The city with the most millionaires living in it is Tokyo, Japan, according to 2012 estimates by WealthInsight. Tokoyo has more than 460,000 people with net assets of $1 million US Dollars (USD) or more, excluding their primary homes. One factor is thought to be that Japan has a higher population concentration in Tokyo, whereas other countries’ millionaire populations tend to be spread amongst more cities. New York is the US city with the most millionaires — more than 389,000, which ranks second in the world. The city with the highest percentage of people who are millionaires is Frankfurt, Germany, which has about 75 millionaires per 1,000 people.
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