Paris came in seventh in the world and second in Europe, with 165,000 liquid millionaires. Despite being home to the world’s richest person, Bernard Arnault, the French capital also trails London in total billionaires, with 23 to London’s 35. Continue reading

The ranking may be further proof that New York is increasingly becoming a place for only the wealthy, as the cost of living in the city skyrockets.

The Big Apple is home to the most millionaires in the world — despite the recent exodus of wealth spurred on by the pandemic.

The number of people with a seven-figure net worth has jumped in Manhattan, the Bay Area and Singapore over the past decade, according to a report. London, Hong Kong and Moscow saw declines.

New York City has more millionaires than any other city in the world, even before the price of their homes is taken into account, according to investment migration consultancy Henley and Partners. In its latest ranking,