Toronto was ranked of the wealthiest cities by millionaires

Toronto was ranked of the wealthiest cities by millionaires

Saturday, January 14, 2023

Our beautiful city Toronto continues to consistently rank high on several international best-of lists including this one, the top twenty richest cities based on the number of millionaires, centimillionaires, and billionaires residing in the city. 

Visual capitalist just released a list of the top 20 richest cities in the world and with a whopping 116,100 millionaires and 17 billionaires, Toronto was ranked 14th between Frankfurt, Germany and Zurich, Switzerland. Toronto is the only Canadian city to make the list.

“Toronto’s booming tech sector and red hot real estate market have helped push the city’s wealthy population to new heights” writes Visual Capitalist.

New York City took 1st place, with a staggering 345,600 millionaires and 59 billionaires. Followed by Tokyo, San Francisco, London, and Singapore in the top five slots.

Here’s the complete list:

  1. New York
  2. Tokyo
  3. San Fransico
  4. London
  5. Singapore
  6. Los Angeles
  7. Chicago
  8. Houston
  9. Beijing
  10. Shanghai
  11. Sydney
  12. Hong Kong
  13. Frankfurt
  14. Toronto
  15. Zurich 
  16. Seoul
  17. Melbourne 
  18. Dallas
  19. Geneva 
  20. Paris

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