Well Bloomberg can rest easy now, because according to the 2010 U.S. Wealth Metro Index, the city has more High Net Worth Individuals than the next top three cities (Los Angeles, Chicago and Washington, D.C.) combined. New York had 667,200 millionaires in 2009, up 18.7% from 2008. They also predict the HNWIs will get even richer next year. So now it's just a matter of days until their taxes plug up all the budget gaps, right? We'll be waiting patiently for the MTA to put back all of those bus lines.
NYC Leads Country in Millionaires
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"It puts more of a burden on New York — puts more of a burden on 49 other states."
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