The ranks of those who can call themselves a rich city slicker have grown a bit thicker. Reflecting the global surge of millionaires reported recently, the United States' 10 wealthiest urban areas produced 7.3% more high net worth individuals in 2010, Capgemini announced Tuesday in its U.S. Metro Wealth Index.

From No. 1 New York (with a 7.9 % increase to 720,000 millionaires) to No. 10 San Jose (2.7% to 89,000), every major economic hub minted more officially affluent people than it lost.

Wondering if you made the list? Your assets, excluding your home, must exceed $1 million. (If you'd like to make the grade next time, check out these tips.)

The best place to be nouveau riche -- or just newly rich -- was No. 8 Houston, which added millionaires at a nation-high rate of 9.6% to 97,000. It traded places with Detroit, which fell to No. 9. This was one of those cases where Houston, the fourth-most populous city in the U.S., had nowhere to go but up. It fell the hardest in 2008, the report pointed out. Since then, its oil and gas industry has helped fuel a resurgence of the ostentatiously prosperous. No. 2 Los Angeles had the second-largest increase, bringing 8.8% more millionaires behind its velvet rope of 257,000 high net worth individuals.

No new cities broke into the top 10, though most surpassed their pre-recession totals in 2010, according to Capgemini. Fortunes bulked up on more aggressive investing, said William Sullivan, Capgemini's head of global market intelligence. Fewer of the well-off just socked it away last year as the economy recovered and equities became more inviting.

From both city and country, 1% of the nation is now of the high net worth persuasion.

On a down note, America's big cities fell short of the international jump of 8.3% reported in June. Oh well -- there's always next year.

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238 Comments

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Rich

Hey, this is great. More millionaires and still nobody is paying any taxes, so our government is about to go into default. Let's give some more tax breaks to the wealthy so we can create some more millionaires while average Americans start standing in soup lines.

July 14 2011 at 1:32 AM Report abuse +1 rate up rate down Reply
wurkinman1

Yeah..its called lottery winners...not jobs

July 13 2011 at 7:36 PM Report abuse rate up rate down Reply
bharrison777

Social Security was passed in 1937 about 70 years ago and now is in trouble. Medicare was passed in 1960's about 45 to 50 years ago and now in trouble. How long will it take Obamacare to tank. 15 to 20 years?

July 13 2011 at 5:29 PM Report abuse -1 rate up rate down Reply
1 reply to bharrison777's comment
nomorebarry7

Huh?

July 13 2011 at 6:05 PM Report abuse -1 rate up rate down Reply
donut999

Just like a loaf of bread used to be a lot less, the defintion of a millionaire has changed drastically. This story includes housing which is not a true measure. A real millionaire has a million liquid, ie, he could put his hands on it and spend it tomorrow. His or her actual net worth is probably a minimum of $2 million. We all have to live somewhere so including housing is bogus. Even encumbered retirement funds are marginal to include without an
adjustment for the penalty and taxes which I am sure for a millionaire would be a 30% minimum hit. The old saying you cannot have it both ways applies here if you are an obama slammer. Is he socialist who cares nothing about the rich and wants to see the wealth redistributed, or is his goal to be a millionaire maker. He can not be both.

July 13 2011 at 5:12 PM Report abuse rate up rate down Reply
Qassam

If I were a Democrat, which I sane enough not to be, I guess I'd have to make a comment about more millionaires being caused by Bush and his tax cuts borne on the backs of all the poor starving children in this country.

July 13 2011 at 2:15 PM Report abuse -2 rate up rate down Reply
2 replies to Qassam's comment
nomorebarry7

Yep You a Democrat !

July 13 2011 at 2:54 PM Report abuse +2 rate up rate down Reply
donut999

You can be a realist without having to be a democrat. I am one.

July 13 2011 at 5:13 PM Report abuse rate up rate down Reply
kafienkarl

More millionaires the (r) should be happy with Obama's policies. There both trash and rich. Dems are educated middle-class that believe in democracy for all not just the rich and the idiot trash that believe everything on Murdoch's fox..he's a cheater also.

July 13 2011 at 1:20 PM Report abuse +1 rate up rate down Reply
3 replies to kafienkarl's comment
LA is Best

B Hussein Omarxist's class warfare, a lot of you KoolAid drinking Dillocrats are in a sinking ship and your life vest (blame Bush) is worn out. America allows ANYONE that wants to succeed the opportunity to excel and that folks is why we have millionaires. The rich haven't taken anything away from anyone, it's the government that you should fear. You simple minded robots are being used to further the Marxist ideology and most of you are as blind as a bat! Wake the F%&#K up before you lose all of your freedom

July 13 2011 at 1:05 PM Report abuse +1 rate up rate down Reply
1 reply to LA is Best's comment
tmachine2

What? The rich haven't taken from the poor and the middle class? What planet are you from? What kind of rope are you smoking?

July 14 2011 at 11:35 AM Report abuse +1 rate up rate down Reply
Randy

Hey Liberals, you guys have to make up your minds. Are the Republicans the rich or the trailer trash? You just can't make things up as go go! LOL

July 13 2011 at 1:02 PM Report abuse +2 rate up rate down Reply
1 reply to Randy's comment
Qassam

Liberal fantasy: republicans are the rich they love to hate and they live in trailers. No need to reconcile the facts.

July 13 2011 at 2:18 PM Report abuse +1 rate up rate down Reply
bushsnitemare2

LATER DINGLEBERRY!!!!!!!

July 13 2011 at 12:59 PM Report abuse rate up rate down Reply
1 reply to bushsnitemare2's comment
nomorebarry7

Bye Somey ........time for your gubment cheese samich?

July 13 2011 at 1:00 PM Report abuse +2 rate up rate down Reply
bushsnitemare2

BIRTHERS=WHITE TRASH

July 13 2011 at 12:46 PM Report abuse -1 rate up rate down Reply
3 replies to bushsnitemare2's comment