NBC News reports “New York is the richest city in the world, with 359,500 millionaires and 60 billionaires, although the Bay Area of California is close behind, according to a new study.
New York’s millionaire population has surged 48% over the past decade, despite fears of wealth flight and the COVID-19 pandemic hollowing out the city’s affluent population, according to a report from Henley & Partners in collaboration with New World Wealth. New York’s millionaire population is now larger than the entire populations of Orlando or Pittsburgh. New York residents now have more than $3 trillion in wealth, greater than the GDPs of Brazil, Italy or Canada.”
Dallas ranked 22nd.
