Here Are The Top 10 Richest Cities In The World (Residents Worth $5 Million Or More)

With 120,605 residents worth $5 million or more, New York City is home to more ultra-wealthy individuals than any other city in the world, that’s according to data firm Wealth-X’s latest report. 6 of the top 10 richest cities in the world ranking are located in the United States.

It’s followed by Tokyo, where 81,645 residents have a net worth totaling at least $5 million. Hong Kong ranks third with 73,430 wealthy citizens. CEOWORLD magazine highlights the top cities by wealthy population, defined as those with a net worth of $5 million or more, also included is each city’s percentage of the global wealth population.

Cities that attract wealthy residents tend to have a high cost of living, but the richest cities in the world aren’t always in the most expensive countries in the world to live in. Other U.S. cities on the list include Los Angeles, Chicago, San Francisco, Washington, D.C., and Dallas.

Here are the 10 richest cities in the world.

1. New York, United States
   Number of individuals with a net worth of $5 million or more: 120,605
   Percentage of the global population: 4.1%

   

2. Tokyo, Japan
   Number of individuals with a net worth of $5 million or more: 81,645
   Percentage of the global population: 2.8%

   

3. Hong Kong, Hong Kong
   Number of individuals with a net worth of $5 million or more: 73,430
   Percentage of the global population: 2.5%

   

4. Los Angeles, United States
   Number of individuals with a net worth of $5 million or more: 71,035
   Percentage of the global population: 2.4%

   

5. London, United Kingdom
   Number of individuals with a net worth of $5 million or more: 50,305
   Percentage of the global population: 1.7%

   

6. Paris, France
   Number of individuals with a net worth of $5 million or more: 49,005
   Percentage of the global population: 1.7%

   

7. Chicago, United States
   Number of individuals with a net worth of $5 million or more: 44,795
   Percentage of the global population: 1.5%

   

8. San Francisco, United States
   Number of individuals with a net worth of $5 million or more: 39,390
   Percentage of the global population: 1.3%

   

9. Washington, D.C., United States
   Number of individuals with a net worth of $5 million or more: 37,495
   Percentage of the global population: 1.3%

   

10. Dallas, United States
    Number of individuals with a net worth of $5 million or more: 36,515
    Percentage of the global population: 1.2%

    

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