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This article was first published 11 years ago

World's 20 cities with most millionaires

Last updated on: May 13, 2013 10:29 IST

Image: An emerald and diamond necklace by Bvlgari at Christie's auction of Elizabeth Taylor's collection in Los Angeles, United States. The necklace is expected to bring $1.5 million.
Photographs: Fred Prouser/Reuters

Although the world economy is going through a rough time, there is no shortage of millionaires and billionaires in the world.

Let's take a look at 20 cities that have most millionaires in the world.

Source: The Economist and WealthInsight

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World's 20 cities with most millionaires

Image: A student in a school uniform walks past a luxury brand store in a Tokyo shopping district, Japan.
Photographs: Yuriko Nakao/Reuters

Tokyo

Number of millionaires: 460,700

Number of multi-millionaires: 3,525

Number of billionaires: 12

Total population of the city: 13.1 million

Global rank: 1

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Tags: Tokyo

World's 20 cities with most millionaires

Image: Children rush out onto a freshly resurfaced ice rink set up in Bryant Park, New York City, United States.
Photographs: Chip East/Reuters

New York City

Number of millionaires: 389,100

Number of multi-millionaires: 2,929

Number of billionaires: 70

Total population of the city: 8.3 million

Global rank: 2

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World's 20 cities with most millionaires

Image: A view of the Canary Wharf district of London in United Kingdom.
Photographs: Jonathan Bainbridge/Reuters

London

Number of millionaires: 281,000

Number of multi-millionaires: 4,224

Number of billionaires: 54

Total population of the city: 8.2 million

Global rank: 3

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Tags: London

World's 20 cities with most millionaires

Image: A view of Montparnasse Tower from the Luxembourg Gardens in Paris, France.
Photographs: Jacky Naegelen/Reuters

Paris

Number of millionaires: 219,300

Number of multi-millionaires: 1,500

Number of billionaires: 22

Total population of the city: 10.4 million

Global rank: 4

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Tags: Paris

World's 20 cities with most millionaires

Image: Skyline of Frankfurt is pictured from the top floor of the headquarters of the European Central Bank in Germany.
Photographs: Kai Pfaffenbach/Reuters

Frankfurt

Number of millionaires: 217,500

Number of multi-millionaires: 1,868

Number of billionaires: 1

Total population of the city: 2.9 million

Global rank: 5

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Tags: Frankfurt

World's 20 cities with most millionaires

Image: Waiters from a hotel cross a road in Beijing's Central Business District, China.
Photographs: Jason Lee/Reuters

Beijing

Number of millionaires: 213,400

Number of multi-millionaires: 1,318

Number of billionaires: 29

Total population of the city: 20.7 million

Global rank: 6

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Tags: Beijing

World's 20 cities with most millionaires

Image: Dotonbori shopping and amusement district in Osaka, western Japan.
Photographs: Issei Kato/Reuters

Osaka

Number of millionaires: 189,500

Number of multi-millionaires: 1,450

Number of billionaires: 4

Total population of the city: 18.7 million

Global rank: 7

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Tags: Osaka

World's 20 cities with most millionaires

Image: A view of Wanchai district in Hong Kong.
Photographs: Tyrone Siu/Reuters

Hong Kong

Number of millionaires: 187,400

Number of multi-millionaires: 2,560

Number of billionaires: 40

Total population of the city: 7.0 million

Global rank: 8

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Tags: Hong Kong

World's 20 cities with most millionaires

Image: Traffic flows on a flyover at the Bund in Shanghai, China.
Photographs: Reuters

Shanghai

Number of millionaires: 166,400

Number of multi-millionaires: 1,028

Number of billionaires: 23

Total population of the city: 23.0 million

Global rank: 9

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Tags: Shanghai

World's 20 cities with most millionaires

Image: People ride in a roller coaster at the Universal Studios theme park in Singapore.
Photographs: Vivek Prakash/Reuters

