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Singapore, London top list of world’s most expensive cities for high-net-worth lifestyles: Julius Baer

New York City is a magnet for luxury travelers and brands alike, making it ideal for companies in elite tourism. Image credit: Singapore Airlines Julius Baer’s annual index tracks the cost of luxury living across 25 cities and multiple product and service categories. Image credit: Singapore Airlines

 

Spending patterns among high-net-worth individuals are increasingly favoring wellness, luxury travel and personal services, according to a new report.