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Wednesday, July 15, 2020

Stats Gate

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%

    Tokyo

  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%

    Los Angeles, CA

  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%

    Chicago

  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%

    Washington D.C. District of Columbia

  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%


Have you read?
World’s Most (And Least) Religious Countries.
World’s Best Countries For Investment In Travel And Tourism Sector.
World’s Best (And Worst) Countries For Older People To Live In.
Countries With The Largest Household Size.
The World’s Best Non-Native English Speaking Countries.

Ryan Miller

Ryan Miller

Global Assignment Editor
Ryan Miller is the Global Assignment Editor at CEOWORLD magazine. He covers anything and everything related to CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide, whether lists or lifestyle, business or rankings. During his five-year tenure at CEOWORLD magazine, he has employed his expertise in data science across several roles. Ryan was previously responsible for data modelling and analytics, as well as secondary research, on the CEOWORLD magazine Custom Research team. He can be reached on email ryan-miller@ceoworld.biz. You can follow him on Twitter at @ceoworld.