These are the American cities with the most millionaires, data shows

• About 5.5 million millionaires live in the US, a wealth report by Henley & Partners said.
• Unsurprisingly, New York City has the most millionaires. It's followed by the Bay Area and LA.
• But a "millionaire remix" means more wealthy people are heading to Austin and West Palm Beach.

Investment-migration consultancy Henley & Partners recently released its annual report on wealth in the US — including a ranking of the US' wealthiest cities by the number of millionaire residents.