Toronto ranked as one of the wealthiest cities by millionaires

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Toronto ranked as one of the wealthiest cities by millionaires Toronto Wealth

. Now, Canada's biggest city was also named one of the world's wealthiest, surpassing Dallas, Geneva, and Paris.of the top twenty richest cities based on the number of millionaires, centimillionaires, and billionaires residing in the city.

With a whopping 116,100 millionaires and 17 billionaires, Toronto ranked 14th between Frankfurt, Germany and Zurich, Switzerland. Toronto is the only Canadian city to make the list. Visual Capitalist writes, “Toronto’s booming tech sector and red hot real estate market have helped push the city’s wealthy population to new heights.”

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

 

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Yes because the Rich get Richer.

Should be top in 10. Could easily be in top 10 with better leadership & ambitious business model. The aesthetics of Toronto needs work too. Too concrete. Too grey. Beautiful urban realm lacking compared w the best cities who have great downtown parks, beautiful public spaces.

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