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Monaco: where OT ballers retire to (millionaire central)
Posted on 7/28/16 at 5:40 pm
Posted on 7/28/16 at 5:40 pm
LINK
quote:
Almost a third of the city state's population now classify as millionaires, up 6% compared to two years ago, according to a new survey.
quote:
New York is the only non-European city that made it into the top five globally. With one in 21 New Yorkers classified as millionaires, the city comes in fourth based on the number of millionaires as percentage of the overall population.
London has moved up one spot in the ranks to fifth overall with one in 29 inhabitants millionaires.
This post was edited on 7/28/16 at 5:43 pm
15
Posted on 7/28/16 at 5:41 pm to TejasHorn
Sounds queer. Give me Hammond any day of the week.
This post was edited on 7/28/16 at 5:42 pm
Posted on 7/28/16 at 5:42 pm to TejasHorn
Looks like a trailer park.
Posted on 7/28/16 at 5:42 pm to TejasHorn
quote:
With one in 21 New Yorkers classified as millionaires
Dang, I gotta move to New York, that's like a six percent chance!! So much better than the odds on the slots.
Posted on 7/28/16 at 5:44 pm to TejasHorn
Looks like the Prop Stop only with more money.
Posted on 7/28/16 at 5:45 pm to TejasHorn
quote:
New York is the only non-European city that made it into the top five globally. With one in 21 New Yorkers classified as millionaires, the city comes in fourth based on the number of millionaires as percentage of the overall population.
That's pretty incredible, cost of living be damned.
Posted on 7/28/16 at 5:46 pm to TejasHorn
Was looking for a rebel flag flying from one of those boats
Posted on 7/28/16 at 5:48 pm to TejasHorn
Shite, I'm moving to Monaco to be with my peers.
Posted on 7/28/16 at 5:48 pm to TejasHorn
quote:
New York is the only non-European city that made it into the top five globally. With one in 21 New Yorkers classified as millionaires, the city comes in fourth based on the number of millionaires as percentage of the overall population.
This is going to trigger the shite out of Dallas people, who think Manhattan is a step on the ladder to life in glorious DFW
Posted on 7/28/16 at 5:49 pm to slackster
It is.
With that said, $1 million doesn't go nearly as far in places like NYC as it does elsewhere.
It would be interesting to see how cost of living, to include local taxation, factors in.
With that said, $1 million doesn't go nearly as far in places like NYC as it does elsewhere.
It would be interesting to see how cost of living, to include local taxation, factors in.
Posted on 7/28/16 at 5:49 pm to TejasHorn
It's a quaint place. Pettifogger, Pilot, and myself have properties there. A few ships as well.
Posted on 7/28/16 at 5:53 pm to PairofDucks
I get all that, but if you've got a net worth of 1MM$, you can move it with you to somewhere it goes much further.
Posted on 7/28/16 at 5:53 pm to TejasHorn
quote:
Almost a third of the city state's population now classify as millionaires
I'll take "Cities I'm sure to never get laid in" for 1000, Alex.
Posted on 7/28/16 at 6:07 pm to slackster
Truth.
Also, people with a net worth north of $1 million tend to have skilled CPAs to advise them on tax considerations.
Also, people with a net worth north of $1 million tend to have skilled CPAs to advise them on tax considerations.
Posted on 7/28/16 at 6:08 pm to TejasHorn
Why did I let my Broker talk me in to a grey Yacht? Sticks out like a sore thumb. 
Posted on 7/28/16 at 6:10 pm to TejasHorn
Was just there two weeks ago. Minimum balance to open a bank account is 40k. Citizenship can only be passed by parentage. Even if you are born there, no go if your parents aren't citizens. Overall it was meh.
Posted on 7/28/16 at 6:11 pm to PairofDucks
quote:
Also, people with a net worth north of $1 million tend to have skilled CPAs to advise them on tax considerations.
Net worth of $1MM is not really that much.
How much is your house worth? Any rental property? Investments? Retirement/401k accounts?
$1MM is barely retirement money. Certainly not in New York City.
Posted on 7/28/16 at 6:13 pm to Pettifogger
quote:
This is going to trigger the shite out of Dallas people, who think Manhattan is a step on the ladder to life in glorious DFW
Posted on 7/28/16 at 6:14 pm to slackster
quote:
1MM$
WTF is this?
Posted on 7/28/16 at 6:16 pm to Sid in Lakeshore
A net worth of $1M is the same regardless of where you live. It isn't income. It is portable.
That being said, whether or not it is enough to live on depends on your age.
That being said, whether or not it is enough to live on depends on your age.
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