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HOW CALIFORNIA FOUR DIFFERENT THE STORY OF CHART:


INVESTMENT CANNABIS: A STYLES USED CANNABIS: AMAZON’S
GOALS VARY BY GOLDEN FOR TRADING WHAT DOMINANCE IN
COUNTRY AND OPPORTUNITY STOCKS INVESTORS NEED ECOMMERCE

Visualizing the Global Millionaire


AGE WITH UNIQUE TO KNOW
CHALLENGES

Population
TECHNOLOGY

JEFF DESJARDINS on January 4, 2018 at 1:02 am


THE APPS HOW TECH IS VISUALIZING THE CHART: IMAGINING THE
WINNING THE CHANGING HOW SOCIAL MEDIA AMAZON’S FUTURE OF
BATTLE FOR OUR HEALTHCARE UNIVERSE IN DOMINANCE IN DESIGN AND
ATTENTION MUST 2018 ECOMMERCE COLLABORATION
COMMUNICATE
WITH PATIENTS

ENERGY

THE BASE METAL VISUALIZING U.S. COPPER: THE SAFEST VISUALIZING


BOOM: THE ENERGY DRIVING THE SOURCE OF ELON MUSK’S
START OF A NEW CONSUMPTION GREEN ENERGY ENERGY WILL VISION FOR THE
BULL MARKET? IN ONE CHART REVOLUTION SURPRISE YOU FUTURE OF
TESLA

MINING

GREEN

NORTH THE HUMAN THE STORY OF VISUALIZING THE BASE METAL


AMERICA’S IMPACT ON THE CANNABIS: WHAT THE BOOM: THE
DEVASTATING WORLD’S WHAT WORLD THINKS START OF A NEW
WILDFIRES, FORESTS INVESTORS NEED ABOUT WASTE BULL MARKET?
VIEWED FROM TO KNOW
SPACE

MONEY
INTERACTIVE: HOW VISUALIZING U.S. WARREN VISUALIZING
U.S. COUNTIES FINANCIALLY MILLIONAIRES BY BUFFETT’S HOW THE 50
BY HOUSEHOLD LITERATE ARE STATE OF BIGGEST WINS & LARGEST U.S.
INCOME YOU WITH RESIDENCE FAILS COMPANIES ARE
INVESTING? CONNECTED

POLITICS

CALIFORNIA THE OFFICIAL DOES AMERICA WHAT DID A SHORT


CANNABIS: A AND VIEW ITS TRADE WORLD LEADERS HISTORY OF U.S.
GOLDEN CEREMONIAL RELATIONSHIPS STUDY AT TRADE WARS
OPPORTUNITY VEHICLES OF AS FAIR? SCHOOL?
WITH UNIQUE WORLD LEADERS
CHALLENGES

Visualizing the Global


SPONSORED INFOGRAPHICS

Millionaire Population
A LOOK AT WEALTH BY REGION, FORTUNE
SIZE, AND CITY
The Chart of the Week is a weekly Visual Capitalist feature on Fridays.

When we think of the term “millionaire”, it’s only natural for our thoughts to be
skewed towards the famous business magnates that have amassed giant
fortunes, like Jeff Bezos, Elon Musk, or Warren Buffett. THE MONEY PROJECT
However, the reality is that those types of ultra high net worth individuals
(UHNWIs) with fortunes above $30 million are a fairly rare commodity – and
when it’s all said and done, they make up a very tiny percentage of the
millionaire population as a whole.

Fortune Size Number (Globally) % of Millionaire Population

$30+ mm 160,000 1.0%

$5mm - $30mm 1,500,000 9.1%


Fortune Size Number (Globally) % of Millionaire Population

$1mm - $5mm 14,860,000 90.0%

The vast majority of millionaires (90.0%) globally have fortunes between $1


million and $5 million, and you’re probably not going to nd many of them
with a sprawling mansion or a new Rolls Royce in the garage.

In fact, most millionaires drive a Ford.

LOCAL MILLIONAIRES
So where will you nd all of the world’s millionaires?

They are most likely to be found in big cities – places where they can use and
display their wealth. These are also the places where big opportunities tend
to be found, so it’s no surprise to see millionaires cluster in world-class cities
like New York, Hong Kong, London, Tokyo, or Singapore.

Regions below are sorted by the total millionaires in each city. Data comes from
the Knight Frank 2017 report.

TOP CITIES IN ASIA

Rank (Asia) City Country # of Millionaires

#1 Tokyo Japan 279,800

#2 Hong Kong Hong Kong 227,900

#3 Singapore Singapore 217,300

#4 Beijing China 122,100

#5 Osaka Japan 117,700

#6 Shanghai China 117,600

#7 Seoul South Korea 108,100

#8 Taipei Taiwan 76,700

#9 Mumbai India 46,100

#10 Shenzhen China 31,400

Tokyo, Hong Kong, and Singapore are the undisputed millionaire population
capitals in Asia, but mainland China is coming up quick from behind.
In just the last 10 years, China has upped its millionaire count by 281% to
719,400 in total – and Beijing (with 122,100 millionaires) now cracks the top
ve list in Asia.

