In Paris and the Île-de-France region, one out of every 74 residents is a millionaire

The City of Light attracts anyone eager for charming neighborhoods, cultural gems, and good little restaurants, as well as a fair share of millionaires. In this new 2024 ranking published by the consulting firm Henley & Partners, Paris and the Île-de-France region rise to the 7th position of cities with the most wealthy inhabitants, with 165,000 resident millionaires.

New York takes first place

Henley & Partners clarifies that a "millionaire" is a "individual with liquid assets that can be invested of one million dollars or more". With this definition and its data, the consulting firm has established that one in 74 residents in Paris and Île-de-France is a millionaire. A nice increase of 12% in 10 years!

In our World’s Wealthiest Cities Report 2024 Dr. Juerg Steffen, Chief Executive Officer of Henley & Partners, talks about how millionaires are navigating the world’s wealth capitals.#worldswealthiestcitiesreport #wealthiestcities #henleyglobal https://t.co/6ic2sOUHIm
— Henley & Partners (@HenleyPartners) May 8, 2024

At the top of the list, we find New York with a whopping 349,500 millionaires for every 8.26 inhabitants in 2023. A crazy increase of 48% in 10 years for the Big Apple! The American city is closely followed by The Bay Area in the San Francisco region, Tokyo, Singapore, London, Los Angeles, and then Paris.

You can find the complete ranking right here.