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27th Jul 2016

New survey claims that one in every 40 people in Dublin is a millionaire

Conor Heneghan

More millionaires per capita than Paris, Berlin and Barcelona, according to a new survey.

One in every 40 people living in Dublin is a millionaire, according to a new survey by Spear’s Magazine and WealthInsight.

The survey, referenced in today’s Irish Times, has Dublin in tenth place on a list of European cities with most millionaires per capita, claiming that 2.3% (or approximately 1 in 40) of Dublin’s population are millionaires.

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Perhaps not surprisingly, Monaco is at the top of the list with 31.1 of its population classed as millionaires, followed by Zurich (24.3%), Geneva (17.7%) and London (3.4%).

Commenting on Dublin’s position on the list, Head of WealthInsight, Oliver Williams, said: “Most of these have earned their wealth from Dublin’s burgeoning tech scene, which has attracted talent from both Europe and the US.”

One in every 40 people in Dublin is a millionaire?

Careful you don’t bump into five or six of them on your way home from work this evening.

The 10 European cities with the most millionaires per capita

  1. Monaco (31.1%)
  2. Zurich (24.3%)
  3. Geneva (17.7%)
  4. London (3.4%)
  5. Oslo (2.9%)
  6. Frankfurt (2.7%)
  7. Amsterdam (2.7%)
  8. Florence (2.5%)
  9. Rome (2.4%)
  10. Dublin (2.3%)

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Topics:

Dublin,Money