CITY WEALTH

Gulf financial centers attracting rising class of ‘centi-millionaires’

There are currently 29,350 centi-millionaires around the world, a figure that has grown by 54% over the last 10 years, Henley & Partners says

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Etihad Towers in Abu Dhabi (Getty Images)

Dubai, Abu Dhabi and Riyadh are among the cities that will likely experience explosive growth over the next two decades because of a proliferation of “centi-millionaires.”

A report by Henley & Partners predicts a 150% increase in the three Gulf financial centers...