/
1x
Advertisement
Proudly Canadian, obsessively Toronto. Subscribe to Toronto Life!
City News

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

By Frances McInnis
Copy link

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]

THIS CITY

Obsessive coverage of Toronto, straight to your inbox

By signing up, you agree to our terms of use and privacy policy. You may unsubscribe at any time.

Advertisement
Advertisement

The Latest

Viral sensation Rodney the Tree’s duplex by Bellwoods hits the market for $2.7 million
Real Estate News

Viral sensation Rodney the Tree’s duplex by Bellwoods hits the market for $2.7 million

Inside the Latest Issue

The June issue of Toronto Life features our annual ranking of the best new restaurants. Plus, our obsessive coverage of everything that matters now in the city.