Los Angeles is home to 205,400 millionaires.
The city's high-net-worth-individual population of people worth $1 million or more grew by 35% between 2012 and 2022, according to a report by Henley and Partners, a residence and citizenship advisory based in London.
New York tops the list, with 340,000. Tokyo is second with 290.300 and San Francisco Bay Area comes in third with 285,000.
Los Angeles is home to 480 centimillionaires, or individuals with a net worth of more than $100 million. There are also 42 billionaires.
New York City leads again the list of centimillionaires, with 724. With 63 billionaires, the Bay Area is home to the most.
In North America, the top cities by high-net-worth-individuals are New York City, the Bay Area, Los Angeles, Chicago and Toronto.
The report includes 97 cities in nine different regions around the world. New World Wealth provides the data, which tracks more than 150,00 high-net worth individuals' movements and spending patterns.