If it feels like everyone in New York City is richer than you, it might be because they probably are.
New York has more millionaires than any other city in the world, beating out California's Bay Area, London and other wealthy cities, according to a new report. Nearly 350,00, or one in every 24 residents of The Big Apple are millionaires, according to a new ranking from Henley and Partners. New York City is also home to 744 centi-millionaires, worth at least $100 million; and 60 billionaires. The combined total wealth of the city's residents is greater than $3 trillion.
Dubai is far and away the wealthiest city in the Middle East, having grown its population of millionaires by 78% over the past 10 years.Henley and Partners, a firm that provides residence and citizenship services, defined millionaires as individuals with liquid investable wealth of at least $1 million.Some countries have had their wealth boosted by so-called golden visa programs that let wealthy foreigners obtain citizenship and/or residence.
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