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The world's top 20 cities for millennial millionaires

A study from GlobalData WealthInsight identifies the top cities for millionaires under 35.

 

Millennial millionaire boom 

The world is changing and a rapid pace, with the rise of China and India and technological innovation among the factors fuelling this transformation. 

Against this backdrop, the density and demographic of millionaires is changing. 

Verdict, in association with GlobalData WealthInsight, has been investigating and compiled a list of the top 20 places where millionaires under 35 - so-called millennial millionaires – reside.

 

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Millennial millionaire boom 

The world is changing and a rapid pace, with the rise of China and India and technological innovation among the factors fuelling this transformation. 

Against this backdrop, the density and demographic of millionaires is changing. 

Verdict, in association with GlobalData WealthInsight, has been investigating and compiled a list of the top 20 places where millionaires under 35 - so-called millennial millionaires – reside.

 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

20. Houston

Country: US

Number of millennial millionaires: 1,723

Ranking for total number of millionaires: 16th

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19. San Diego

Country: US

Number of millennial millionaires: 1,967

Ranking for total number of millionaires: n/a

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18. San Francisco

Country: US

Number of millennial millionaires: 2,049

Ranking for total number of millionaires: n/a

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17. Phoenix

Country: US

Number of millennial millionaires: 2,137

Ranking for total number of millionaires: n/a

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16. Singapore

Country: Singapore

Number of millennial millionaires: 2,193

Ranking for total number of millionaires: 10th

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15. Sydney

Country: Australia

Number of millennial millionaires: 2,248

Ranking for total number of millionaires:

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14: Toronto

Country: Canada

Number of millennial millionaires: 2,557

Ranking for total number of millionaires: 14th

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13. Barcelona

Country: Spain

Number of millennial millionaires: 2,752

Ranking for total number of millionaires: n/a

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12. Berlin

Country: Germany

Number of millennial millionaires: 2,898

Ranking for total number of millionaires: n/a

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11. Riyadh

Country: Saudi Arabia

Number of millennial millionaires: 3,465

Ranking for total number of millionaires: n/a

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10. Moscow

Country: Russia

Number of millennial millionaires: 3,743

Ranking for total number of millionaires: n/a

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9. San Jose

Country: US

Number of millennial millionaires: 5,001

Ranking for total number of millionaires: n/a

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8. Hong Kong

Country: China

Number of millennial millionaires: 5,573

Ranking for total number of millionaires: 7th

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7. Mumbai

Country: India

Number of millennial millionaires: 5,889

Ranking for total number of millionaires: 17th

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6. Rome

Country: Italy

Number of millennial millionaires: 5,906

Ranking for total number of millionaires: n/a

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5. Paris

Country: French

Number of millennial millionaires: 5,920

Ranking for total number of millionaires: 6th

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4. Shanghai

Country: China

Number of millennial millionaires: 6,111

Ranking for total number of millionaires: 9th

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3. London

Country: UK

Number of millennial millionaires: 19,750

Ranking for total number of millionaires: 3rd

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2. New York

Country: US

Number of millennial millionaires: 19,966

Ranking for total number of millionaires: 2nd

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1. Los Angeles

Country: US

Number of millennial millionaires: 25,249

Ranking for total number of millionaires: 13th

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