The Big Apple has once again proven why it’s called the city of dreams. According to the latest global wealth report, New York City is officially the richest city in the world, with 1 in every 22 residents now a millionaire.
The report, compiled by international wealth intelligence firm Henley & Partners, highlights New York’s unmatched financial ecosystem, home to over 350,000 millionaires, 744 centi-millionaires (with $100 million+ in assets), and 60 billionaires.
New York’s status as a global financial hub — fueled by Wall Street, Silicon Alley, luxury real estate, and a thriving startup culture — has kept it at the top of the world’s wealth rankings for several years.
“New York continues to attract high-net-worth individuals due to its economic resilience, investment opportunities, and cultural influence,” said Andrew Amoils, Head of Research at New World Wealth.
- 1 in every 22 people is a millionaire — the highest per capita millionaire density globally
- Manhattan alone hosts over 200,000 millionaires
- Strong presence of banking, hedge funds, real estate, media, and tech entrepreneurs
- New York City, USA
- San Francisco Bay Area, USA
- Tokyo, Japan
- London, UK
- Singapore
While cities like Dubai and Singapore have seen rapid rises, New York’s deep-rooted financial institutions, Ivy League talent, and diverse economy make it a consistent powerhouse for wealth creation.
Beyond finance, industries like fashion, media, and technology continue to expand in New York, drawing in a new generation of affluent professionals and investors.
As New York cements its place at the top, the city stands not just as a financial capital — but as a global symbol of opportunity, ambition, and affluence.
