This American city has more billionaires than any other city in the world

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New York is beloved by the 1%.

Billionaires feel at home in the Big Apple.

New York has the largest billionaire population globally (105 individuals), followed by Hong Kong (87), San Francisco (75), Moscow (70), London (65) and Beijing (55). To put that in context, San Francisco has over 860,000 residents. New York has over 8.6 million.

That’s according to data released Thursday by global wealth consultancy Wealth-X. San Francisco has more billionaires per inhabitant in the world — with one billionaire for approximately every 11,600 residents — followed by New York, Dubai and Hong Kong.

Nearly all of the top 15 countries by billionaire population saw a decline — except the U.S.

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