Henley & Partners: Sharjah registered a 95% growth in millionaires over the past decade

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A new report by Henley & Partners reveals that the number of millionaires in five Middle Eastern cities has risen to around 124,800.

The Henley & Partners, which tracks private wealth and investment migration trends worldwide, and global intelligence provider New World Wealth, highlighted that Sharjah registered a 95 per cent growth in millionaires over the past decade and has 4,100 millionaires, 11 centi-millionaires and no billionaires, according to the latest data available in December.

The report also revealed that Dubai is home to the Middle East’s  72,500 millionaires, followed by Abu Dhabi, the world’s next big wealth hotspot home to 22,700 millionaires.