Cities with the most millionaires

Figures from Henley & Partners, a migration consultancy, show that more millionaires are moving to the Netherlands than leaving. Many millionaires are crossing the North Sea from the United Kingdom to settle here. The agency researched where the world's millionaires live. MASTERS examines the list and identifies five of the most wealth-friendly residential areas.

Figures from Henley & Partners, a migration consultancy, made it clear that more millionaires are joining the Netherlands than leaving. It is striking that many millionaires cross the North Sea from the United Kingdom and settle in the Netherlands. The agency conducted research into where the most millionaires in the world live. MASTERS examines the list and lists the five most wealth-friendly residential areas.

5. Singapore

Just below London we find Singapore with 249.900 millionaires. This number is very high when you consider that the city-state is one of the twenty smallest countries in the world. Figures also show that as many as one in six Singaporean households own more than US$XNUMX million. Another fun fact; Singapore is one of the greenest cities in the world. Despite all the skyscrapers you will find an astonishing amount of nature; almost half of the surface is covered with greenery.

4. London

Fourth place is closer to home; No fewer than 272.400 millionaires live in this English capital. There is a decrease of 9 percent in the number compared to last year, perhaps because these millionaires are settling on Dutch soil.

3. San Francisco Bay Area 

The study shows that the San Francisco Bay Area is home to 276.400 millionaires. This area includes Silicon Valley. This is where companies like Apple, Facebook, Google and eBay have their headquarters, making it home to many tech billionaires. There is also a slight increase in the number compared to last year. In fact, it is expected that by 2040 the area will reach a top position in the list.

2. Tokyo 

Tokyo also appears to be an attractive city for people with more than six zeros in their bank account. To be precise, 304.900 millionaires live here. However, the number of billionaires is somewhat smaller than New York, in Tokyo there are 12. Major companies in Tokyo are Honda, Hitachi, Mitsubishi, Softbank and Sony.

1. New York 

At number one on the list is New York with a total of 345.600 millionaires. In fact, 59 billionaires live in this city. Perhaps potential buyers for the apartment which MASTERS wrote about previously... Despite the fact that most millionaires in the world live in the Big Apple, there is a downward trend in the number in this city.

The Netherlands

The study defines millionaires as individuals with an investable income of US$1 million or more.

Unfortunately, there is no place for the Netherlands in the overview. Closer to home we find Frankfurt (13th place), Paris (20th place), Geneva (19th place) and Zurich (15th place) in the top 20.