Page 230 - MOE ENGLISH PR - APRIL 2024

5/1/24, 2:40 PM DIFC emerges as premier global hub for family businesses, home to 120 of world's wealthiest families, individuals | Emirates News …
helped position Dubai as the number one city in MEASA,

and among the top 22 cities globally in terms of the

wealthiest populations.

According to data published by the World’s Wealthiest

Cities Report 2023, Dubai’s population includes over

68,500 HNWIs, or individuals with at least $1 million in

liquid assets, 206 centi-millionaires, or those with a net

worth of at least $100 million, and 15 billionaires.

DIFC’s status as the deepest financial centre between

London and Singapore, with a workforce of over 41,500

and more than 5,500 active registered companies is

underpinned by 20 years of consistent growth and a

record-breaking year in 2023, which has further

encouraged wealth flows to the Centre and Dubai.

Industry leaders convene to celebrate Family Wealth

Centre Anniversary

Last year, DIFC launched the first Family Wealth Centre

of its kind in the world to advance and grow its thriving

ecosystem for global family wealth, and support family

businesses as they future proof their growth ambitions

and succession plans in Dubai and beyond.

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