Asia continues to dominate as the most expensive region for wealthy individuals, with Shanghai, Tokyo and Hong Kong named the top three cities in Julius Baer’s lifestyle index.
The biggest change in the index was that Europe, the Middle East and Africa (EMA) overtook the Americas. This was largely due to the fall in the value of the dollar against other currencies.
In 10th place, New York was the highest placing city in the Americas, while Europe had four cities i...
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