1,765 people in Toronto are worth more than $30 million

1,765 people in Toronto are worth more than $30 million

This just in from the latest in the never-ending series of city rankings: Toronto has 1,765 “high-net-worth individuals,” defined as someone with at least $30 million (USD) in net assets. Real estate consultants Knight Frank also predicted the ranks of Toronto’s rich would surpass 2,300 over the next decade, though that’s still a long way away from New York, which topped the list of world cities with 7,580 ultra-wealthy residents. Toronto is currently in 20th position, which puts it ahead of Zurich, Munich, Singapore, Sydney, Dusseldorf, Hamburg, Geneva, Melbourne, Frankfurt and Rome. [h/t Globe and Mail]