Millionaires fleeing Chicago more than any other US city

The rich have the means to vote with their feet, and Chicago's millionaires are apparently not shy about expressing their preferences. Per a report by the research company New World Wealth, about 2% of Chicago residents with a million dollars or more (not including their primary residence) fled the city, citing racial tensions and the high crime rate.  That's more than 3,000 individuals who decided to get while the going is good. Chicago Tribune: Chicago was among four cities worldwide with the biggest flight of millionaires. Paris saw the largest exodus. The French city lost 7,000, or 6 percent, of its millionaires, followed by Rome, which lost 5,000, or 7 percent. Chicago was next, followed by Athens. Most of the millionaires who left Paris and Rome fled their countries, while Chicagoans moved elsewhere in the United States, said New World Wealth, whose data is used by luxury-goods companies, private banks and real estate professionals, among...(Read Full Post)