C-Suite Advisory

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
8Hong KongHong Kong5.573
9San JoseUnited States5,001
11RiyadhSaudi Arabia3,465
17PhoenixUnited States2,137
18San FranciscoUnited States2,049
19San DiegoUnited States1,967
20HoustonUnited States1,723


Megan Batchelor
Executive features editor at The CEOWORLD magazine and lover of reality TV. I eat cereal for breakfast, lunch and dinner.