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List: Top Ten Cities by Number of Ultra-high Net Worth Individuals as residents

Date: April 2013

Source: WealthInsight

Base: An ultra-high net worth individual is defined as somebody with net assets of more than US$30 million, excluding their prime residency.

Notes: London headed the list of the top ten cities as ranked by the number of ultra-high net worth individuals as residents with an estimated 4,224 residents fulfilling the criteria. 54 of them were 'billionaires' and there were an estimated 281,000 'millionaires'. Tokyo came second, Singapore third and New York fourth, although the U.S. city is ranked first by number of billionaires (with 70 of these lucky sods residing in the 'Big Apple'). The fastest climber was Beijing, in tenth place. WealthInsights believes that China as a whole will treble its number of millionaires by 2020. It's communism Jim, but not as we know it.

Overall Rank

City

No. Ultra-high Net Worth Individuals

1

London

4,224

2

Tokyo

3,525

3

Singapore

3,154

4

New York City

2,929

5

Hong Kong

2,560

6

Frankfurt

1,868

7

Mexico City

1,850

8

Paris

1,500

9

Osaka

1,450

10

Beijing

1,318


 
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