Around 1 in 24 New Yorkers Is a Millionaire

New York City is home to more millionaires than any other city globally, with approximately 349,500 residents holding $1 million or more in liquid assets, making up about 1 in 24 New Yorkers. This statistic comes from Henley and Partners, which also notes that NYC has 744 centi-millionaires and 60 billionaires. The city leads the global ranking, surpassing the Bay Area and Tokyo, which hold the second and third spots respectively.