List of the world's 10 wealthiest cities released; New York on top spot

New York City has been named the world's wealthiest city with 3,40,000 millionaires, according to a list of the 10 wealthiest cities released by investment migration firm Henley & Partners. It is followed by Japan's capital Tokyo and the Bay Area (San Francisco and Silicon Valley) of the US. The firm also mentioned that Mumbai is India's wealthiest city.