The World's 10 Richest Cities

When a city has vibrant culture, a booming economy, and appealing real estate, it attracts a lot of high-profile residents. To see which world-class cities have the largest populations of wealthy individuals, check out this list of the richest cities in the world.

As CNBC reports, the United States is home to several wealthy cities, accounting for six of the urban centers in the top 10. New York takes the top slot, with 120,605 of the people living there boasting a net worth of $5 million or more. That's more than 4 percent of the global wealth population.

It's followed by Tokyo, where 81,645 residents have a net worth totaling at least $5 million. Hong Kong ranks third with 73,430 wealthy citizens. Other U.S. cities on the list include Los Angeles, Chicago, San Francisco, Washington, D.C., and Dallas. The other two cities in the top 10—London and Paris—are Europe's only representation.

The information used to compile the list comes from the data firm Wealth-X, which looked at global wealth statistics from the past decade. Cities that attract wealthy residents tend to have a high cost of living, but the richest cities in the world aren't always the most expensive to live in. After reading the list below, compare it to the 10 most expensive cities in the world.

1. New York City, U.S.

2. Tokyo, Japan

3. Hong Kong

4. Los Angeles, U.S.

5. London, UK

6. Paris, France

7. Chicago, U.S.

8. San Francisco, U.S.

9. Washington, D.C., U.S.

10. Dallas, U.S.

[h/t CNBC]