New York is the wealthiest city in the world

As per the latest report by Henley & Partners, an investment migration consultancy, New York is the wealthiest city in the world.

The total private wealth held by the residents of New York exceeds $3 trillion.

Out of the ten wealthiest cities in the world, five are in America.

Here is the list of the top ten wealthiest cities in the world as per the number of high-net-worth individuals living in the respective cities:

1.New York (USA) No. of high net-worth individuals: 345,600

2.Tokyo (Japan) No. of high net-worth individuals: 304,900

3.San Francisco Bay Area, (USA) No. of high net-worth individuals: 276,400

4. London, (United Kingdom) No. of high net-worth individuals: 272,400

5. Singapore, (Singapore) No. of high net-worth individuals: 249,800

6. Los Angeles, (USA) No. of high net-worth individuals: 192,400

7.Chicago (USA) No. of high net-worth individuals: 160,100

8. Houston (USA) No. of high net-worth individuals: 132,600

9. Beijing, (China) No. of high net-worth individuals: 131,500

10. Shanghai, (China) No. of high net-worth individuals: 130,100