Where do rich people live in 2026? The wealthiest cities, taxed

Where the rich actually live.

New York City is where the most rich people live, with 384,500 resident millionaires on the latest published count, then the Bay Area (342,400) and Tokyo (292,300). Each city is set against what it takes of $1,000,000 on the Patrician.ch board. Where the rich live and where they keep the most are rarely the same place.

In short, current to October 2026

The cities with the most resident millionaires are New York City (384,500), the Bay Area (342,400), Tokyo (292,300), Singapore (242,400) and Los Angeles (220,600), on the latest published count.
None of the 10 wealthiest cities taxes income at 0% on the model. Of the 8 on the board, the effective rate on $1M runs from 15% to 52%.
The most billionaires live in the Bay Area (82), New York City (66) and Los Angeles (45).
Fastest growing among the top 50 on the board, over 10 years: Dubai (+102%), the Bay Area (+98%), Miami (+94%) and Austin (+90%).
Concentration is the other measure. Monaco counts 192 residents worth $100M or more with 15,800 millionaires. Milan counts 182 with 115,000.
No 2026 edition of the city count had been published as of October 2026, so the 2025 edition is the latest. Its figures are as at December 2024.

Each address on this page was last checked against its official sources between 14 October 2026 and 30 October 2026. The sources for each are named on its page.

Source: the Patrician.ch board, an original ranking of 100 residence addresses across 47 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to October 2026. Updated 5 November 2026. Cite as: Patrician.ch, Where do rich people live in 2026? The wealthiest cities, taxed, patrician.ch/answers/where-do-rich-people-live/, October 2026.

The 50 wealthiest cities

Where the millionaires live.

Resident millionaires, residents worth $100M or more, and billionaires, with growth in the millionaire count over 10 years. The last column is the effective income tax on $1,000,000 for a single filer, on the Patrician.ch model.

#	City	Millionaires	$100M+	Billionaires	Growth, 10 years	Tax on $1M
1	New York City	384,500	818	66	+45%	43%
2	The Bay Area	342,400	756	82	+98%	42%
3	Tokyo	292,300	262	18	+4%	52%
4	Singapore	242,400	333	30	+62%	21%
5	Los Angeles	220,600	516	45	+35%	42%
6	London	215,700	352	33	−12%	43%
7	Paris	160,100	277	22	+5%	44%
8	Hong Kong	154,900	346	40	+3%	15%
9	Sydney	152,900	224	22	+28%	45%
10	Chicago	127,100	295	25	+24%	37%
11	Milan	115,000	182	17	+24%	45%
12	Beijing	114,300	316	38	+72%	42%
13	Osaka, Kyoto and Kobe	112,200	128	12	+20%	52%
14	Shanghai	110,500	293	35	+67%	42%
15	Toronto	108,400	184	20	+18%	51%
16	Melbourne	94,000	108	12	+36%	45%
17	Houston	81,800	210	16	+75%	32%
18	Dubai	81,200	237	20	+102%	0%
19	Frankfurt	80,300	132	13	+9%	45%
20	Zurich	77,800	180	10	+10%	36%
21	Dallas	72,400	135	16	+85%	32%
22	Geneva	70,200	215	14	+26%	40%
23	Munich	69,800	87	11	+17%	45%
24	Seoul	66,000	148	16	+17%	44%
25	Seattle	53,100	127	11	+48%	32%
26	Rome	51,800	83	9	+9%	46%
27	Mumbai	51,200	205	25	+69%	38%
28	Shenzhen	50,800	156	22	+142%	42%
29	Vancouver	46,400	90	11	+52%	50%
30	Amsterdam	46,100	93	9	+32%	47%
31	Boston	45,000	112	8	+40%	37%
32	Miami	38,800	180	17	+94%	32%
33	Madrid	34,900	72	8	+5%	43%
34	Perth	34,600	66	9	+32%	45%
35	Hangzhou	32,200	104	12	+108%	42%
36	Austin	32,000	90	10	+90%	32%
37	Vienna	31,500	74	7	+20%	48%
38	Taipei	31,400	85	16	+60%	37%
39	Delhi	31,200	125	16	+82%	38%
40	Moscow	30,000	178	23	−25%	20%
41	Washington DC	28,900	97	12	+92%	41%
42	Berlin	28,400	50	5	+25%	45%
43	Brisbane	26,400	39	4	+22%	45%
44	Nice	25,500	92	9	+18%	44%
45	Guangzhou	24,300	69	9	+88%	42%
46	Manchester	23,400	68	7	+7%	43%
47	Stockholm	23,100	60	11	+2%	49%
48	Tel Aviv	22,600	76	9	+25%	45%
49	Dublin	22,300	43	5	+34%	47%
50	Lisbon	22,200	45	4	+40%	48%

See these 2 places for your own income.New York and San Francisco, side by side on your income, passports and family. Free, in the ranking of all 100. Then the Dossier: a written report in 10 chapters on the 3 places that rank first for you. The Dossier is $500. The founding price, $250, holds until 30 November.

Compare them on my income →

Smaller places, deeper money.

Addresses on the board outside the top 50 by headcount, with their published figures.

#	City	Millionaires	$100M+	Billionaires	Growth, 10 years	Tax on $1M
·	Abu Dhabi	17,800	75	8	+80%	0%
·	Monaco	15,800	192	30	+58%	0%
·	Bangkok	10,200	45	10	+53%	33%

Where the $100M residents are.

