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Twenty cities have more than 100,000 millionaires – but which has most? And where do the world's billionaires live?
Where do the world's wealthiest individuals live? Well, it depends if you're talking millionaires, multi-millionaires or billionaires, according to a new list of the global rich.
Tokyo may contain the most millionaires (US$), however London is the city with the highest number of multi-millionaires - defined as individuals with over $30m each. For the fattest of the fat cats, though, look to New York where 70 billionaires have made their home - or maybe one of their many global homes.
The ranking of top global cities for millionaires, multi-millionaires and billionaires has been compiled by London based wealth consultancy WealthInsight using five years of data analysed by their team. So what insights can we glean from this latest rich list?
Great location-based data like this, however, often makes more sense displayed on a map. With Mapsdata, and thanks to the data being available alongside the article, it took us just a few minutes to create the interactive data visualizations below, and map the cities with the most millionaires and billionaires.
The world’s millionaires:
The world's billionaires:
COMMENTARY: It does not surprise me that Tokyo, Japan has the most millionaires. You have to be a millionaire just to live there. And it does not surprise me that the New York City has the most billionaires. After all, New York City is the financial capital of the world. The place where millions are made and lost in one day.
Courtesy of an article dated May 8, 2013 appearing in The Guardian DataBlog and an article appearing in MapsData
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