Cities where millionaire numbers are growing the fastest: report

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Cities where millionaire numbers are growing the fastest: report
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These are the 10 cities worldwide where the number of millionaires is rising the fastest. 3 American cities made the list.

, is around 700 miles from Beijing and 100 miles from Shanghai.

Austin, meanwhile, is the highest-ranking US city on Henley & Partners' list, coming second. Like Hangzhou, the number of millionaire residents in the Texan capital has more than doubled over the last decade. Many businesses and workersbecause of the rise in remote work, coupled with Texas' low taxes.

New York City, meanwhile, has the most residents worth $1 million or more, at around 340,000, per Henley & Partners' report. It's followed by Tokyo, the San Francisco Bay Area, London, and Singapore. Solely in terms of billionaires, the Bay Area tops the list, with 63 people worth more than $1 billion, closely followed by New York City at 58.Subscribe to push notifications

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