portals. The data also takes into account prime property statistics β specifically, it considers the number of highly priced homes in each city.
Note: It should be noted that New World Wealth never gives out the names of the individuals in its database, which it uses purely for in-house statistical studies. We take into account the normal city limits of all the cities mentioned in this report, with the exception of those listed below. Read more. We consider wealth to be a far better measure of the financial health of an economy than GDP. The reasons for this include:. Wealth figures, on the other hand, have none of these limitations, making them a far more accurate gauge of the true financial health of an economy than its GDP figures.
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