Main | Friday, October 21, 2011

New York City: Fat Cat Headquarters

New York City is home to more of the "super-wealthy" than any other city.
The city is jam-packed with "ultra-high net worth individuals" - superrich folks worth $30 million or more - according to a new report from Wealth-X, a global wealth intelligence company. There are 7,720 mega-rich people in the city area, the most in the U.S. and a whopping 44% more than distant runnerup Los Angeles, which has 4,350 ultra-high net-worth residents, Wealth-X report said. San Francisco is third with 4,230 and Chicago (2,550) and Washington (2,250) round out the top five. Overall, the U.S. has 57,860 ultra-high net-worth citizens, with 13% of them calling New York home. By comparison, the city only makes up about 6% of the total U.S. population.
The city with the highest average salary is Washington DC.

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