TOP CITIES IN OCEANIA

Rank (Oceania) City City # of Millionaires

#1 Sydney Australia 106,800

#2 Melbourne Australia 74,800

#3 Auckland New Zealand 25,600

Australia’s millionaire count has soared 85% over the last 10 years, thanks in
part to red-hot property prices.

TOP CITIES IN EUROPE

Rank (Europe) City Country # of Millionaires

#1 London UK 357,200

#2 Frankfurt Germany 128,300

#3 Paris France 110,900

#4 Zurich Switzerland 109,200

#5 Geneva Switzerland 104,300

#6 Munich Germany 78,900

#7 Moscow Russia 68,200

#8 Rome Italy 64,300

#9 Amsterdam Netherlands 42,600

#10 Brussels Belgium 34,700

London is the millionaire capital for the world, with 357,200 of them.

Despite its relatively small size in comparison to the European heavyweights,


Switzerland also has two cities in the top ve: Geneva and Zurich.

TOP CITIES IN THE MIDDLE EAST

Rank (Middle East) City Country # of Millionaires


Rank (Middle East) City Country # of Millionaires

#1 Dubai UAE 50,400

#2 Tel Aviv Israel 35,200

#3 Istanbul Turkey 27,300

#4 Doha Qatar 25,800

#5 Abu Dhabi UAE 17,100

#6 Riyadh Saudi Arabia 16,200

#7 Tehran Iran 14,000

#8 Jerusalem Israel 13,100

Not surprisingly, Dubai is the biggest destination for the ultra-rich to ock to
in the Middle East.

TOP CITIES IN LATIN AMERICA

Rank (Latin America) City Country # of Millionaires

#1 Mexico City Mexico 86,700

#2 São Paulo Brazil 64,500

#3 Rio de Janeiro Brazil 35,300

#4 Buenos Aires Argentina 15,400

#5 Bogota Colombia 14,900

#6 Santiago Chile 10,800

Mexico City, and then the two big ones in Brazil (São Paulo and Rio), are
where millionaires congregate in Latin America.

TOP CITIES IN NORTH AMERICA

Rank (North America) City Country # of Millionaires

#1 New York City USA 339,200

#2 Bay Area USA 180,300

#3 Los Angeles USA 173,300


Rank (North America) City Country # of Millionaires

#4 Toronto Canada 109,300

#5 Miami USA 31,600

#6 Washington D.C. USA 31,200

#7 Vancouver Canada 31,100

The U.S. has 4.3 million millionaires, and they are widely dispersed through
the country.

The Knight Frank 2017 report lists ve cities: NYC, Washington, D.C., San
Francisco (incl. Bay Area), Los Angeles, and Miami – all of which, according to
their calculations, have more than 30k millionaires.

Canada’s Toronto also has broken the six-digit barrier with over 100,000
millionaires. That puts the Big Smoke in pretty unique company, as only 17
cities globally can make such a claim.

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CATEGORIES CHART OF THE WEEK MONEY REAL ESTATE


TAGGED KNIGHT FRANK LONDON MILLIONAIRES RICH UHNWI

JEFF DESJARDINS
Jeff is the Editor-in-Chief of Visual Capitalist, a media site that creates and curates visuals on business
and investing. He has been quoted or featured on Business Insider, Forbes, CNBC, MarketWatch, The
Huf ngton Post, The World Economic Forum, and Fast Company.
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simonrbone • 8 months ago


I think you've forgotten all the offshore jurisdictions!
8△ ▽ • Reply • Share ›

Boo • 8 months ago


In places like Singapore, Hong Kong, Toronto and Vancouver, a millionaire is basically a
middle-class home-owner, no? Arguably a meaningful metric covering non-middle-class people
would have to ignore the first five million.
1△ ▽ • Reply • Share ›

Josh Barnes > Boo • 7 months ago


If there is a fat mortgage on a property, the owner is not a millionaire. There are over 3
million people living in Toronto but the stats presented here say there are only 104k
millionaires in the city.
△ ▽ • Reply • Share ›

Alex Mercer • 4 months ago


Interesting. Basically the most important cities of each country.
△ ▽ • Reply • Share ›

juandiegoles • 7 months ago


The representation on the map is a bit off, for instance Moscow has 68k and Sao Paulo 65K
and the difference is huge, Moscow is even bigger than Mexico and Los Angeles
△ ▽ • Reply • Share ›

Donaldo Mitsunori Dagnone > juandiegoles • 7 months ago


São Paulo is larger than Moscow.
△ ▽ • Reply • Share ›

Omejtil • 8 months ago


Germany's millionaires prefer Munich and Frankfurt over the nation's capital.
No need to choose an east-located city with Rot-Rot-Grün gov't. Berlin as a whole is too much
hippie and leftist.
△ ▽ • Reply • Share ›

Josh Barnes > Omejtil • 7 months ago


Hippie's are the best
△ ▽ • Reply • Share ›
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