Asia is most expensive region for wealthy

Asia is the most expensive region with five of the most expensive cities globally, according to Julius Baer's inaugural Global Wealth and Lifestyle Report.  The most expensive city, according to a basket of luxuries tracked by the bank, is Hong Kong. In fact, four out of the five most expensive cities in Julius Baer's global ranking are in Asia: Shanghai, Tokyo and Singapore. Hong Kong ranks above the 90th percentile for property, beauty services, fine dining, business class flights, and lawyer fees. European cities were noted for offering the best value. The best for luxurious liv...