Walk down the street in New York and you’re virtually guaranteed to see several millionaires.
That’s because more than 1 in every 25 New Yorkers is a millionaire, according to a study released Tuesday.
The Big Apple ranks fourth in a listing of the top 20 global cities based on the portion of their populations whose net worth, excluding primary residence, tops $1 million.
Altogether, 4.63 percent of New Yorkers, or 389,100 people, are millionaires, according to the analysis by Spear’s magazine and consulting firm WealthInsight.