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The Point of the Grave
The ultra wealthy lost 10 trillion dollars or 10% from their net worth of 2022 driven by global economic uncertainty, the energy crisis and the war in Ukraine. New York ranked wealthiest city on the planet with 340,000 millionaires at 340 Tokyo San Francisco Bay Area followed in second and third place respectively. London dropped to fourth place on the list with 258 and followed by Singapore to 240,000. China's Heng Zhu topped the list of the fastest grown cities when it comes to resident millionaires over the past decade with millionaire growth of 105%.