Is Dubai the richest city in the world?｜(HNWIs). The only other Middle Eastern city that made the top 50 was Tel Aviv in Israel, with 24,300 millionaires.Dubai ranked 21st on the list that ranked the top 50 cities based on the raw number of high-net-worth individuals

Is Dubai really the wealthiest city globally? It's intriguing to note that Dubai holds the 21st position among the top 50 cities, judged solely by the number of high-net-worth individuals (HNWIs). Tel Aviv in Israel is the only other Middle Eastern city that made the cut, with 24,300 millionaires. However, does this raw number alone justify Dubai's status as the wealthiest? Or are there other factors, such as average wealth, GDP, or even the distribution of wealth, that should also be considered? What's your take on this?