Bengaluru ranks 3rd among world’s fastest-growing cities for millionaires by 2025

Bengaluru, widely known as the Silicon Valley of India, has secured the 3rd position globally among the world’s fastest-growing millionaire cities for 2025. With a remarkable 120% growth in high-net-worth individuals (HNWIs) over the past decade, the city is fast becoming a hub for the wealthy, thanks to its booming tech ecosystem, thriving startup culture, and rapidly growing urban infrastructure.

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According to the Bangalore Innovation Report, Bengaluru is projected to achieve a GDP growth rate of 8.5% until 2035, outpacing global giants like Shanghai, Tokyo, and Hong Kong. It has emerged as a top destination for millennials, tech entrepreneurs, and foreign investors alike. With 37% of its population aged between 15–35, Bengaluru stands as India’s most millennial-friendly metropolis.

Fueling this wealth surge is the city's status as an IT and innovation powerhouse. Bengaluru is home to over 80% of global tech firms' India operations, including Google, Microsoft, Amazon, Infosys, and Wipro. With a tech workforce of over 1.5 million, the city contributes to 34% of India’s IT exports. Rapid growth in IT and allied industries has created a fertile ground for wealth creation, with many startup founders and tech professionals joining the millionaire club.

Additionally, the city’s robust infrastructure push — including the Namma Metro Purple Line extension, Peripheral Ring Roads, and the upgradation of key arterial roads — has enhanced mobility and made real estate in prime locations like Whitefield, Sarjapur, and Electronic City even more attractive.

Bengaluru also boasts India’s top-ranked startup ecosystem, currently placed 8th globally. The startup wave has generated massive employment and drawn venture capital, further fueling economic dynamism.

As the city attracts more global talent and investment, it is evolving into a cosmopolitan, innovation-led economy. With real estate booming, high disposable incomes, and a rising global profile, Bengaluru is no longer just a tech hub—it’s a magnet for millionaires and a blueprint for future urban success.