The World’s Top 20 Cities With Most Millennial Millionaires

Where do the world’s super-rich millennial millionaires live? Los Angeles is the city with the highest number of millennial millionaires – defined as individuals under the age of 35 with net assets worth $1m or more.

The ranking of top 20 global cities with most millennial millionaires has been compiled by GlobalData Wealth Insight and the Verdict team. So what insights can we glean from this latest super-rich list?

Los Angeles tops the list with 25,249 millennial millionaires, followed by New York with 19,966.

London and Shanghai take third and fourth place respectively with Paris, Rome, Mumbai, Hong Kong, San Jose, and Moscow making up the the remainder of the top ten.

Interestingly, London is home to far more millennial millionaires than its European rivals Paris, Rome, and Berlin.

Its nearest rival, Shanghai, has less than a third of London’s millennial millionaires. The firm also notes that U.S. cities take 7 of the top 20 spots. Where do the world’s millennial millionaires reside?

Here are the world’s top 20 cities with most millennial millionaires

RankCityCountryNumber of Millennial Millionaires
1Los AngelesUnited States25,249
2New YorkUnited States19,966
3LondonUnited Kingdom19,750
4ShanghaiChina6,111
5ParisFrance5,920
6RomeItaly5,906
7MumbaiIndia5,889
8Hong KongHong Kong5.573
9San JoseUnited States5,001
10MoscowRussia3,743
11RiyadhSaudi Arabia3,465
12BerlinGermany2,898
13BarcelonaSpain2,752
14TorontoCanada2,557
15SydneyAustralia2,248
16SingaporeSingapore2,193
17PhoenixUnited States2,137
18San FranciscoUnited States2,049
19San DiegoUnited States1,967
20HoustonUnited States1,723

 

Megan Batchelor

Megan BatchelorVerified account

Executive features editor at CEOWORLD Magazine
Executive features editor at The CEOWORLD magazine and lover of reality TV.I eat cereal for breakfast, lunch and dinner.
Megan Batchelor
I wanted to say thanks... Knowledge is like a kiss. You must share it to enjoy it.
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