The presence of wealthy individuals in a city can have a significant impact on the local economy and community. While some may view them as a symbol of inequality, their investments, and contributions can create opportunities for growth and development.
As the world’s economy continues to develop, the number of millionaires has also increased over the years. With their wealth, these individuals can invest in businesses, properties, and other ventures, thus contributing to the growth of cities and economies worldwide.
The most recent research, which examines global patterns in the private wealth movement, lists high net-worth persons with a net worth of at least $1 million, centi-millionaires (those with a net worth of over $100 million), and dollar billionaires.