10 American Cities with the Most Millionaires
02. Los Angeles — 235,800, +13.3%
03. Chicago — 198,100, +15.1%
04. Washington, D.C. — 152,400 +19.3%
05. San Francisco — 138,300 +14.5%
06. Philadelphia — 104,100, +20.1%
07. Boston — 102,300, + 14.4%
08. Detroit — 89,100, +12.1%
09. Houston — 88,200, +28.9%
10. San Jose — 86,500, +24.5%
Posted: 22 Oct 2010 07:05 AM PDT
New York’s millionaire population has now surpassed the boom times of 2007. According to the new Metro Wealth Index, created by consulting firm Capgemini, the New York Metropolitan area had 650,000 high-net worth individuals, or people with $1 million or more in investible assets in 2009. That is 18.7% higher than in 2008. More after the break...
Once again, the New York area topped the list of metro-area wealth centers. Its total was greater than the combined total of the next three runners up — Los Angeles, Chicago, and Washington. Of the top 10, Houston posted the the fastest growth, at 28.9%. But all enjoyed strong growth. Here are the tallies of millionaires for the top 10, along with the percentage growth:
01. New York — 667,200, +18.7%
02. Los Angeles — 235,800, +13.3%
03. Chicago — 198,100, +15.1%
04. Washington, D.C. — 152,400 +19.3%
05. San Francisco — 138,300 +14.5%
06. Philadelphia — 104,100, +20.1%
07. Boston — 102,300, + 14.4%
08. Detroit — 89,100, +12.1%
09. Houston — 88,200, +28.9%
10. San Jose — 86,500, +24.5%
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