KUALA LUMPUR, Dec 9 — Malaysia’s largest city Kuala Lumpur has the highest number of millionaires (denominated in US dollars)  surpassing all other cities of the world, according to a report by international wealth research group WealthInsight.

More than a quarter of a million Londoners are dollar millionaires, even when you exclude the value of their homes – making the capital the third most popular city in the world for high earners.

One in 25 New Yorkers is a millionaire according to a study, which ranked the Big Apple fourth in the top 20 global cities for high earners. Millionaires are defined as individuals with more than $1 million in net assets, excluding a primary residence.

Walk down the street in New York and you’re virtually guaranteed to see several millionaires.