Millionaire density is measured as the percentage of the resident population with assets - not including the value of their first home - of over $1 million. That said, the “effect is yet to materialize” in terms of millionaire density, the authors of this survey posited. Having witnessed some marked declines in 2017, many of the cities in the survey’s Top 20 have returned to millionaire density growth. And, leading that growth is Monaco, scene of today’s Formula One grand prix, which recorded the biggest percentage point increase of 1.5. The ‘Big Apple’ came between Frankfurt on 9th with 1/43 density (down one spot) and Toronto (unchanged on a 1/50 density).

Source: Forbes May 27, 2018 18:11 UTC