Hong Kong Overtakes Switzerland as Top Global Wealth Hub
Hong Kong has overtaken Switzerland as the top global cross-border wealth hub reaching 2.95 trillion dollars. The city is set to grow 9% annually through 2030.
Hong Kong overtook Switzerland as the world's top cross-border wealth hub after overall cross-border wealth rose to $2.95 trillion in 2022. The shift marks the first time a European safe-haven has lost the top spot to an Asian booking center. Investors are tracking this pivot as capital flows increasingly toward hubs with direct proximity to mainland China.
### Asia Outpaces European Wealth Growth The Boston Consulting Group 2026 Global Wealth Report shows Hong Kong narrowly surpassed Switzerland’s $2.94 trillion in cross-border wealth. A 2025 IPO boom and steady inflows from the mainland fueled the rise. BCG projects Hong Kong and Singapore will grow 9% annually through 2030, while Switzerland expects a 6% average.
