Nearly a fifth of the world’s richest people live in just 10 cities worldwide, according to recent data from wealth intelligence platform Altrata.<\/p>\n
The city with the most ultra-wealthy people \u2014 those with a net worth above $30 million \u2014 by a large margin: New York. It’s home to 21,380 such residents, up 23% from 2024, according to the report, which contains data through June and was published on September 30. The report didn’t specify whether that increase comes from ultra-wealthy people moving to New York, extant residents joining the ranks of the ultra-wealthy or both.<\/p>\n
New York is one of the world’s biggest financial hubs, meaning it may be close to work for many of the ultra-wealthy. Banking and finance is the most popular industry to work in for affluent people across all generations, according to the report.<\/p>\n
Hong Kong, the city in the No. 2 spot, also has a growing population of ultra-wealthy people: approximately 17,215, up nearly 23% in the first six months of 2025, the report found. Like New York, Hong Kong has a booming finance industry. IPO valuations on the Hong Kong Stock Exchange jumped roughly eight times in the first half of 2025, up to $14 billion<\/a>, according to a July <\/strong>CNBC report of data from financial markets platform Dealogic.<\/p>\n DON’T MISS:\u00a0<\/strong>The ultimate guide to using AI to communicate better<\/strong><\/a><\/p>\n Beyond other global financial hubs Tokyo and London, the rest of Altrata’s list exclusively features cities in the United States. That’s not particularly surprising: The U.S. is home to more than three times as many ultra-rich people as the next-closest country, China, said the report.<\/p>\n The ultra-wealthy hold an outsized proportion of wealth compared to their some of their peers: People with a net worth of more than $30 million make up 1% of the global millionaire population, but hold nearly a third of their overall combined wealth, Altrata found.<\/p>\n The population of ultra-wealthy is growing, too, the report said. At the time of its publishing, an estimated 510,810 people in the world had a net worth of more than $30 million. That number could rise to nearly 677,000 by 2030, Altrata projected.<\/p>\n Here are the report’s top 10 cities with the highest populations of ultra-wealthy people:<\/p>\n 1.\u00a0New York<\/strong><\/p>\n Number of ultra-wealthy people: 21,380<\/p>\n Percentage increase from previous 12 months: 23.4%<\/p>\n \u00a02.\u00a0Hong Kong\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/p>\n Number of ultra-wealthy people: 17,215<\/p>\n Percentage increase from previous 12 months: 11.5%<\/p>\n 3.\u00a0Los Angeles<\/strong><\/p>\n Number of ultra-wealthy people: 11,680<\/p>\n Percent increase from previous 12 months: 24%<\/p>\n 4. San Francisco<\/strong><\/p>\n Number of ultra-wealthy people: 8,270<\/p>\n Percent increase from previous 12 months: 24.9%<\/p>\n 5. Chicago<\/strong><\/p>\n Number of ultra-wealthy people: 7,530<\/p>\n Percent increase from previous 12 months: 21.7%<\/p>\n 6. Tokyo<\/strong><\/p>\n Number of ultra-wealthy people: 6,940<\/p>\n Percent increase from previous 12 months: 8.4%<\/p>\n 7.\u00a0London<\/strong><\/p>\n Number of ultra-wealthy people: 6,660<\/p>\n Percent increase from previous 12 months: 9.7%<\/p>\n 8. Dallas<\/strong><\/p>\n Number of ultra-wealthy people: 6,530<\/p>\n Percent increase from previous 12 months: 23%<\/p>\n 9. Washington, D.C.<\/strong><\/p>\n Number of ultra-wealthy people: 6,460<\/p>\n Percent increase from previous 12 months: 23.6%<\/p>\n 10. Houston<\/strong><\/p>\n Number of ultra-wealthy people: 5,900<\/p>\n Percent increase from previous 12 months: 22.0%<\/p>\n Want to level up your AI skills?<\/strong>\u00a0Sign up for Smarter by CNBC Make It’s new online course,\u00a0How To Use AI To Communicate Better At Work<\/a>. Get specific prompts to optimize emails, memos and presentations for tone, context and audience. Sign up today with coupon code EARLYBIRD for an introductory discount of 20% off. Offer valid Oct. 21 through Oct. 28, 2025.<\/p>\n Plus, sign up for CNBC Make It’s newsletter<\/a> to get tips and tricks for success at work, with money and in life, and request to join our exclusive community on LinkedIn<\/a> to connect with experts and peers.<\/p>\n","protected":false},"excerpt":{"rendered":"Nearly a fifth of the world’s richest people live in just 10 cities worldwide, according to recent data…\n","protected":false},"author":2,"featured_media":139666,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,179,18,19,17,1370,968,1605,384],"class_list":{"0":"post-139665","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-eire","11":"tag-ie","12":"tag-ireland","13":"tag-los-angeles","14":"tag-new-york","15":"tag-san-francisco","16":"tag-united-states"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115421420172602868","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/139665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=139665"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/139665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/139666"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=139665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=139665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=139665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}