What is the highest income city in the world?
New York City boasts the highest income among global cities. Home to 340,000 millionaires and 58 billionaires, its concentration of high-net-worth individuals makes it the worlds wealthiest metropolitan area. Despite a pandemic-related exodus, its millionaire population grew 40% between 2012 and 2022.
Wow, New York City, right? Richest city in the world? Kind of makes you think, huh? I mean, 340,000 millionaires? That’s… mind-boggling. And 58 billionaires, just casually strolling around Central Park. I saw an article somewhere – maybe it was Bloomberg? – that talked about how it’s the wealthiest metro area globally. It’s just crazy to think about. You know, even with everyone talking about people leaving during the pandemic – and I do know a couple who moved upstate, actually – the number of millionaires still grew by, like, 40% between 2012 and 2022. Forty percent! Where does all that money even come from? I mean, good for them, I guess. Just makes you wonder about the income disparity and all that, you know?
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