There are 41 multimillionaires in Tel Aviv with a capital of over $100 million.

Henley & Partners has published a study on the cities with the most multimillionaires, with Tel Aviv ranking 41st with 82 people worth over $100 million. The total number of such multimillionaires in Israel is 212.

Tel Aviv's wealthy cluster is due to the thriving tech companies that are based in the city. New York City ranks first with 744 multimillionaires, followed by San Francisco (675) and Los Angeles (496). London, Beijing, Singapore, Shanghai, Hong Kong, Chicago and Paris also make the list.

There are 29,350 people worldwide with a net worth of several hundred million dollars, up 54% from a decade ago.