As per a study by London-based WealthInsight, an independent research firm, Tokyo has got the highest number of millionaires. The study considered those individuals as millionaire who possessed assets worth $1 million or more (except their primary households).
Here 's a list of Top 10 Cities With the Most Millionaires :
A graphical representation available at http://fm.cnbc.com/applications/cnbc.com/resources/files/2013/05/07/global-cities-millionaires2.gif
provides a better way of representation.
Reports mention that US has got more number of millionaires as compared to Japan but most of the Japanese millionaires are concentrated in its capital city, Tokyo and this is the sole reason for the lagging behind of The New York City.
As an estimate made by WealthInsigth, China is supposed to have about 3.3 million millionaires by 2020 as against Japan with 2.2 million millionaires by the same year. America, however is going to lead the tally with a towering 7.7 million millionaires.
Here 's a list of Top 10 Cities With the Most Millionaires :
Sr. No.
|
City (Nation)
|
Number of Millionaires
|
1.
|
Tokyo (Japan)
|
461,000
|
2.
|
New York (USA)
|
389,000
|
3.
|
London (UK)
|
281,000
|
4.
|
Paris (France)
|
219,000
|
5.
|
Frankfurt (Germany)
|
217,000
|
6.
|
Beijing (China)
|
213,000
|
7.
|
Osaka (Japan)
|
190,000
|
8.
|
Hong Kong (China)
|
187,000
|
9.
|
Shanghai (China)
|
166,000
|
10.
|
Singapore
|
157,000
|
A graphical representation available at http://fm.cnbc.com/applications/cnbc.com/resources/files/2013/05/07/global-cities-millionaires2.gif
provides a better way of representation.
Reports mention that US has got more number of millionaires as compared to Japan but most of the Japanese millionaires are concentrated in its capital city, Tokyo and this is the sole reason for the lagging behind of The New York City.
As an estimate made by WealthInsigth, China is supposed to have about 3.3 million millionaires by 2020 as against Japan with 2.2 million millionaires by the same year. America, however is going to lead the tally with a towering 7.7 million millionaires.