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Top 50 Cities for Millionaires in 2025

September 26, 2025

5 min Read

Written by Heather Taylor

Edited by Chris Cluff

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New York City and the Bay Area, two of the wealthiest metros in America, have been recognized as the top two cities for millionaires in 2025.

The list of this year’s top 50 cities for millionaires was provided in the World’s Wealthiest Cities Report 2025 created by investment migration consultancy Henley & Partners. The interactive data set included each country’s resident millionaires, centi-millionaires and billionaires. The United States accounts for 22% of the overall ranking, with 11 out of the top 50 cities.

See which 50 cities have the greatest number of millionaires in 2025.

1. New York City

Population: 8.5 million
Millionaires: 384,500
Centimillionaires ($100M+): 818
Billionaires: 66
Millionaire growth % (2014 to 2024): 45%

2. The Bay Area

Population: 7.6 million
Millionaires: 342,400
Centimillionaires ($100M+): 756
Billionaires: 82
Millionaire growth % (2014 to 2024): 98%

3. Tokyo

Population: 37 million
Millionaires: 292,300
Centimillionaires ($100M+): 262
Billionaires: 18
Millionaire growth % (2014 to 2024): 4%

4. Singapore

Population: 6 million
Millionaires: 242,400
Centimillionaires ($100M+): 333
Billionaires: 30
Millionaire growth % (2014 to 2024): 62%

5. Los Angeles

Population: 3.9 million
Millionaires: 220,600
Centimillionaires ($100M+): 516
Billionaires: 45
Millionaire growth % (2014 to 2024): 35%

6. London

Population: 9.8 million
Millionaires: 215,700
Centimillionaires ($100M+): 352
Billionaires: 33
Millionaire growth % (2014 to 2024): -12%

7. Paris

Population: 11.3 million
Millionaires: 160,100
Centimillionaires ($100M+): 277
Billionaires: 22
Millionaire growth % (2014 to 2024): 5%

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8. Hong Kong

Population: 7.5 million
Millionaires: 154,900
Centimillionaires ($100M+): 346
Billionaires: 40
Millionaire growth % (2014 to 2024): 3%

9. Sydney

Population: 5.2 million
Millionaires: 152,900
Centimillionaires ($100M+): 224
Billionaires: 22
Millionaire growth % (2014 to 2024): 28%

10. Chicago

Population: 2.7 million
Millionaires: 127,100
Centimillionaires ($100M+): 295
Billionaires: 25
Millionaire growth % (2014 to 2024): 24%

11. Milan, Italy

Population: 3.2 million
Millionaires: 115,000
Centimillionaires ($100M+): 182
Billionaires: 17
Millionaire growth % (2014 to 2024): 24%

12. Beijing

Population: 22.6 million
Millionaires: 114,300
Centimillionaires ($100M+): 316
Billionaires: 38
Millionaire growth % (2014 to 2024): 72%

13. Osaka-Kyoto-Kobe, Japan

Population: 5.5 million
Millionaires: 112,200
Centimillionaires ($100M+): 128
Billionaires: 12
Millionaire growth % (2014 to 2024): 20%

14. Shanghai

Population: 30.5 million
Millionaires: 110,500
Centimillionaires ($100M+): 293
Billionaires: 35
Millionaire growth % (2014 to 2024): 67%

15. Toronto

Population: 2.8 million
Millionaires: 108,400
Centimillionaires ($100M+): 184
Billionaires: 20
Millionaire growth % (2014 to 2024): 18%

16. Melbourne

Population: 5.4 million
Millionaires: 94,000
Centimillionaires ($100M+): 108
Billionaires: 12
Millionaire growth % (2014 to 2024): 36%

17. Houston

Population: 2.3 million
Millionaires: 81,800
Centimillionaires ($100M+): 210
Billionaires: 16
Millionaire growth % (2014 to 2024): 75%

18. Dubai

Population: 3.1 million
Millionaires: 81,200
Centimillionaires ($100M+): 237
Billionaires: 20
Millionaire growth % (2014 to 2024): 102%

19. Frankfurt, Germany

Population: 804,000
Millionaires: 80,300
Centimillionaires ($100M+): 132
Billionaires: 13
Millionaire growth % (2014 to 2024): 9%

20. Zurich

Population: 1.45 million
Millionaires: 77,800
Centimillionaires ($100M+): 180
Billionaires: 10
Millionaire growth % (2014 to 2024): 10%

21. Dallas

Population: 1.3 million
Millionaires: 72,400
Centimillionaires ($100M+): 135
Billionaires: 16
Millionaire growth % (2014 to 2024): 85%

22. Geneva

Population: 645,000
Millionaires: 70,200
Centimillionaires ($100M+): 215
Billionaires: 14
Millionaire growth % (2014 to 2024): 26%

23. Munich

Population: 1.5 million
Millionaires: 69,800
Centimillionaires ($100M+): 87
Billionaires: 11
Millionaire growth % (2014 to 2024): 17%

24. Seoul

Population: 10 million
Millionaires: 66,000
Centimillionaires ($100M+): 148
Billionaires: 16
Millionaire growth % (2014 to 2024): 17%

25. Seattle

Population: 764,000
Millionaires: 53,100
Centimillionaires ($100M+): 127
Billionaires: 11
Millionaire growth % (2014 to 2024): 48%

26. Rome

Population: 4.35 million
Millionaires: 51,800
Centimillionaires ($100M+): 83
Billionaires: 9
Millionaire growth % (2014 to 2024): 9%

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27. Mumbai

Population: 22.1 million
Millionaires: 51,200
Centimillionaires ($100M+): 205
Billionaires: 25
Millionaire growth % (2014 to 2024): 69%

