1. Wealth
September 20, 2016

A third of this city’s inhabitants are millionaires

By Zahra Al-Kateb

Want to hang out with millionaires? Move to Monaco.

Almost a third of the city state’s population now classify as millionaires, up 6% compared to two years ago, according to a new survey.

Swiss banking cities Zurich and Geneva trail behind the principality of Monaco, with one in four and one in five inhabitants being millionaires, Wealth Insight and Spear’s WMS said in the study.

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