Living
Richest New Yorkers Will Devastate City If They Leave With $133 Billion
An elite group of 38,700 people paid 42.5% of the city’s income tax collections, and the top 5% of residents earned more than the bottom 95%.
Source: Getty Images
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Before Covid-19 hit, New York City was home to many of the richest people in the world, an elite group of 30,000 families earning at least $1 million a year.
Gotham’s future will be decided by how many of these super-wealthy people remain after the pandemic is over.