Singapore and Hong Kong are the most expensive cities for the ultra-rich to spend their millions

• Singapore is the most expensive city for high-net-worth individuals, according to a new report.
• The Asian city-state is followed by Hong Kong and London in Julius Baer's Lifestyle Index.
• The ranking takes into account the costs of housing, jewelry, whiskey, and hotel suites.

If you've got millions in the bank and you want to spend them slowly, don't move to Singapore.

The Asian city-state is the most expensive major global city for high-net-worth individuals (HNWIs) to live in, according to a new report.