28. Shenzhen, China

Population: 13.5 million
Millionaires: 50,800
Centimillionaires ($100M+): 156
Billionaires: 22
Millionaire growth % (2014 to 2024): 142%

29. Vancouver, Canada

Population: 662,000
Millionaires: 46,400
Centimillionaires ($100M+): 90
Billionaires: 11
Millionaire growth % (2014 to 2024): 52%

30. Amsterdam

Population: 1.2 million
Millionaires: 46,100
Centimillionaires ($100M+): 93
Billionaires: 9
Millionaire growth % (2014 to 2024): 32%

31. Boston

Population: 639,000
Millionaires: 45,000
Centimillionaires ($100M+): 112
Billionaires: 8
Millionaire growth % (2014 to 2024): 40%

32. Miami

Population: 465,000
Millionaires: 38,800
Centimillionaires ($100M+): 180
Billionaires: 17
Millionaire growth % (2014 to 2024): 94%

33. Madrid

Population: 6.8 million
Millionaires: 34,900
Centimillionaires ($100M+): 72
Billionaires: 8
Millionaire growth % (2014 to 2024): 5%

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34. Perth, Australia

Population: 2.2 million
Millionaires: 34,600
Centimillionaires ($100M+): 66
Billionaires: 9
Millionaire growth % (2014 to 2024): 32%

35. Hangzhou, China

Population: 8.6 million
Millionaires: 32,200
Centimillionaires ($100M+): 104
Billionaires: 12
Millionaire growth % (2014 to 2024): 108%

36. Austin, Texas

Population: 989,000
Millionaires: 32,000
Centimillionaires ($100M+): 90
Billionaires: 10
Millionaire growth % (2014 to 2024): 90%

37. Vienna

Population: 2 million
Millionaires: 31,500
Centimillionaires ($100M+): 74
Billionaires: 7
Millionaire growth % (2014 to 2024): 20%

38. Taipei City

Population: 2.8 million
Millionaires: 31,400
Centimillionaires ($100M+): 85
Billionaires: 16
Millionaire growth % (2014 to 2024): 60%

39. Delhi

Population: 34.7 million
Millionaires: 31,200
Centimillionaires ($100M+): 125
Billionaires: 16
Millionaire growth % (2014 to 2024): 82%

40. Moscow

Population: 12.7 million
Millionaires: 30,000
Centimillionaires ($100M+): 178
Billionaires: 23
Millionaire growth % (2014 to 2024): -25%

41. Washington, D.C.

Population: 684,000
Millionaires: 28,900
Centimillionaires ($100M+): 97
Billionaires: 12
Millionaire growth % (2014 to 2024): 92%

42. Berlin

Population: 3.6 million
Millionaires: 28,400
Centimillionaires ($100M+): 50
Billionaires: 5
Millionaire growth % (2014 to 2024): 25%

43. Brisbane, Australia

Population: 2.6 million
Millionaires: 26,400
Centimillionaires ($100M+): 39
Billionaires: 4
Millionaire growth % (2014 to 2024): 22%

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44. Nice to Èze, France

Population: 343,000
Millionaires: 25,500
Centimillionaires ($100M+): 92
Billionaires: 9
Millionaire growth % (2014 to 2024): 18%

45. Guangzhou, China

Population: 14.9 million
Millionaires: 24,300
Centimillionaires ($100M+): 69
Billionaires: 9
Millionaire growth % (2014 to 2024): 88%

46. Manchester & Trafford, UK

Population: 2.8 million
Millionaires: 23,400
Centimillionaires ($100M+): 68
Billionaires: 7
Millionaire growth % (2014 to 2024): 7%

47. Stockholm

Population: 1.7 million
Millionaires: 23,100
Centimillionaires ($100M+): 60
Billionaires: 11
Millionaire growth % (2014 to 2024): 2%

48. Tel Aviv & Herzliya, Israel

Population: 4.6 million
Millionaires: 22,600
Centimillionaires ($100M+): 76
Billionaires: 9
Millionaire growth % (2014 to 2024): 25%

49. Dublin

Population: 1.3 million
Millionaires: 22,300
Centimillionaires ($100M+): 43
Billionaires: 5
Millionaire growth % (2014 to 2024): 34%

50. Lisbon, Portugal

Population: 3 million
Millionaires: 22,200
Centimillionaires ($100M+): 45
Billionaires: 4
Millionaire growth % (2014 to 2024): 40%

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1. New York City

2. The Bay Area

3. Tokyo

4. Singapore

5. Los Angeles

6. London

7. Paris

8. Hong Kong

9. Sydney

10. Chicago

11. Milan, Italy

12. Beijing

13. Osaka-Kyoto-Kobe, Japan

14. Shanghai

15. Toronto

16. Melbourne

17. Houston

18. Dubai

19. Frankfurt, Germany

20. Zurich

21. Dallas

22. Geneva

23. Munich

24. Seoul

25. Seattle

26. Rome

27. Mumbai

28. Shenzhen, China

29. Vancouver, Canada

30. Amsterdam

31. Boston

32. Miami

33. Madrid

34. Perth, Australia

35. Hangzhou, China

36. Austin, Texas

37. Vienna

38. Taipei City

39. Delhi

40. Moscow

41. Washington, D.C.

42. Berlin

43. Brisbane, Australia

44. Nice to Èze, France

45. Guangzhou, China

46. Manchester & Trafford, UK

47. Stockholm

48. Tel Aviv & Herzliya, Israel

49. Dublin

50. Lisbon, Portugal

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