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5/1/24, 2:41 PM Unleashing Growth: DIFC Emerges as Premier Global Hub for Family Businesses | iHeartEmirates
global hub for many of the world’s wealthiest families and individuals. Home to more than
120 of the world’s wealthiest families and individuals, with a total net worth exceeding USD
1trn, DIFC has helped position Dubai as the number one city in MEASA, and among the top
22 cities globally in terms of 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 USD 1mn in liquid
assets, 206 centi-millionaires, or those with a net worth of at least USD 100mn, 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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