What city produces the most billionaires? (2024)

What city produces the most billionaires?

New York City topped the list with 136 billionaires in 2022. The city's uber-rich population lost two people from 2021 to 2022, but it's still the global billionaire capital.

Which city has the highest number of billionaires?

Forbes
RankCityCountry
1New York CityUnited States
2Hong KongHong Kong SAR
3BeijingChina
4ShanghaiChina
7 more rows

Which city produces the most millionaires?

New York City

Which city is richest in world?

With 340,000 millionaires, 724 centi-millionaires, and 58 billionaires, New York City reigns supreme in global wealth.

Where do most billionaire live in USA?

The top state for members of The Forbes 400 list isn't sunny Florida or low-tax Texas, but California. The Golden State is by far the most popular place to call home for America's super-rich, with 87 Forbes 400 members worth more than $1 trillion in all.

What is the richest city in the USA?

New York remains the richest city in the U.S. and the world with nearly 350,000 millionaires and 60 billionaires. Its millionaire population has grown 48% over the past decade.

Which US state has no billionaires?

This is a list of U.S. states and federal district by the number of billionaires as of 2023; there are 756 billionaires living in the United States. They live in 43 of the 50 states. The only states with no billionaire residents are Alabama, Alaska, Delaware, New Mexico, North Dakota, Vermont, and West Virginia.

What are the top 4 cities in the US with millionaires?

New York City, The Bay Area, Los Angeles, Chicago, and Boston are the top US cities with the most millionaires in the world. These are also some of the richest US cities by GDP per capita.

What city in US has most millionaires?

New York City saw its population of millionaires jump by 48 percent in a decade, according to a new report. The Big Apple still leads the U.S. — and the world — among wealthy cities.

What city do most millionaires live in the US?

01: New York City

The Big Apple tops the list of American cities with the most high net worth individuals. About 349,500 millionaires and 60 billionaires reside in America's largest city. Its millionaire population grew 48% in 2023 compared with 2013.

Where is the best place to live for billionaires?

#1: New York

New York is the wealthiest city in the world⁠—home to 345,600 millionaires with a total private wealth that exceeds $3 trillion. New York is home to many Fortune 500 companies and is the financial heart of the United States, with the New York Stock Exchange and NASDAQ located in the Big Apple.

Why is Dubai so rich?

The discovery of oil in 1966 changed everything and transformed Dubai into a wealthy city almost overnight. Oil and gas exports generated huge revenues for the city and enabled it to invest in infrastructure, public services, and social programs.

Where do most billionaires live in California?

Almost half of the state's billionaires come from tech. Much of that wealth is concentrated in the San Francisco Bay Area, where 116 of the state's billionaires reside. That includes the state's richest residents: Google cofounders Larry Page and Sergey Brin.

Are there any Trillionaires?

No individual has claimed the status of trillionaire just yet. But a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency isn't unattainable, but it will be a couple of years yet. Only 18 countries have a GDP that exceeds that amount.

Which US state has most billionaires?

California — 186 billionaires. New York — 135 billionaires. Florida — 78 billionaires. Texas — 73 billionaires.

Where do the ultra rich live?

While New York City is at the top of the list when counting the world's billionaire population, Hong Kong comes out on top when looking at ultra-high net worth population, the report says.

Is Miami the richest city in US?

According to a 2018 UBS study of 77 world cities, Miami is the third-richest city in the U.S. and the third-richest globally in purchasing power. Miami is a majority-minority city with a Hispanic and Latino population of 310,472, or 70.2 percent of the city's population, as of 2020.

What is the richest city in Florida?

1) Naples. Naples, the wealthiest city in the Sunshine State, is located in southwest Florida, near the Gulf of Mexico.

How rich is Las Vegas?

Las Vegas's so-called "fun economy" is worth an astonishing $13.7 trillion when accounting for tourism, sports, and entertainment revenue streams, according to the University of Nevada, Las Vegas' Zero Labs.

Is Taylor Swift a billionaire?

She also owns numerous pricey properties across the U.S. Both Bloomberg and Forbes pin her net worth at an estimated $1.1 billion on the low end, based on analyses of her fortune. Swift first achieved billionaire status in October when she released a re-recording of her nine-year-old album "1989," Bloomberg reported.

Who is the richest family in the world?

With an estimated wealth of $305 billion, the Royal family of Abu Dhabi- Al Nahyan family— is known as the richest family in the world. The head of the Al Nahyan family, Sheikh Mohammed bin Zayed Al Nahyan, is the ruler and President of the United Arab Emirates (UAE).

Who is the richest woman in the world?

Françoise Bettencourt Meyers

With an eye-watering net worth of $99 billion, Francoise Bettencourt Meyers, a French businesswoman and philanthropist, is the richest woman in the world. Françoise is the granddaughter of Eugène Schueller, the founder of beauty empire L'Oréal, and the only child of Liliane Bettencourt.

What states are millionaires moving to?

Texas, Arizona and Florida are home to the cities seeing the fastest growth of millionaires in the US, according to a report from global wealth advisory firm Henley & Partners in partnership with New World Wealth.

What state houses the most millionaires?

American states with highest ratio of millionaire households per capita in 2020
CharacteristicRatio of millionaire households per capita
Massachusetts9.38%
Hawaii9.2%
District of Columbia9.12%
California8.51%
9 more rows
Feb 2, 2024

Who will be the first trillionaire?

"Of the 21 individuals who stand a chance of reaching this phenomenal milestone in their lifetime, Elon Musk is predicted to be the first," said CEO Magazine.

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