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Top 10 Wealthiest Cities in BRICS: BRICS Wealth Report.

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The BRICS countries (Brazil, Russia, India, China, and South Africa) are home to some of the wealthiest cities in the world. According to the BRICS Wealth Report by Henley & Partners, the following are the top 10 wealthiest cities in BRICS:

BRICS Wealth Report  wealthiest cities No. 1 Moscow, Russia:
BRICS Wealth Report wealthiest cities No. 1 Moscow, Russia:
  1. Moscow, Russia: With a total wealth of $1.2 trillion, Moscow is the wealthiest city in BRICS. It is home to the largest number of billionaires in the world .
BRICS Wealth Report  wealthiest cities No. 2 Mumbai, India
BRICS Wealth Report wealthiest cities No. 2 Mumbai, India
  1. Mumbai, India: Mumbai is the wealthiest city in India and the second wealthiest city in BRICS with a total wealth of $820 billion .
BRICS Wealth Report  wealthiest cities No. 3 Shanthai, China
BRICS Wealth Report wealthiest cities No. 3 Shanthai, China
  1. Shanghai, China: Shanghai is the wealthiest city in China and the third wealthiest city in BRICS with a total wealth of $815 billion .
BRICS Wealth Report  wealthiest cities No. 4 Beijing, China
BRICS Wealth Report wealthiest cities No. 4 Beijing, China
  1. Beijing, China: Beijing is the second wealthiest city in China and the fourth wealthiest city in BRICS with a total wealth of $810 billion .
BRICS Wealth Report  wealthiest cities No. 5 Sao Paulo, Brazil
BRICS Wealth Report wealthiest cities No. 5 Sao Paulo, Brazil
  1. São Paulo, Brazil: São Paulo is the wealthiest city in Brazil and the fifth wealthiest city in BRICS with a total wealth of $625 billion .
BRICS Wealth Report  wealthiest cities No. 6 Delhi, India
No. 6 Delhi, India
  1. Delhi, India: Delhi is the second wealthiest city in India and the sixth wealthiest city in BRICS with a total wealth of $450 billion .
BRICS Wealth Report  wealthiest cities No. 7 Rio de Janeiro, Brazil
No. 7 Rio de Janeiro, Brazil
  1. Rio de Janeiro, Brazil: Rio de Janeiro is the second wealthiest city in Brazil and the seventh wealthiest city in BRICS with a total wealth of $380 billion .
BRICS Wealth Report  wealthiest cities No. 8 Bangalore, India
No. 8 Bangalore, India
  1. Bangalore, India: Bangalore is the third wealthiest city in India and the eighth wealthiest city in BRICS with a total wealth of $320 billion .
BRICS Wealth Report  wealthiest cities No. 9 Johannesburg, South Africa
No. 9 Johannesburg, South Africa
  1. Johannesburg, South Africa: Johannesburg is the wealthiest city in South Africa and the ninth wealthiest city in BRICS with a total wealth of $276 billion .
BRICS Wealth Report  wealthiest cities No. 10 Cape Town, South Africa
No. 10 Cape Town, South Africa
  1. Cape Town, South Africa: Cape Town is the second wealthiest city in South Africa and the tenth wealthiest city in BRICS with a total wealth of $155 billion .

Billionaires, Millionaires and Centi-Millionaires

BRICS Wealth Report.
BRICS Wealth Report. Image Credit HenleyGlobal

According to the BRICS Wealth Report by Henley & Partners , there are currently 549 billionaires4,716 centi-millionaires, and 1.6 million millionaires in the BRICS countries. China has the highest number of billionaires (305), centi-millionaires (2,352), and millionaires (862,400) in the BRICS bloc. India follows in second place with 120 billionaires, over 1,000 centi-millionaires, and 326,400 millionaires .

How does BRICS compare to other regions in terms of wealth?

BRICS Leaders
BRICS Leaders Image Credit: BRICKS 2023

According to a report by Statista , the BRICS bloc (Brazil, Russia, India, China, and South Africa) is the most influential union of developing economies in the world and is increasingly considered the leading geopolitical challenge to the G7. The report also states that the BRICS countries have a combined GDP of over $30 trillion, which represents around 29% of the world’s GDP .

To compare the GDP of BRICS nations to the G7, we can use GDP projections for 2023 from the International Monetary Fund (IMF). According to a report by Visual Capitalist , even with its new members, BRICS falls short of the G7’s 43% share of global GDP.

In terms of private wealth, the BRICS Wealth Report by Henley & Partners  reveals that in the last decade, private wealth grew by a remarkable 92% in China, which is now home to 862,400 millionaires, including 2,352 centi-millionaires and 305 billionaires. India follows in second place with 120 billionaires, over 1,000 centi-millionaires, and 326,400 millionaires 

Conclusion

The BRICS countries are home to some of the wealthiest cities in the world. The above list of the top 10 wealthiest cities in BRICS is based on the BRICS Wealth Report by Henley & PartnersIf you’re interested in learning more about the report, you can visit their website 

Wealthiest Cities in the World – Henley’s

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