France: Exodus of 10,000 millionaires amid rising Muslim tensions, by Ananya Roy. A new report on migration trends of millionaires and high-net worth individuals across the world reveals Paris saw the maximum millionaire outflow – losing about 6% of its millionaire population or 7,000 millionaires in 2015 to the UK, the US, Canada, Australia and Israel.
Australian cities Sydney, Melbourne and Perth saw a significant millionaire inflow in 2015 from China, Europe, the UK, the US and South Africa, with Sydney topping the chart with 4,000 new millionaires or 4% added to its existing millionaire population, according to the report. Melbourne and Perth had 3,000 and 1,000 new millionaires in 2015, respectively. Tel Aviv, Dubai, San Francisco, Vancouver and Seattle also featured among the top eight cities with millionaire inflows.