The 17 cities where the world's richest people want to live

Rich people with a net worth of $30 million or more love spending money on real estate, and they have favourite cities from New York to Geneva

London is the second most popular city (Rex)

Rich people love spending money on real estate, whether it's a loft in London or a mansion in Beverly Hills - or both.

Wealth-X, a firm that does research on ultra high net worth (UHNW) people, shared data with Business Insider on the residential addresses of people with a net worth of $30 million or more.

The firm found that 14,574 UHNW people own property — whether a primary home or a vacation spot - in New York, the most of any city in the world.

Below are the 17 cities where the world's richest people either live or own a vacation home.

17. Munich

Total UHNW population: 1,352

UHNW residents: 1,060

UHNW second homeowners: 292

16. Milan

Total UHNW population: 1,731

UHNW residents: 800

UHNW second homeowners: 931

15. Toronto

Total UHNW population: 2,021

UHNW residents: 1,760

UHNW second homeowners: 261

14. Geneva

(Getty Images for Global Schistos) (Getty)

Total UHNW population: 2,215

UHNW residents: 210

UHNW second homeowners: 2,005

13. Zurich

Total UHNW population: 2,553

UHNW residents: 1,900

UHNW second homeowners: 653

12. San Jose

Total UHNW population: 2,791

UHNW residents: 1,380

UHNW second homeowners: 1,411

11. Houston

Total UHNW population: 2,884

UHNW residents: 2,290

UHNW second homeowners: 594

10. Miami


 (Getty/iStockphoto)
 (Getty Images/iStockphoto)

Total UHNW population: 2,927

UHNW residents: 1,440

UHNW second homeowners: 1,487

9. Dallas

Total UHNW population: 2,968

UHNW residents: 2,330

UHNW second homeowners: 638

8. Chicago

Total UHNW population: 3,896

UHNW residents: 3,100

UHNW second homeowners: 796

7. Paris

Total UHNW population: 4,663

UHNW residents: 3,430

UHNW second homeowners: 1,233

6. San Francisco

Total UHNW population: 6,391

UHNW residents: 2,350

UHNW second homeowners: 4,041

5. Singapore

(iStock (iStock)

Total UHNW population: 7,953

UHNW residents: 2,180

UHNW second homeowners: 5,773

4. Hong Kong

Total UHNW population: 8,009

UHNW residents: 7,650

UHNW second homeowners: 359

3. Los Angeles

Total UHNW population: 8,272

UHNW residents: 4,590

UHNW second homeowners: 3,682

2. London

Total UHNW population: 9,301

UHNW residents: 3,134

UHNW second homeowners: 6,167

1. New York

(Getty (Getty)

Total UHNW population: 14,574

UHNW residents: 8,340

UHNW second homeowners: 6,234

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