Shanghai is now the priciest city in the world. Photo: Xinhua
Shanghai is now the priciest city in the world. Photo: Xinhua

Asia is the most expensive place to live in, if you’re rich: a quick Covid-19 recovery put Asia-Pacific ahead of the US and Canada, while Shanghai overtook Hong Kong as priciest city in the world

  • The world’s 500 richest people added US$1.8 trillion to their fortunes during the pandemic, with Tesla’s Elon Musk and Amazon’s Jeff Bezos gaining the most
  • Julius Baer’s luxury lifestyle report also found that tech companies made huge profits with people turning to online services like streaming amid lockdowns

Shanghai is now the priciest city in the world. Photo: Xinhua
Shanghai is now the priciest city in the world. Photo: Xinhua
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