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New York City is home to over 345,600 millionaires and is considered the richest city in the world. That’s what the new report claims. Her Bay Area, San Francisco, her second-richest city in the United States, occupies her third spot among the richest cities in the world.
According to a report by Henley & Partners, an investment migration consultancy, 59 millionaires and 737 billionaires with wealth of $100 million or more live in the Big Apple.
New York City residents have more than $3 trillion in personal wealth, more than most major G20 countries.
The San Francisco Bay Area, which includes Silicon Valley, has approximately 276,400 millionaires, 623 centimeter millionaires, and 62 billionaires.
Los Angeles, Chicago, and Houston are the other three US cities in the top 10, ranking 6th, 7th, and 8th respectively.
Los Angeles is home to 192,400 millionaires, 393 millionaires, and 34 billionaires, while Chicago has 160,100 millionaires, 340 millionaires, and 28 millionaires. Elderly people live here. Chicago is also home to 35 Fortune 500 companies.
Houston has 132,600 millionaires, 314 millionaires, and 25 millionaires. The report also says Austin, Texas, has become a prime hub for wealthy retirees, along with West Palm his beaches and Miami.
Here are the top 10 richest cities in the world.
1. New York, USA (345,600)
2. Tokyo, Japan (304,900)
3. San Francisco Bay Area, USA (276,400)
4. London, England (272,400)
5. Singapore, Singapore (249,800)
6. Los Angeles, USA (192,400)
7. Chicago, USA (160,100)
8. Houston, USA (132,600)
9. Beijing, China (131,500)
10. Shanghai, China (130,100)
Biboo Patnaik
© 2022 Epoch Times. The Epoch Times does not provide investment advice. all rights reserved.
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