NYC Tops Global Wealth with $3 Trillion, 349,500 Millionaires, Up 48% Since 2013

May 7, 2024, 05:55 PM

New York City has been identified as the wealthiest city in the world, with a total resident wealth surpassing $3 trillion. The city boasts 349,500 millionaires, reflecting a 48% increase since 2013. This growth has resulted in one out of every 24 residents being a millionaire. The city leads the global ranking of the richest cities, with Miami positioned at 33rd. Tokyo, which ranks third, has experienced a 5% decline in millionaires over the same period.