the three cities with the most millionaires in the world

by time news

New Yorkthe most populous city of the United States of Americaresulting in a world list as the largest city millionaire residentscentimillionaires and billionaires, among 49 other cities in different countries, according to a report prepared by ‘Henley & Partners’, a global consulting firm, in collaboration with ‘New World Wealth’, another firm that investigates independent assets.

According to the report, In New York there are 349,500 millionaireswhose investable net worth is one million dollars or more; 744 centimillionaireswhose fortune is 100 million dollars or more; and at least 60 billionaireswhose net worth is $1 billion or more.

In general terms, both classifications represent a millionaire growth of 48% from 2013 to 2023. On the other hand, the United States leads the group of countries in terms of the number of resident millionaires with an investable liquid wealth of one million dollars or more, with 11 cities in the top 50.

By “wealth”, the firm refers to an individual’s investable liquid fortune, which includes only company holdings which is listed in if socash holdings and debt-free residential property holdings.

Secondly, there is the field of the San Francisco Bayin Northern California, which includes the city of San Francisco and Silicon Valley.

“The Bay Area has one of the highest wealth growth rates in the world, and the millionaire population has increased by 82% over the past decade and now has 305,700 millionaires, 675 centimillionaires and 68 billionaires,” detailed the international firm.

Although Tokyothe capital of Japanwhich is in third place on the list of the richest cities in the world, suffered a 5% reduction. has been a residential population of high net worth individuals for the past decade.

The There are 298,300 millionaires in the big Asian city275 centimillionaires, and 14 billionaires, according to the list.

In view of the fall of Tokyo, ‘Henley & Partners’ announced that Singapore The capital of Japan could “unseat” as the richest city in Asia, because it has risen two places to the fourth place in the world ranking, after a 64% increase in the number of millionaires in the last 10 years.

“Widely regarded as the most business-friendly city in the world, Singapore is one of the world’s top destinations for migrant millionaires: around 3,400 high net worth individuals moved there until 2023 alone and now there are 244,800 resident millionaires, 336 centenarians and 30 billionaires in the city,” the firm said. It should be noted that there are no Latin American cities in the top 50.

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