One of the world's most costly cities is London, which has traditionally been one of the most expensive in the United Kingdom. Over 607 square miles and a population of over 9 million, Greater London is the second-largest metropolitan area in the United States and is home to many rich residents. According to statistics by property consultants Knight Frank, which publishes an annual analysis of the fortunes of the world's wealthiest people, there are 875,000 Londoners with assets worth more than £720,000 as of 2021.
Mayfair
Mayfair, London's most affluent district, is home to pricey Georgian homes, upscale hotels, and world-class restaurants. Hyde Park and Green Park sit side-by-side, creating one of London's most sought-after neighborhoods for the city's elite to dwell. Savile Row, the world-famous tailor district in Mayfair, is also located in the area.
Shops and businesses in New Bond Street are some of the most exclusive in Mayfair. Many claims that Mayfair's New Bond Street is Europe's most costly shopping district after Paris' Champs-Élysées. For those who can afford it, Mayfair is one of London's most affluent areas, thanks to its combination of lush greenery, quiet cobblestone alleyways, and high-end restaurants and stores.
Knightsbridge
Knightsbridge, a posh area of London located immediately south of Hyde Park, is the height of luxury. Perhaps the most well-known landmark in the area is the Harrods department store, which offers everything from premium designer collections like Gucci and Prada to Andy Warhol-curated art. In addition to being home to some of the world's wealthiest banks, Knightsbridge is also home to some of the most expensive homes in the world. Knightsbridge is one of the capital's most posh areas, thanks to its international embassies, high-end retail stores, and upscale restaurants. No wonder this area is one of London's priciest, with so much to choose from for the rich.
Chelsea
This affluent section of London is known as Chelsea, and it's simple to understand why. Like other affluent parts of London, Chelsea is home to opulent mansions with a list price of £2 million. In recent years, this upscale district of London has become a favorite destination for the rich and famous, including former Beatles and Rolling Stones members.
Chelsea is a typical affluent area, yet it has a distinctly artistic component. Chelsea is home to the King's Road, formerly the focus of counter-culture activities and where its creative citizens put their spin on the luxurious streets. The gentrification of King's Road has made it a popular retail destination in Chelsea, perfectly blending in with the affluent and elegant streets of the area.
Kensington
Kensington, a neighborhood in the same borough as Chelsea, lies north of Chelsea. Like Chelsea, Kensington is a wealthy enclave in London, but its residents are more international in outlook. Kensington is home to numerous grand Victorian structures, the most notable of which is the Royal Albert Hall, where a wide range of musical genres is performed.
Several well-known sites and organizations may be found in Kensington, including the History Museum, the Science Museum, and the sumptuously decorated Kensington Palace. Many of Kensington's residents are well-known businessmen, women, and politicians, and their mansions represent the riches that can be found in the area. The Kensington Roof Gardens complex is the area's most popular nightlife destination, along with the area's upscale residential districts.
Notting Hill
It's no secret that Notting Hill, London's most affluent area, was made famous by the 1999 rom-com. Although it began as an impoverished post-war neighborhood for Caribbean immigrants and poorer families, the area has become one of West London's wealthiest. Notting Hill, noted for its Notting Hill Carnival and Portobello Road, preserves its bohemian culture despite its rich society. Those looking for an upscale area with a hint of trendiness and hipness go to Notting Hill, one of London's most costly. In addition, there is a wide variety of vibrantly colored structures such as concert halls, theatres, and specialty stores and boutiques.
Highbury
Highbury, a wealthy district in north London, stands out as one of the greenest in the city. As a rich area of London, Highbury is a sought-after location for those who want to be close to nature. Highbury has a village-like feel because of its proximity to the center of London, yet its location is distant from the city's commotion.
Highbury Feilds' vast open areas provide a welcome respite from the bustle of the city. It is no surprise that Highbury, the stadium where the English football team Arsenal plays, is a popular choice for people who appreciate the city of London and its long history in football. Restaurants, cafés, and pubs abound in Highbury to provide a wide range of options for those who prefer more traditional forms of social entertainment.
