Is your city included in the following list of the top 10 cities with the highest number of millionaires? 

By Srikanto Mandal 29 March, 2023

Nearly 47 million people around the world are members of the millionaire club, and the following is a list of the top 10 cities with the highest number of millionaires.

10. Shanghai (China)

Shanghai completes the top ten with 130,100 millionaires, including 42 billionaires, living and working in the financial hub of China.

9. Beijing (China)

Beijing (China) surpasses Shanghai with 131,500 millionaires, including 44 billionaires, residing in the capital city.

8. Houston (USA)

Houston (USA) occupies the eighth spot, with over 132,600 millionaires, including 25 billionaires.

7. Chicago (USA)

Chicago (USA) lands seventh on the list, with over 160,100 millionaires, including 28 billionaires.

6. Los Angeles (USA)

Los Angeles (USA) secures sixth place with over 192,000 millionaires and 34 billionaires residing in the city.

5. Singapore (Singapore)

Singapore (Singapore) ranks fifth and has nearly 250,000 millionaires, including 26 billionaires

4. London (UK)

London takes fourth place and remains Europe's leading city with 272,400 residents having more than one million US dollars in their bank accounts, including 38 billionaires.

3. San Francisco (USA)

San Francisco secures the third position as the top California city with 276,400 millionaires, including 62 billionaires, residing in the Bay Area.

2. Tokyo (Japan)

Tokyo (Japan) takes second place as the leading Asian metropolis, with nearly 305,000 millionaires, including 12 billionaires.

1. New York City (USA)

Topping the list is New York City (USA) with a staggering 345,000 individuals having over one million US dollars in their bank accounts, including 56 billionaires.