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Wintrust Business Minute: Chicago is 4th ranked city for number of millionaires
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago ranks fourth among U.S. cities for the number of millionaires. The city has 120,500 millionaires, 24 billionaires and 290 centimillionaires. A centimillionaire has wealth of at least $100 million. Compared to a decade ago, the millionaire figure is up 22%. The report says one in every 22 residents or about 2.6 million Chicagoans are millionaires. The figures were compiled by international wealth migration firm Henley and Partners. New York City has the most millionaires in the U.S., followed by the San Francisco Bay Area and Los Angeles. After Chicago is Houston, Dallas, Seattle, Boston, Miami and Austin.
Also, a Chicago-based insurance startup plans to double its staffing over the next 18 months. Listen for more below:
https://serve.castfire.com/audio/4857083/4857083_2024-05-09-212723.64kmono.mp3
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By wgnradio.com
4.5
88 ratings
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago ranks fourth among U.S. cities for the number of millionaires. The city has 120,500 millionaires, 24 billionaires and 290 centimillionaires. A centimillionaire has wealth of at least $100 million. Compared to a decade ago, the millionaire figure is up 22%. The report says one in every 22 residents or about 2.6 million Chicagoans are millionaires. The figures were compiled by international wealth migration firm Henley and Partners. New York City has the most millionaires in the U.S., followed by the San Francisco Bay Area and Los Angeles. After Chicago is Houston, Dallas, Seattle, Boston, Miami and Austin.
Also, a Chicago-based insurance startup plans to double its staffing over the next 18 months. Listen for more below:
https://serve.castfire.com/audio/4857083/4857083_2024-05-09-212723.64kmono.mp3
Recent Posts
Wintrust Business Lunch
Corporate tax, retirement Catch-22, Nicky’s of Beverly
.cls-7{fill:#fff;fill-rule:evenodd}
Restaurant replacing Dick’s Last Resort opens in July
.cls-4{fill:#000;}
Cameo to move headquarters to Fulton Market
.cls-4{fill:#000;}
Retirement plan, Fed policy, Rocky’s Dojo & Gym
.cls-7{fill:#fff;fill-rule:evenodd}
Terry Savage: Signals for a bear market
.cls-7{fill:#fff;fill-rule:evenodd}
Click for more
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