America's Big City Millionaires Grew by 7.3% in 2010
From No. 1 New York (with a 7.9 % increase to 720,000 millionaires) to No. 10 San Jose (2.7% to 89,000), every major economic hub minted more officially affluent people than it lost.
Wondering if you made the list? Your assets, excluding your home, must exceed $1 million. (If you'd like to make the grade next time, check out these tips.)
No new cities broke into the top 10, though most surpassed their pre-recession totals in 2010, according to Capgemini. Fortunes bulked up on more aggressive investing, said William Sullivan, Capgemini's head of global market intelligence. Fewer of the well-off just socked it away last year as the economy recovered and equities became more inviting.
From both city and country, 1% of the nation is now of the high net worth persuasion.
On a down note, America's big cities fell short of the international jump of 8.3% reported in June. Oh well -- there's always next year.