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U.S. Is Home to 6 of the Top 20 Cities with the Most Billionaires in the World

San Francisco has the most billionaire residents of any city, and New York has the most millionaires. See what other cities made the list

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According to a Henley & Partners report, the U.S. dominates its roundup of the world’s wealthiest cities, holding six of the 20 spots in its list of the cities with the most millionaires. The firm counts millionaires as anyone with at least $1 million in investable assets. Although New York lost 12% of its wealthiest residents in the first half of 2022, according to the report, the Big Apple is still the city with the most millionaires in the world. However, other cities are catching up to New York and could overtake its top spot over the next few years. Here are the cities where the most wealth is concentrated.

Related: Analysis: These Cities Are Home to the Highest-Income Entrepreneurs

1. New York

Millionaires: 16,207

Billionaires: 59

2. Tokyo

Millionaires: 7,613

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