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Sunday 21 September 2014

Millionaire central: Top ten cities with the richest residents

Published 24/07/2014 | 12:49

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This picture shows the view from of San Minato al Monte church in Florence on June 14, 2012. Princess Carolina of Bourbon Parma, the youngest daughter of Princess Irene of the Netherlands will marry Albert Brenninkmeijer in the San minato church on June 16.  AFP PHOTO / CLAUDIO GIOVANNINI        (Photo credit should read CLAUDIO GIOVANNINI/AFP/GettyImages)
This picture shows the view from of San Minato al Monte church in Florence
AMSTERDAM, NETHERLANDS - MAY 11:  Bikes are chained to a fence along a canal on May 11, 2009 in Amsterdam, Netherlands. The 750,000 people who live in Amsterdam own over 600,000 bicycles.  (Photo by Mark Dadswell/Getty Images)
Bikes are chained to a fence along a canal in Amsterdam, Netherlands
MONACO - JULY 03:  Apartment buildings crowd the La Condamine district above yachts moored in the port on July 3, 2011 in Monaco, Monaco. Monaco, a principality ruled by Prince Albert II of the Grimaldi dynasty, is a center of Europe's rich and elite.  (Photo by Sean Gallup/Getty Images)
Apartment buildings crowd the La Condamine district above yachts moored in the port in Monaco

According to a recent global study, Dublin has the 13th highest percentage of millionaire residents in the world at 2.4pc. but what are the top ten?

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10) Florence Just over 2.5pc of the population of Florence has assets worth more than $1m, according to a Wealth Insight study.

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9) Amsterdam It may be better known for its red light district and legalised cannabis, but Amsterdam's lifestyle has attracted enough millionaires to account for 2.6pc of population.

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8) Singapore  The first and only Asian city in the top ten, 2.8pc of Singapore's population are in the millionaire club.

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7) Oslo The first of a number of northern European cities listed in the top ten, Norway's capital boasts a population with 2.9pc millionaires.

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6) London Some 3.39pc of this city's population are wealthy millionaires. The Big Ben capital was pipped to the top post by four European cities and New York.

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5) Frankfurt Just making it into the top five with one millionaire for every 30 residents, Frankfurt hosts the European Central Bank and the German Federal Bank.

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4) New York The financial capital of the US, New York is the only American to make the top ten list with one millionaire for every 20 inhabitants.

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3) Geneva One in five inhabitants in this city is a millionaire - and sells the world's most expensive club sandwich at £19.46.

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2) Zurich This other Swiss entry has a population made up of 27pc millionaires and is one of the most expensive holiday destinations in the world.

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1) Monaco  With a staggering one in three residents a member of the club, it's no real surprise that Monaco  takes the top spot. Known for its Grand Prix and friendly taxes, the French Riviera has a long history as a hideaway for the rich and famous.

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