In Ile-de-France, one in 74 inhabitants is a millionaire, according to a study which places Paris and its region in 7th place among the “richest cities”

The study, carried out by a consulting firm based in Switzerland, does not specify how these wealthy residents are distributed between the capital and the seven other departments.

The chances of winning the lottery are slim, but the chances of meeting a millionaire in Paris are much greater. According to a ranking of “50 richest cities in the world” published Tuesday May 7 by the consulting firm Henley & Partners, Ile-de-France is home to 165,000 millionaires, or one person in 74, comparing this figure to the total population of the region. The study does not, however, specify how these wealthy inhabitants are distributed between these eight departments, which include Paris, Hauts-de-Seine, Essonne, Val d’Oise or even Seine-Saint-Denis. Between 2013 and 2023, the number of Ile-de-France millionaires increased by 13%, according to this study.

First city in the ranking in terms of number of millionaires, New York (east coast of the United States) saw this particularly wealthy population increase by 48%, to represent one in 24 New Yorkers in 2023. It is closely followed by the Bay Area region. (west coast of the United States), which is home to the city of San Francisco and especially Silicon Valley, the cradle of new technology giants. With 305,700 millionaires (one in 25 people), it shows an increase of 82% in 10 years.

Conversely, Tokyo, Japan, recorded a 5% drop over 10 years in its number of millionaires and finished on the last step of the podium.

Chinese cities are getting richer, Moscow and London are losing the super rich

Of the 50 cities listed by Henley & Partners, 11 are in the United States. But China has progressed spectacularly over the past 10 years, with no less than five cities in the rankings, three of which are credited with triple-digit growth in its number of super-rich: Shenzehn (140%, 27th in the ranking) , Hangzhou (125%, 36th) and Guangzhou (110%, 46th).

France has two urban areas represented, since the consulting company placed in 44th place a group of cities extending from Nice to Ezes (Nice, Èze, Beaulieu-sur-Mer, Saint-Jean-Cap- Ferrat and Villefranche-sur-Mer), with 26,300 billionaires.

The big losers in this ranking are London (United Kingdom), which still occupies 5th place (-10% between 2013 and 2023) and Moscow (38th), in Russia, whose number of millionaires fell by 24%. in 10 years.

To establish this ranking, Henley & Partners, a firm based in Switzerland, used data provided by the wealth research company New World Wealth, based in South Africa. To determine an individual’s wealth, the consultancy takes into account holdings of listed companies, cash holdings and debt-free residential real estate holdings.