Singapore is the most expensive city for high-net-worth individuals, according to a new report. The Asian city-state is followed by Hong Kong and London in Julius Baer's Lifestyle Index. The ranking takes into account the costs of housing, jewelry, whiskey, and hotel suites.
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You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Advertisement If you've got millions in the bank and you want to spend them slowly, don't move to Singapore . The Asian city-state is the most expensive major global city for high-net-worth individuals (HNWIs) to live in, according to a new report.
Singapore tops Julius Baer's Lifestyle Index , released annually by the Swiss bank. It's followed by Hong Kong and London. This story is available exclusively to Business Insider subscribers.
Become an Insider and start reading now. Have an account? Log in . Shanghai has dropped down the rankings from last year , falling from second to fourth place.
Advertisement Julius Baer says the index analyzes the cost of goods and services representative of "living extremely well" in 25 major global cities. These includ.