Facebook, Zynga, LinkedIn and other high flying Bay Area start-ups have launched their founders and investors into the billionaire stratosphere (at least on paper). Over the last year, the social network revolution has made tycoons out of the likes of Sean Parker, Eduardo Saverin, Mark Pincus and Reid Hoffman. Last summer, Facebook’s Mark Zuckerberg was richer than Apple’s Steve Jobs. Today, he’s wealthier than both Google guys, Sergey Brin and Larry Page, too.
But while Silicon Valley basks in the golden glow of the wealth spotlight, Houston, TX is quietly minting new millionaires at a fast pace.
For the last two years Houston has enjoyed more growth in the number of High Net Worth Individuals–people with at least $1 million in investable assets (primary homes don’t count)–than any other U.S. city.

#1 Houston, TX

New Millionaire Growth YoY: 9.6%
Adult Population: 4,54 million
Number of Millionaires*: 96,7000
Percent of Population: 2.1%

 with $1 million or more in investable assets
Source: C

#2 Los Angeles, CA

New Millionaire Growth YoY: 8.8%
Adult Population: 10.25 million
Number of Millionaires*: 256,500
Percent of Population: 2.5%

#3 New York, NY

New Millionaire Growth YoY: 7.9%
Adult Population: 15.49 million
Number of Millionaires*: 720,000
Percent of Population: 4.6%

#4 Washington D.C.

New Millionaire Growth YoY: 7.9%
Adult Population: 4.44 million
Number of Millionaires*: 164,400
Percent of Population: 3.7%

#5 Boston, MA

New Millionaire Growth YoY: 7.3%
Adult Population: 3.79 million
Number of Millionaires*: 109,800
Percent of Population: 2.9%

#6 Chicago, IL

New Millionaire Growth YoY : 7.1%
Adult Population: 7.62 million
Number of Millionaires*: 212,300
Percent of Population: 2.8%

#7 San Francisco, CA

New Millionaire Growth YoY: 6.6%
Adult Population: 3.56 million
Number of Millionaires*: 147,400
Percent of Millionaires: 4.1%

#7 Philadelphia, PA

New Millionaire Growth YoY: 6%
Adult Population: 4.85 million
Number of Millionaires*: 110,400
Percent of Population: 2.4%

#9 Detroit, MI

Millionaire Growth YoY: 3.4%
Adult Population: 3.55 million
Number of Millionaires*: 92,100
Percent of Population: 2.6%

#10 San Jose, CA

Millionaire Growth YoY: 2.7%
Adult Population: 1.47 million
Number of Millionaires*: 88,800
Percent of Population: 6%