They put out a list of cities around the world with the most millionaires. (They define a millionaire as someone with at least $1,000,000 in assets).
Guess what?! Houston ranked #2 in the United States as the second-highest city in the U.S. for millionaire density (the only city with more was New York City, in the U.S.).
They mentioned that 2.09% of Houston's population is a millionaire!
On the worldwide list, Monaco came in #1 (can you believe 29.21% of the residents there are millionaires?!)
Zurich came in #2, Geneva at #3, and New York at #4. After Houston at #18, was San Francisco at #19. Interestingly, Los Angeles and Dallas were not in the top 20.
Here's the article: http://www.chron.com/jobs/article/Houston-s-percentage-of-millionaires-ranks-among-5644628.php
Here's the list. Cities with the most millionaires (% of the population that are millionaires).
1. Monaco (29.21%)
2. Zurich (27.34%)
3. Geneva (17.92%)
4. New York (4.63%) \
5. Frankfurt (3.88%)
6. London (3.39%)
7. Oslo (2.90%)
8. Singapore (2.80%)
9. Amsterdam (2.63%)
10. Florence (2.59%)
11. Hong Kong (2.58%)
12. Rome (2.54%)
13. Dublin (2.40%)
14. Doha (2.31%)
15. Toronto (2.29%)
16. Venice (2.25%)
17. Brussels (2.11%)
18. Houston (2.09%)
19. San Francisco (2.07%)
20. Paris (2.04%)
Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®