Last week, the influential SPEAR'S magazine published a list of millionaires’ most favourite places of residence. It comes as no surprise that the Principality still remains in first position, as every third resident of Monaco is a millionaire.
The European magazine, Spear's, together with the information center WealthInsight, has published a joint rating, featuring cities with the highest concentration of high net worth individuals. Monaco may be small in size, but it leads the list with the greatest number of millionaires per head.