Singapore

Number of millionaires: 157,000

Number of multi-millionaires: 3,154

Number of billionaires: 13

Total population of the city: 5.3 million

Global rank: 10

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Tags: Singapore

World's 20 cities with most millionaires

Image: A subway station in the Gangnam area of Seoul, South Korea.
Photographs: Lee Jae-Won/Reuters

Seoul

Number of millionaires: 130,600

Number of multi-millionaires: 1,302

Number of billionaires: 8

Total population of the city: 10.6 million

Global rank: 11

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Tags: Seoul

World's 20 cities with most millionaires

Image: A view of Munich's townhall in Germany.
Photographs: Michaela Rehle/Reuters

Munich

Number of millionaires: 129,600

Number of multi-millionaires: 1,113

Number of billionaires: 8

Total population of the city: 2.6 million

Global rank: 12

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Tags: Munich

World's 20 cities with most millionaires

Image: A tourist boat glides past sunbathers lying on a small artificial beach, right, on the banks of the Tiber River in Rome, as the Vatican's St Peter's Basilica is seen on the top.
Photographs: Chris Helgren/Reuters

Rome

Number of millionaires: 126,800

Number of multi-millionaires: 945

Number of billionaires: 6

Total population of the city: 2.8 million

Global rank: 13

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Tags: Rome

World's 20 cities with most millionaires

Image: A view of downtown Los Angeles in United States.
Photographs: Sam Mircovich/Reuters

Los Angeles

Number of millionaires: 126,200

Number of multi-millionaires: 950

Number of billionaires: 19

Total population of the city: 3.8 million

Global rank: 14

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World's 20 cities with most millionaires

Image: Light snow falls over Toronto, Ontario, Canada.
Photographs: Hyungwon Kang/Reuters

Toronto

Number of millionaires: 117,600

Number of multi-millionaires: 1,184

Number of billionaires: 5

Total population of the city: 5.1 million

Global rank: 15

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Tags: Toronto

World's 20 cities with most millionaires

Image: Ten-year-old Adam Kane, of Alton, Illinois, is interviewed by a television reporter as they stand on 'The Ledge', a five-sided glass box, 1,353 feet above the street in Chicago, United States.
Photographs: Frank Polich/Reuters

Chicago

Number of millionaires: 106,800

Number of multi-millionaires: 804

Number of billionaires: 15

Total population of the city: 8.7 million

Global rank: 16

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Tags: Chicago

World's 20 cities with most millionaires

Image: A man walks past a work by artists Andy Townsend and Suzie Bleach, which is part of 'Sculpture by the Sea', south of Sydney's famous Bondi Beach in Australia.
Photographs: Tim Wimborne/Reuters

Sydney

Number of millionaires: 103,700

Number of multi-millionaires: 931

Number of billionaires: 9

Total population of the city: 4.6 million

Global rank: 17

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Tags: Sydney

World's 20 cities with most millionaires

Image: Space shuttle Endeavour, atop Nasa's Shuttle Carrier Aircraft, flies over Houston, Texas, United States.
Photographs: Sheir Locke/Nasa/Handout/Reuters

Houston

Number of millionaires: 103,200

Number of multi-millionaires: 777

Number of billionaires: 10

Total population of the city: 4.9 million

Global rank: 18

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Tags: Houston

World's 20 cities with most millionaires

Image: Colombian painter and sculptor Fernando Botero's bronze monumental 'Horse' sculpture outside Mexico City's Palace of Fine Arts.
Photographs: Henry Romero/Reuters

Mexico City

Number of millionaires: 102,300

Number of multi-millionaires: 1,850

Number of billionaires: 6

Total population of the city: 8.8 million

Global rank: 19

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World's 20 cities with most millionaires

Image: St Nicholas (Nikolskaya) Tower, left, and History Museum, right, in Moscow's Red Square, Russia.
Photographs: Mikhail Voskresensky/Reuters

Moscow

Number of millionaires: 101,200

Number of multi-millionaires: 821

Number of billionaires: 64

Total population of the city: 11.5 million

Global rank: 20

Tags: Moscow