“London is the home to more multimillionaires, 4,296, than anywhere else in the world, but is facing tough competition from Hong Kong, 2,560, and Singapore, 3,154, to keep that title, according to a new study, writes MarketWatch.  The WealthInsight Intelligence Center Database, which tracks wealth and liquidity events, found Singapore and Hong Kong have the fastest growth rate for multimillionaires and could overtake London by 2020 if the trend continues.   The report defines a multimillionaire as someone with $30 million or more.”

http://www.economicpolicyjournal.com/2013/07/top-ten-cities-with-most-multi.html

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