Newsletter
Newsletter Support JNS

Study: Tel Aviv home to 42,400 millionaires, ranking second in Middle East

Israel’s coastal city and primary economic engine has 2,260 residents with a net worth of over $10 million and 118 with more than $100 million.

Tel Aviv, April 20, 2022. Photo by Matanya Tausig/Flash90.
Tel Aviv, April 20, 2022. Photo by Matanya Tausig/Flash90.

A new study released this week by Henley & Partners found that 42,400 millionaires live in Tel Aviv, or about one in 10 residents.

Among them, Israel’s coastal city and primary economic engine is home to 2,260 people with a net worth of over $10 million, 118 residents with more than $100 million and 12 billionaires.

Tel Aviv placed second in terms of the richest cities in the Middle East—based on the number of millionaires—behind Dubai in the United Arab Emirates.

UAE capital Abu Dhabi ranked third, Doha in Qatar fourth, and Riyadh in Saudi Arabia rounded out the top five.

Globally, New York City has the most millionaires (345,600), followed by Tokyo, the San Francisco Bay Area, London and Singapore.

Henley & Partners defines a millionaire as someone who has investable assets worth $1 million or more.

Anessa Johnson claimed $10 million in damages after the private Washington school fired her for a series of antisemitic social media posts.
U.S. President Donald Trump appears to have precipitated the move by demanding congressional action in a social media post earlier on Wednesday.
JNS sought comment from Aria Fani and received an autoreply, “On leave until September. Will not check email with capitalist frequency.”
A spokesman for the Ivy told JNS that the school believes being required “to create lists of Jewish faculty and staff, and to provide personal contact information, raises serious privacy and First Amendment concerns.”
The new program adds “America First foreign policy lectures” and shifts focus to merit and core diplomatic skills.
Police officers found evidence that Dejaun Angelo was running a marijuana business in his apartment and “hundreds of ammunition boxes” in a storage unit.