Total wealth, as defined by NWW, refers to “the private wealth held by all individuals living in each city”. This list only includes assets like property, cash, equities and business interests of Torontonians with assets of $1 million USD or more. Government funds are explicitly excluded from the agency’s reports.

See below for the 15 wealthiest cities in the world:

1. New York (US$3.0 trillion)
2. London (US$2.7 trillion)
3. Tokyo (US$2.5 trillion)
4. San Francisco Bay Area (US$2.3 trillion)
5. Beijing (US$2.2 trillion)
6. Shanghai (US$2.0 trillion)
7. Los Angeles (US$1.4 trillion)
8. Hong Kong (US$1.3 trillion)
9. Sydney (US$1.0 trillion)
10. Singapore (US$1.0 trillion)
11. Chicago (US$988 billion)
12. Mumbai (US$950 billion)
13. Toronto (US$944 billion)
14. Frankfurt (US$912 billion)
15. Paris (US$860 billion)

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