Top 50 Cities for Millionaires in 2025

September 26, 2025 — 08:12 EDT

New York and the Bay Area, two of the most influential metropolises in the United States, have been recognized as the top cities for millionaires in 2025.

The list of the 50 best cities for millionaires this year was released by the investment migration consultancy Henley & Partners. The interactive dataset included resident millionaires, centi-millionaires, and billionaires from each country. The United States accounts for 22% of the overall ranking, with 11 of the top 50 cities.

1. New York

• Population: 8.5 million
• Millionaires: 384,500
• Centimillionaires ($100M+): 818
• Billionaires: 66
• Growth of millionaires (2014-2024): 45%

2. Bay Area

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

3. Tokyo

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

4. Singapore

• Population: 6 million
• Millionaires: 242,400
• Centimillionaires ($100M+): 333
• Billionaires: 30
• Growth of millionaires (2014-2024): 62%

5. Los Angeles

• Population: 3.9 million
• Millionaires: 220,600
• Centimillionaires ($100M+): 516
• Billionaires: 45
• Growth of millionaires (2014-2024): 35%

6. London

• Population: 9.8 million
• Millionaires: 215,700
• Centimillionaires ($100M+): 352
• Billionaires: 33
• Growth of millionaires (2014-2024): -12%

7. Paris

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

8. Hong Kong

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

9. Sydney

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

10. Chicago

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

11. Milan, Italy

• Population: 3.2 million
• Millionaires: 115,000
• Centimillionaires ($100M+): 182
• Billionaires: 17
• Growth of millionaires (2014-2024): 24%

12. Beijing

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

13. Osaka-Kyoto-Kobe, Japan

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

14. Shanghai

• Population: 30.5 million
• Millionaires: 110,500
• Centimilionaires ($100M+): 293
• Billionaires: 35
• Millionaire Growth (2014-2024): 67%

15. Toronto

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

16. Melbourne

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

17. Houston

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

18. Dubai

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

19. Frankfurt, Germany

• Population: 804,000
• Millionaires: 80,300
• Centimillionaires ($100M+): 132
• Billionaires: 13
• Growth of millionaires (2014-2024): 9%

20. Zurich

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

21. Dallas

• Population: 1.3 million
• Millionaires: 72,400
• Centimillionaires ($100M+): 135
• Billionaires: 16
• Growth of millionaires (2014-2024): 85%

22. Geneva

• Population: 645,000
• Millionaires: 70,200
• Centimillionaires ($100M+): 215
• Billionaires: 14
• Growth of millionaires (2014-2024): 26%

23. Munich

• Population: 1.5 million
• Millionaires: 69,800
• Centimillionaires ($100M+): 87
• Billionaires: 11
• Growth of millionaires (2014-2024): 17%

24. Seoul

• Population: 10 million
• Millionaires: 66,000
• Centimillionaires ($100M+): 148
• Billionaires: 16
• Growth of millionaires (2014-2024): 17%

25. Seattle

• Population: 764,000
• Millionaires: 53,100
• Centimillionaires ($100M+): 127
• Billionaires: 11
• Growth of millionaires (2014-2024): 48%

26. Rome

• Population: 4.35 million
• Millionaires: 51,800
• Centimillionaires ($100M+): 83
• Billionaires: 9
• Growth of millionaires (2014-2024): 9%

27. Mumbai

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

28. Shenzhen, China

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

29. Vancouver, Canada

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

30. Amsterdam

• Population: 1.2 million
• Millionaires: 46,100
• Centimillionaires ($100M+): 93
• Billionaires: 9
• Growth of millionaires (2014-2024): 32%

31. Boston

• Population: 639,000
• Millionaires: 45,000
• Centimillionaires ($100M+): 112
• Billionaires: 8
• Growth of millionaires (2014-2024): 40%

32. Miami

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

33. Madrid

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

34. Perth, Australia

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

35. Hangzhou, China

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

36. Austin, Texas

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

37. Vienna

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

38. Taipei

• Population: 2.8 million
• Millionaires: 31,400
• Centimillionaires ($100M+): 85
• Billionaires: 16
• Growth of millionaires (2014-2024): 60%

39. Delhi

• Population: 34.7 million
• Millionaires: 31,200
• Centimillionaires ($100M+): 125
• Billionaires: 16
• Growth of millionaires (2014-2024): 82%

40. Moscow

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

41. Washington, D.C.

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

42. Berlin

• Population: 3.6 million
• Millionaires: 28,400
• Centimillionaires ($100M+): 50
• Billionaires: 5
• Growth of Millionaires (2014-2024): 25%

43. Brisbane, Australia

• Population: 2.6 million
• Millionaires: 26,400
• Centimillionaires ($100M+): 39
• Billionaires: 4
• Growth of millionaires (2014-2024): 22%

44. Nice in Èze, France

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

45. Guangzhou, China

• Population: 14.9 million
• Millionaires: 24,300
• Centimillionaires ($100M+): 69
• Billionaires: 9
• Growth of Millionaires (2014-2024): 88%

46. Manchester & Trafford, United Kingdom

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

47. Stockholm

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

48. Tel Aviv & Herzliya, Israel

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

49. Dublin

• Population: 1.3 million
• Millionaires: 22,300
• Centimilionaires ($100M+): 43
• Billionaires: 5
• Millionaire Growth (2014-2024): 34%

50. Lisbon, Portugal

• Population: 3