💨 Abstract
Over the past decade, several cities have seen remarkable growth in their millionaire populations. Shenzhen, China, experienced a 142% increase, driven by its tech industry and companies like Huawei and Tencent. Scottsdale, Arizona, saw a 125% rise due to its tech scene and favorable tax conditions. Bengaluru, India, attracted wealthy individuals with a 120% increase, thanks to its affordable living costs and growing tech industry.
Courtesy: Jenna Solomon
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