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Europe's wealthy are falling behind — London just dropped out of the top 10 cities for very high net worth individuals

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London is no longer a top-10 hub for very high net worth (VHNW) individuals.  In fact, the city's share of VHNW individuals dropped by 16% in 2020, according to a Wealth-X's second edition of the Very High Net Worth Handbook, which classifies VHNWs as having net worth between $5 million…

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