
America is home to the wealthiest city in the world, and it’s also where you’ll find a large chunk of the cities in the top 50.
That’s according to the World’s Wealthiest Cities Wealth Report from residence and citizenship advisory firm Henley & Partners.
Using data from New World Wealth — a wealth intelligence firm that has tracked the world’s wealthiest people for over a decade in 150 cities and 90 countries — the report identifies the wealthiest cities in the world according to the number of millionaires that live there.
Here’s a look at the wealthiest cities in the world.
10. Chicago

The number of people living in this city who:
- Are millionaires: 127,100
- Have a net worth of $100 million or more: 295
- Are billionaires: 25
Chicago made its way into the top 10 of the wealthiest cities this year, pushing Beijing out of the way. The Windy City is the third-largest city in the U.S., and its millionaire population grew 24% from 2014 to 2024.
9. Sydney

The number of people living in this city who:
- Are millionaires: 152,900
- Have a net worth of $100 million or more: 224
- Are billionaires: 22
Due in part to its population, Sydney is often mistaken as the capital of Australia — it is only the capital of New South Wales, an Australian state, and Canberra is the national capital. The millionaire population in Sydney grew 28% from 2014 to 2024.
8. Hong Kong

The number of people living in this city who:
- Are millionaires: 154,900
- Have a net worth of $100 million or more: 346
- Are billionaires: 40
This special administrative region of China, known for its neon lights and towering buildings, has seen just a 3% increase in millionaires since 2014.
7. Paris

The number of people living in this city who:
- Are millionaires: 160,100
- Have a net worth of $100 million or more: 277
- Are billionaires: 22
Paris is a city known for its monuments, from the Eiffel Tower to the Arc de Triomphe, but it is also home to monumental wealth. The city has seen a 5% increase in millionaires since 2014.
6. London

The number of people living in this city who:
- Are millionaires: 215,700
- Have a net worth of $100 million or more: 352
- Are billionaires: 33
Like the famous nursery rhyme bridge, London’s millionaire population is falling down. The city has experienced a 12% decline in millionaires in the past decade.
By the way, you now can see that bridge in the U.S. — it was moved to Lake Havasu City, Arizona, as we note in “10 of the Best Places to Retire in Arizona (From Tiny Towns to Tucson).”
5. Los Angeles

The number of people living in this city who:
- Are millionaires: 220,600
- Have a net worth of $100 million or more: 516
- Are billionaires: 45
Los Angeles has minted many a celebrity since the Golden Age of Hollywood. Many of those wealthy folks continue to call it home. Its millionaire population increased by 35% from 2014 to 2024.
4. Singapore

The number of people living in this city who:
- Are millionaires: 242,400
- Have a net worth of $100 million or more: 333
- Are billionaires: 30
Tiny Singapore — which is smaller than Rhode Island — has seen an impressive 62% growth in millionaires from 2014 to 2024.
3. Tokyo

The number of people living in this city who:
- Are millionaires: 292,300
- Have a net worth of $100 million or more: 262
- Are billionaires: 18
Tokyo is one of the world’s wealthiest cities with one of the smallest increases in millionaires over the past decade. The city has gained only 4% of them since 2014.
2. The Bay Area

The number of people living in this city who:
- Are millionaires: 342,400
- Have a net worth of $100 million or more: 756
- Are billionaires: 82
The Bay Area — which includes San Francisco and Silicon Valley — has seen an incredible 98% growth rate in millionaires over the past decade. The metro area also boasts the most billionaires of any of the cities in the top 10.
1. New York City

The number of people living in this city who:
- Are millionaires: 384,500
- Have a net worth of $100 million or more: 818
- Are billionaires: 66
The Big Apple is home to the biggest money in the world, with more of it arriving all the time. The city saw a 45% increase in millionaires from 2014 to 2024.










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