32 cities around the world where the most rich people live

New York City remains the wealth capital of the world.

According to a new report from Wealth-X, a firm that does research and valuations on ultra-high net worth (UHNW) individuals, the New York metro area counted the highest number of residents with $30 million or more in assets in 2016. The number of wealthy residents rose 9% from 2015 to 8,350, just under 1% of the city’s total population.

Two other global financial hubs, Hong Kong and Tokyo, rounded out the top three, proving financial centers are a magnet for the ultra wealthy. New York and Hong Kong also have the highest number of billionaire residents.

Wealth-X used its database of UHNW individuals to estimate the total population of rich people in the world’s major metro areas, which include suburbs beyond the city limits. The final population results are rounded to the nearest 10.

Notably, American cities dominated the list claiming more than half in the top 32, while cities in Latin America, the Middle East, Africa, or the Pacific regions didn’t make the cut.

Below, check out the top 32 cities in the world where the most rich people live.


30 (TIE). Shanghai, China

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dibrova/Shutterstock

UHNW population (2016): 960

Year over year change: +9.1%


30 (TIE). Phoenix-Mesa-Scottsdale, Arizona

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Flickr via Frank Kehren

UHNW population (2016): 960

Year over year change: +7.9%


30 (TIE). Moscow, Russia

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Shutterstock

UHNW population (2016): 960

Year over year change: -4%


28 (TIE). San Diego-Carlsbad, California

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Shutterstock/Sebastien Burel

UHNW population (2016): 1,070

Year over year change: +7%


28 (TIE). Munich, Germany

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Sean Pavone/Shutterstock

UHNW population (2016): 1,070

Year over year change: +7%


27. Seoul, South Korea

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Shutterstock

UHNW population (2016): 1,080

Year over year change: +3.8%


26. Taipei, Taiwan

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Wikipedia Commons

UHNW population (2016): 1,110

Year over year change: +2.8%


25. Detroit-Warren-Dearborn, Michigan

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Shutterstock

UHNW population (2016): 1,150

Year over year change: +9.5%


24. Stockholm, Sweden

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Flickr via mispahn

UHNW population (2016): 1,160

Year over year change: +7.4%


23. Minneapolis-St. Paul-Bloomington, Minnesota, Wisconsin

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Scruggelgreen/Shutterstock

UHNW population (2016): 1,230

Year over year change: +7.9%


22. San Jose-Sunnyvale-Santa Clara, California

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Sundry Photography/Shutterstock

UHNW population (2016): 1,390

Year over year change: +7.8%


21. Nagoya (Chukyo MAA), Japan

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Tupungato/Shutterstock

UHNW population (2016): 1,410

Year over year change: +16.5%


20. Miami-Fort Lauderdale-West Palm Beach, Florida

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Richard Cavalleri/Shutterstock

UHNW population (2016): 1,230

Year over year change: +7.9%


19. Atlanta-Sandy Springs-Roswell, Georgia

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Shutterstock/Sean Pavone

UHNW population (2016): 1,590

Year over year change: +8.2%


18. Seattle-Tacoma-Bellevue, Washington

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Tupungato/ Shutterstock

UHNW population (2016): 1,660

Year over year change: +8.5%


17. Toronto, Canada

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Taxiarchos228 / Wikimedia Commons

UHNW population (2016): 1,760

Year over year change: +0.6


16. Zurich, Switzerland

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eFesenko/Shutterstock.com

UHNW population (2016): 1,930

Year over year change: +0.5


15. Philadelphia-Camden-Wilmington, Pennsylvania, New Jersey, Delaware, Maryland

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f11photo/Shutterstock

UHNW population (2016): 2,020

Year over year change: +8.6%


14. Boston-Cambridge-Newton, Massachusetts, New Hampshire

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Tupungato/Shutterstock

UHNW population (2016): 2,090

Year over year change: +8.9%


13. Singapore

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martinho Smart/Shutterstock

UHNW population (2016): 2,170

Year over year change: -0.5%


12. Houston-The Woodlands-Sugar Land, Texas

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Sean Pavone/Shutterstock

UHNW population (2016): 2,290

Year over year change: -3.4%


11. San Francisco-Oakland-Hayward, California

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f11photo/Shutterstock

UHNW population (2016): 2,310

Year over year change: +6%


10. Dallas-Fort Worth-Arlington, Texas

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Shutterstock

UHNW population (2016): 2,330

Year over year change: +5.4%


9. Osaka-Kyoto (Keihanshin MMA), Japan

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Sean Pavone/Shutterstock

UHNW population (2016): 2,390

Year over year change: +16.6%


8. Washington-Arlington-Alexandria, DC, Virginia, Maryland, West Virginia

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Sean Pavone/Shutterstock

UHNW population (2016): 2,570

Year over year change: +8.9%


7. Chicago-Naperville-Elgin, Illinois, Indiana, Wisconsin

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Shutterstock

UHNW population (2016): 3,110

Year over year change: +7.6%


6. Paris (metro), France

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photo.ua/Shutterstock

UHNW population (2016): 3,440

Year over year change: +4.6%


5. London (metro), England

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ileana_bt / Shutterstock

UHNW population (2016): 3,630

Year over year change: -14.6%


4. Los Angeles-Long Beach-Anaheim, California

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iStock / ComfortableNomad

UHNW population (2016): 4,600

Year over year change: +8%


3. Tokyo, Japan

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Shutterstock

UHNW population (2016): 6,040

Year over year change: +17.5%


2. Hong Kong

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Ronnie Chua/Shutterstock

UHNW population (2016): 7,650

Year over year change: +4.1%


1. New York-Newark-Jersey City, New York, New Jersey, Pennsylvania

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Flickr/Jerry Ferguson

UHNW population (2016): 8,350

Year over year change: +9%