Resort and regional hubs counted for residents worth $100M or more only. Where the count covers a region, the board address named sits inside it.

Counted as	$100M+ residents	Address on the board	Tax on $1M
Luxembourg City	70	Luxembourg	43%
Costa del Sol	62	Marbella	45%
The Algarve	55	Quinta do Lago	48%
Montecito and Santa Barbara	52	Montecito	42%
Zug (canton)	45	Zug	21%
Athens	42	Athens	43%
Lugano	40	Lugano	35%
Cannes and Antibes	35	Cannes	44%
Barcelona	28	Barcelona	48%
Naples, Florida	28	Naples	32%
Limassol	22	Limassol	34%
Saint-Tropez	14	Saint-Tropez	44%

Sources: Henley & Partners and New World Wealth, World’s Wealthiest Cities Report 2025 (resident millionaires with US$1M+ in liquid investable wealth, data as at December 2024, growth 2014 to 2024). Henley & Partners USA Wealth Report 2025 for Montecito. City figures are the publisher's estimates, rounded to the nearest 100 for millionaires. Zurich and Geneva are canton figures, the Bay Area is shown against San Francisco, Nice against the Nice to Èze count, and Tel Aviv against Tel Aviv and Herzliya. Cities outside the board carry their own published scale on the same single filer basis: Tax Foundation, 2026 state income tax rates, plus the US federal scale · PwC Worldwide Tax Summaries, taxes on personal income (fetched 27 Sep 2026) · Canada Revenue Agency, 2026 federal and provincial rates · Russian Tax Code as amended by Federal Law 176-FZ (2025 scale) · Skatteverket, 2026 municipal and regional tax rates and the 2026 state income tax threshold · PwC Worldwide Tax Summaries (Irish income tax bands, fetched 27 Sep 2026) and the Finance Act 2025, section 2 (the 2026 Universal Social Charge bands). Los Angeles pays the same income tax as Beverly Hills. Osaka pays the same income tax as Tokyo. Melbourne, Perth and Brisbane pay the same income tax as Sydney. Frankfurt and Berlin pay the same income tax as Munich. Manchester pays the same income tax as London, so each carries that figure.

By region: the richest cities in Europe · the richest cities in the US · the richest cities in Asia and the Pacific.

Where they are moving next: where millionaires are moving. Where the same money keeps the most: where high earners should live. Where the board scores safety highest: the safest places for the wealthy to live.

Rank all 100 on my own numbers →

Questions

The short answers.

Where do rich people live?

Mostly in New York City, the Bay Area, Tokyo, Singapore, Los Angeles and London, the 6 cities with the most resident millionaires on the latest published count.

New York City leads with 384,500. The full top 50, with what each takes of $1M, is in the table above.

Which city has the most millionaires?

New York City, with 384,500 resident millionaires, 818 residents worth $100M or more and 66 billionaires.

The Bay Area follows with 342,400.

Where do billionaires live?

The Bay Area has the most, 82, followed by New York City (66), Los Angeles (45) and Hong Kong (40).

Where a billionaire keeps the most is a different list: the addresses that tax neither income, gains, wealth nor heirs.

Where do high earners live?

In the same cities that hold the most millionaires, led by New York City, the Bay Area and Tokyo.

On $1M of income, New York City takes 43%, the Bay Area takes 42% and Tokyo takes 52%. Where a high earner keeps the most is ranked on where high earners should live.

Which wealthy cities have no income tax?

Among the cities with a published millionaire count, Abu Dhabi, Monaco and Dubai tax a mover's income at 0% on the model.

The full list of 0% addresses is on countries with no income tax.

Where do rich people live in the US?

In New York City (384,500 millionaires), the Bay Area (342,400) and Los Angeles (220,600), the 3 US cities with the most resident millionaires on the latest published count.

On $1M of income, New York City takes 43% and the Bay Area takes 42%. All 11, ranked: the richest cities in the US.

Where do rich people live in Europe?

In London (215,700 millionaires), Paris (160,100) and Milan (115,000), the 3 European cities with the most resident millionaires on the latest published count.

On $1M of income, London takes 43%, Paris takes 44% and Milan takes 45%. All 19, ranked: the richest cities in Europe.

Which 10 cities have the most billionaires?

Of the 50 wealthiest cities on the latest published count: the Bay Area (82), New York City (66), Los Angeles (45), Hong Kong (40), Beijing (38), Shanghai (35), London (33), Singapore (30), Chicago (25) and Mumbai (25).

Which cities are gaining millionaires fastest?

Among the top 50 on the board, Dubai (+102%), the Bay Area (+98%) and Miami (+94%) over the 10 years to 2024.

London was the only city in the top 10 to shrink, −12%.

The Dossier: your top 3, on your numbers.A written report on the 3 places that rank first for you, compared line by line on your income, a sale, your passports and your family. 10 chapters, written the moment you pay. Every tax figure carries its official source and the date it was last checked. The Dossier is $500. The founding price, $250, holds until 30 November. Refunded in full within 7 days of delivery, no reason needed.

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Put these figures on your site.

The income tax of New York, San Francisco, Tokyo, Singapore, London and Paris, side by side on 2026 rates. Your readers type their own salary and the places reorder. Free on any site, with the credit line under it.

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Where the rich actually live.