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And mining and other resource fortunes continue to feature significantly in the ranks of the region's richest.
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Urban centers in the region feature a high concentration of top-rated universities and highly-skilled, professional jobs, which pushes up earnings.
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The aim is to showcase crafts and industries from across the region and feature the chain makers of the Black Country, the potteries in Stoke-on-Trent, computer gaming in Leamington Spa, glove making in Worcester and glass making in Stourbridge.
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Previous orbital imagery of the region had hinted there might have been a water feature there.
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In addition, the conference will feature education sessions dealing with issues of concern to Asian operators and those from outside the region.
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Specifically, a project called Facebook for Every Phone, which was launched following the company's acquisition of feature-phone specialists Snaptu, is central to its growth strategy in the region.
BBC: Technology reporter, BBC News