Richest cities in Asia and the Pacific 2026: millionaires and tax

The richest cities in Asia.

18 cities in Asia and the Pacific ranked by resident millionaires on the latest published count, with what each takes of $1,000,000 on the Patrician.ch board.

In short, current to September 2026

Tokyo is the richest city in Asia and the Pacific by resident millionaires, 292,300, followed by Singapore (242,400), Hong Kong (154,900) and Sydney (152,900).
The most billionaires: Hong Kong (40), Beijing (38) and Shanghai (35).
Fastest growing over the 10 years to 2024: Shenzhen (+142%), Hangzhou (+108%) and Guangzhou (+88%).
Of the 5 addresses in Asia and the Pacific on the Patrician.ch board, the effective income tax on $1M runs from 16% in Hong Kong to 53% in Tokyo.
No 2026 edition of the city count had been published as of September 2026, so the 2025 edition is the latest. Its figures are as at December 2024.

Source: the Patrician.ch board, an original ranking of 100 residence addresses across 47 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to September 2026. Updated 27 September 2026. Cite as: Patrician.ch, Richest cities in Asia and the Pacific 2026: millionaires and tax, patrician.ch/answers/richest-cities-in-asia/, September 2026.

18 cities

Where the millionaires of Asia and the Pacific live.

Resident millionaires, residents worth $100M or more, and billionaires, with growth in the millionaire count over 10 years. The last column is the effective income tax on $1,000,000 for a single filer at that address on the Patrician.ch board.

#	City	Millionaires	$100M+	Billionaires	Growth, 10 years	Tax on $1M
1	Tokyo	292,300	262	18	+4%	53%
2	Singapore	242,400	333	30	+62%	21%
3	Hong Kong	154,900	346	40	+3%	16%
4	Sydney	152,900	224	22	+28%	45%
5	Beijing	114,300	316	38	+72%	not on the board
6	Osaka, Kyoto and Kobe	112,200	128	12	+20%	not on the board
7	Shanghai	110,500	293	35	+67%	not on the board
8	Melbourne	94,000	108	12	+36%	not on the board
9	Seoul	66,000	148	16	+17%	not on the board
10	Mumbai	51,200	205	25	+69%	not on the board
11	Shenzhen	50,800	156	22	+142%	not on the board
12	Perth	34,600	66	9	+32%	not on the board
13	Hangzhou	32,200	104	12	+108%	not on the board
14	Taipei	31,400	85	16	+60%	not on the board
15	Delhi	31,200	125	16	+82%	not on the board
16	Brisbane	26,400	39	4	+22%	not on the board
17	Guangzhou	24,300	69	9	+88%	not on the board
18	Bangkok	10,200	45	10	+53%	34%

Sources: Henley & Partners and New World Wealth, World’s Wealthiest Cities Report 2025 (resident millionaires with US$1M+ in liquid investable wealth, data as at December 2024, growth 2014 to 2024). City figures are the publisher's estimates, rounded to the nearest 100 for millionaires.

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Questions

The short answers.

What is the richest city in Asia and the Pacific?

Tokyo, with 292,300 resident millionaires, 262 residents worth $100M or more and 18 billionaires on the latest published count.

Singapore is second with 242,400.

Which city in Asia and the Pacific has the most billionaires?

Hong Kong, with 40, followed by Beijing (38) and Shanghai (35).

Which cities in Asia and the Pacific are gaining millionaires fastest?

Shenzhen (+142%), Hangzhou (+108%) and Guangzhou (+88%) over the 10 years to 2024.

Where in Asia and the Pacific do the rich pay the least income tax?

Of the addresses on the Patrician.ch board, Hong Kong takes the least of $1M, 16% effective for a single filer, and Tokyo the most, 53%.

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Tax figures use a simplified marginal model with indicative 2026 brackets for a non-US single filer, ignore social contributions, most deductions, wealth taxes, and treaties, and are not advice. Residence rules change often. Verify before acting.